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downtrend

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Elon Bald444
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#2 - What’s Happening in Crypto Today? 🤔👎🥺😫 Daily Crypto News Digest Crypto market is red today The crypto market has turned another corner and reentered the green territory. Over the past 24 hours, the global cryptocurrency market capitalization has dropped 1%, currently standing at $3.45 trillion. At the time of writing, the daily crypto trading volume is $124 billion. Of the top 10 coins per market cap, only one is red today.  XRP dropped 1.5% to $2.43. On the other hand, Ethereum (ETH) increased the most. The coin appreciated 2% and is now trading at $2,604.  Cardano (ADA) follows with a 1.7% rise to the price of $0.7809. At the same time, Bitcoin (BTC) recorded a 1.2% increase to the current price of $103,637. As for the top 100 coins per market cap, the best performers are Story (IP) and EOS (EOS). They’re up 9.6% and 9.4% to $5.02 and $0.8469, respectively. Only nine coins saw their prices decrease, four of which fell by more than 1%. Quant (QNT) dropped 3.7% to $95.17, while Optimism (OP) decreased by 2.7% to $0.7533. #CryptocurrencyUpdates #downtrend $ETH $ADA $BTC {spot}(XRPUSDT) {spot}(BTCUSDT) {spot}(ADAUSDT)
#2 - What’s Happening in Crypto Today? 🤔👎🥺😫
Daily Crypto News Digest

Crypto market is red today
The crypto market has turned another corner and reentered the green territory.
Over the past 24 hours, the global cryptocurrency market capitalization has dropped 1%, currently standing at $3.45 trillion. At the time of writing, the daily crypto trading volume is $124 billion.
Of the top 10 coins per market cap, only one is red today.  XRP dropped 1.5% to $2.43. On the other hand, Ethereum (ETH) increased the most. The coin appreciated 2% and is now trading at $2,604.  Cardano (ADA) follows with a 1.7% rise to the price of $0.7809.
At the same time, Bitcoin (BTC) recorded a 1.2% increase to the current price of $103,637.
As for the top 100 coins per market cap, the best performers are Story (IP) and EOS (EOS). They’re up 9.6% and 9.4% to $5.02 and $0.8469, respectively.
Only nine coins saw their prices decrease, four of which fell by more than 1%. Quant (QNT) dropped 3.7% to $95.17, while Optimism (OP) decreased by 2.7% to $0.7533.
#CryptocurrencyUpdates #downtrend
$ETH $ADA $BTC


ETHUSDC
Long
Closed
PNL (USDT)
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Bearish
#downtrend PIPPINUSDT Surges Over 75% as Volume Explodes New Entry Point: $0.04688 Exit Point: $0.04000 $0.03800 Leverage: x10
#downtrend PIPPINUSDT Surges Over 75% as Volume Explodes

New Entry Point: $0.04688

Exit Point: $0.04000
$0.03800
Leverage: x10
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Bearish
See original
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Bullish
$RED {future}(REDUSDT) Despite the recent sharp downtrend, the current consolidation near 0.6838 indicates a potential base for a bullish reversal. If buying pressure increases, a move back towards the 0.7280 resistance could be expected, signaling a potential recovery and a move to retest higher levels. Traders should watch for a break above the 0.7280 level, which would confirm the bullish reversal and open the path towards retesting the previous highs near 0.8637 and 0.8965. Increased volume on the upward move would further validate the bullish scenario, potentially leading to new highs.#RED #downtrend #bullish
$RED
Despite the recent sharp downtrend, the current consolidation near 0.6838 indicates a potential base for a bullish reversal. If buying pressure increases, a move back towards the 0.7280 resistance could be expected, signaling a potential recovery and a move to retest higher levels.
Traders should watch for a break above the 0.7280 level, which would confirm the bullish reversal and open the path towards retesting the previous highs near 0.8637 and 0.8965. Increased volume on the upward move would further validate the bullish scenario, potentially leading to new highs.#RED #downtrend #bullish
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Bearish
$BNB 📉 BNB/USDT Short Trade Idea 🔥 💰 Current Price: $603.19 📉 Market Overview: BNB is facing rejection near resistance and struggling to stay above $600. A drop below $600 could lead to further downside. 📊 Key Levels: 🔴 Resistance: $608 / $615 🟢 Support: $595 / $585 🎯 Target Levels: ✅ TP1: $595 ✅ TP2: $585 ✅ TP3: $575 🛑 Stop Loss: $616 🔍 Trade Plan: Ideal entry around $606 if price shows rejection. Watch for a confirmed break below $600 for bearish continuation. Market weakness could push BNB toward $585. 🔥 Extra Tips: ✅ Keep an eye on Binance ecosystem news. ✅ Use proper risk management; crypto volatility is high. ✅ Avoid over-leveraging and stick to your strategy. 📊 Stay disciplined and trade smart! 🚀 #bnb #bearishmomentum #CryptoNewss #downtrend #BNB_Market_Update $BNB {spot}(BNBUSDT)
$BNB 📉 BNB/USDT Short Trade Idea 🔥

💰 Current Price: $603.19
📉 Market Overview:

BNB is facing rejection near resistance and struggling to stay above $600.

A drop below $600 could lead to further downside.

📊 Key Levels:
🔴 Resistance: $608 / $615
🟢 Support: $595 / $585

🎯 Target Levels:
✅ TP1: $595
✅ TP2: $585
✅ TP3: $575

🛑 Stop Loss: $616

🔍 Trade Plan:

Ideal entry around $606 if price shows rejection.

Watch for a confirmed break below $600 for bearish continuation.

Market weakness could push BNB toward $585.

🔥 Extra Tips:
✅ Keep an eye on Binance ecosystem news.
✅ Use proper risk management; crypto volatility is high.
✅ Avoid over-leveraging and stick to your strategy.

📊 Stay disciplined and trade smart! 🚀

#bnb #bearishmomentum #CryptoNewss #downtrend #BNB_Market_Update
$BNB
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Bullish
$SUI {future}(SUIUSDT) Despite the significant downtrend and liquidation, the current price holding near 2.2525 could indicate a potential bottoming pattern and a possible bullish reversal. If buying pressure emerges, a move towards the 2.3380 resistance level is possible, suggesting a potential recovery. Traders should watch for a decisive break above the 2.3380 level, signaling a potential shift towards retesting previous highs near 2.3724. Increased volume on the upward move would strengthen this bullish scenario.#SUİ #bullish #downtrend
$SUI
Despite the significant downtrend and liquidation, the current price holding near 2.2525 could indicate a potential bottoming pattern and a possible bullish reversal. If buying pressure emerges, a move towards the 2.3380 resistance level is possible, suggesting a potential recovery.
Traders should watch for a decisive break above the 2.3380 level, signaling a potential shift towards retesting previous highs near 2.3724. Increased volume on the upward move would strengthen this bullish scenario.#SUİ #bullish #downtrend
$PARTI / USDT Experiencing Significant Downtrend! Watch for Potential Support Levels! 🎈 $PARTI is currently trading at $0.1732, down sharply by -9.93% today. Looking at the 4-hour chart, $P$PARTI s been in a strong downtrend, with a significant drop occurring recently. This indicates strong selling pressure, and traders should exercise caution. Key Points: Current Price: $0.1732 24h High: $0.2280 24h Low: $0.1703 Potential Strategy: Given the strong downward momentum, it's crucial to identify potential support levels where the selling pressure might subside. Avoid trying to catch a falling knife. Possible Support Levels (Short-Term): Immediate Support: The $0.1700 - $0.1730 area (near the 24h low) might offer some initial support. Further Support: If the selling continues, the next potential support levels could be found by looking at previous lows or significant psychological levels (not visible on this chart). Risk Management: Given the significant price drop, risk management is paramount. If you are in a long position, consider setting stop-loss orders to limit further losses. Avoid entering new long positions until signs of stabilization or a clear reversal pattern emerge. Disclaimer: Trading cryptocurrencies involves substantial risk. This is not financial advice. The current price action indicates strong bearish momentum. Conduct your own thorough research and exercise extreme caution before making any trading decisions. Stay vigilant and monitor the price action for potential stabilization or further downside. #Crypto #Layer1 #Trading #Downtrend
$PARTI / USDT Experiencing Significant Downtrend! Watch for Potential Support Levels! 🎈
$PARTI is currently trading at $0.1732, down sharply by -9.93% today.
Looking at the 4-hour chart, $P$PARTI s been in a strong downtrend, with a significant drop occurring recently. This indicates strong selling pressure, and traders should exercise caution.
Key Points:

Current Price: $0.1732
24h High: $0.2280
24h Low: $0.1703

Potential Strategy:
Given the strong downward momentum, it's crucial to identify potential support levels where the selling pressure might subside. Avoid trying to catch a falling knife.
Possible Support Levels (Short-Term):

Immediate Support: The $0.1700 - $0.1730 area (near the 24h low) might offer some initial support.
Further Support: If the selling continues, the next potential support levels could be found by looking at previous lows or significant psychological levels (not visible on this chart).

Risk Management:
Given the significant price drop, risk management is paramount. If you are in a long position, consider setting stop-loss orders to limit further losses. Avoid entering new long positions until signs of stabilization or a clear reversal pattern emerge.
Disclaimer: Trading cryptocurrencies involves substantial risk. This is not financial advice. The current price action indicates strong bearish momentum. Conduct your own thorough research and exercise extreme caution before making any trading decisions.
Stay vigilant and monitor the price action for potential stabilization or further downside.
#Crypto #Layer1 #Trading #Downtrend
$ARB / USDT Showing Significant Downtrend - Watch Key Support! 🚨 Arbitrum ( $ARB ) is currently trading at $0.2961 on Binance, down by 1.69% on the 4-hour chart and a substantial 8.47% overall. The 4-hour chart clearly illustrates strong bearish momentum. The price has broken below multiple potential support levels and is currently trading just above its 24-hour low of $0.2957. The 24-hour high of $0.3391 highlights the extent of the recent sell-off. The immediate support level to watch is the 24-hour low. A break below this could lead to a further significant downside. On the upside, resistance is expected around the $0.300 and $0.310 zones. A strong bullish reversal would be needed to negate the current bearish sentiment. Key Levels to Watch: Potential Support: $0.2957 Potential Resistance: $0.300, $0.310, $0.320 Exercise extreme caution as $ARB is currently exhibiting strong bearish momentum. Monitor volume and price action closely for any signs of potential reversal, but be prepared for further downside. #ARB #ARBİTRUM #Ethereum #DownTrend #RiskManagement
$ARB / USDT Showing Significant Downtrend - Watch Key Support! 🚨
Arbitrum ( $ARB ) is currently trading at $0.2961 on Binance, down by 1.69% on the 4-hour chart and a substantial 8.47% overall.
The 4-hour chart clearly illustrates strong bearish momentum. The price has broken below multiple potential support levels and is currently trading just above its 24-hour low of $0.2957. The 24-hour high of $0.3391 highlights the extent of the recent sell-off.
The immediate support level to watch is the 24-hour low. A break below this could lead to a further significant downside. On the upside, resistance is expected around the $0.300 and $0.310 zones. A strong bullish reversal would be needed to negate the current bearish sentiment.
Key Levels to Watch:

Potential Support: $0.2957
Potential Resistance: $0.300, $0.310, $0.320

Exercise extreme caution as $ARB is currently exhibiting strong bearish momentum. Monitor volume and price action closely for any signs of potential reversal, but be prepared for further downside.
#ARB #ARBİTRUM #Ethereum #DownTrend #RiskManagement
$ACE / USDT Showing Downtrend Continuation! Watch for Potential Support Levels! ♠️ $ACE is currently trading at $0.519, down by -0.95% today, continuing its recent downward trend. Looking at the 4-hour chart, $ACE has been consistently making lower highs and lower lows, indicating sustained bearish momentum. There are no clear signs of a reversal at this point. Key Points: Current Price: $0.519 24h High: $0.545 24h Low: $0.515 Potential Strategy: In a persistent downtrend, it's generally prudent to remain cautious. Focus on identifying potential support levels where the selling pressure might temporarily subside. Avoid trying to predict the exact bottom. Possible Support Levels (Short-Term): Immediate Support: The $0.515 level (near the 24h low) might offer some minor, short-term support. Further Support: If the downtrend continues, look for potential support around previous lows or significant psychological levels (not visible on this chart). Risk Management: Risk management is crucial in a downtrend. If you are currently in a long position, consider setting stop-loss orders to limit potential losses. Avoid entering new long positions until there are clear indications of a trend reversal, such as sustained breaks above resistance levels or bullish chart patterns. Disclaimer: Trading cryptocurrencies involves substantial risk. This is not financial advice. The current price action indicates continued bearish momentum. Conduct your own thorough research and exercise extreme caution before making any trading decisions. Stay vigilant and monitor the price action for potential signs of a bottom, but be prepared for further downside. #Crypto #Trading #Downtrend
$ACE / USDT Showing Downtrend Continuation! Watch for Potential Support Levels! ♠️
$ACE is currently trading at $0.519, down by -0.95% today, continuing its recent downward trend.
Looking at the 4-hour chart, $ACE has been consistently making lower highs and lower lows, indicating sustained bearish momentum. There are no clear signs of a reversal at this point.
Key Points:

Current Price: $0.519
24h High: $0.545
24h Low: $0.515

Potential Strategy:
In a persistent downtrend, it's generally prudent to remain cautious. Focus on identifying potential support levels where the selling pressure might temporarily subside. Avoid trying to predict the exact bottom.
Possible Support Levels (Short-Term):

Immediate Support: The $0.515 level (near the 24h low) might offer some minor, short-term support.
Further Support: If the downtrend continues, look for potential support around previous lows or significant psychological levels (not visible on this chart).

Risk Management:
Risk management is crucial in a downtrend. If you are currently in a long position, consider setting stop-loss orders to limit potential losses. Avoid entering new long positions until there are clear indications of a trend reversal, such as sustained breaks above resistance levels or bullish chart patterns.
Disclaimer: Trading cryptocurrencies involves substantial risk. This is not financial advice. The current price action indicates continued bearish momentum. Conduct your own thorough research and exercise extreme caution before making any trading decisions.
Stay vigilant and monitor the price action for potential signs of a bottom, but be prepared for further downside.
#Crypto #Trading #Downtrend
$ANKR / USDT Showing Downtrend Continuation! Watch for Potential Support Levels! ⚓️ $ANKR is currently trading at $0.01631, down by -3.32% today, continuing its recent downward trend. Looking at the 4-hour chart, $ANKR as been consistently making lower highs and lower lows, indicating sustained bearish momentum. There are no clear signs of a reversal at this point. Key Points: Current Price: $0.01631 24h High: $0.01699 24h Low: $0.01630 Potential Strategy: In a persistent downtrend, it's generally prudent to remain cautious. Focus on identifying potential support levels where the selling pressure might temporarily subside. Avoid trying to predict the exact bottom. Possible Support Levels (Short-Term): Immediate Support: The $0.0163 level (near the 24h low) might offer some minor, short-term support. Further Support: If the downtrend continues, look for potential support around previous lows or significant psychological levels (not clearly visible on this chart). Risk Management: Risk management is crucial in a downtrend. If you are currently in a long position, consider setting stop-loss orders to limit potential losses. Avoid entering new long positions until there are clear indications of a trend reversal, such as sustained breaks above resistance levels or bullish chart patterns. Disclaimer: Trading cryptocurrencies involves substantial risk. This is not financial advice. The current price action indicates continued bearish momentum. Conduct your own thorough research and exercise extreme caution before making any trading decisions. Stay vigilant and monitor the price action for potential signs of a bottom, but be prepared for further downside. #Crypto #LiquidStaking #Trading #Downtrend
$ANKR / USDT Showing Downtrend Continuation! Watch for Potential Support Levels! ⚓️
$ANKR is currently trading at $0.01631, down by -3.32% today, continuing its recent downward trend.
Looking at the 4-hour chart, $ANKR as been consistently making lower highs and lower lows, indicating sustained bearish momentum. There are no clear signs of a reversal at this point.
Key Points:

Current Price: $0.01631
24h High: $0.01699
24h Low: $0.01630

Potential Strategy:
In a persistent downtrend, it's generally prudent to remain cautious. Focus on identifying potential support levels where the selling pressure might temporarily subside. Avoid trying to predict the exact bottom.
Possible Support Levels (Short-Term):

Immediate Support: The $0.0163 level (near the 24h low) might offer some minor, short-term support.
Further Support: If the downtrend continues, look for potential support around previous lows or significant psychological levels (not clearly visible on this chart).

Risk Management:
Risk management is crucial in a downtrend. If you are currently in a long position, consider setting stop-loss orders to limit potential losses. Avoid entering new long positions until there are clear indications of a trend reversal, such as sustained breaks above resistance levels or bullish chart patterns.
Disclaimer: Trading cryptocurrencies involves substantial risk. This is not financial advice. The current price action indicates continued bearish momentum. Conduct your own thorough research and exercise extreme caution before making any trading decisions.
Stay vigilant and monitor the price action for potential signs of a bottom, but be prepared for further downside.
#Crypto #LiquidStaking #Trading #Downtrend
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Bearish
See original
#downtrend There is not a shred of hope left for crypto
#downtrend
There is not a shred of hope left for crypto
$HOOK / USDT - Navigating Choppy Waters: Watch Key Levels! 📉 $HOOK is currently trading at $0.1106, showing a slight decrease of -0.09% in the last 4 hours. The 4-hour chart reveals a continued downtrend with some signs of consolidation at these lower levels. It's crucial to observe upcoming price action for potential opportunities or further declines. Key Observations: Current Price: $0.1106 Recent Movement: Continuing its downward trajectory with minor consolidation. The price is testing the recent lows. Potential Scenario: If bearish pressure persists, we could see a further move towards the $0.1100 and potentially lower support levels. Conversely, a strong bullish impulse breaking above the immediate resistance could signal a short-term recovery. Key Levels to Watch: Immediate Resistance: $0.1120 - $0.1130 Key Support: $0.1100 (break below could lead to further downside) Potential Rebound Target (if resistance is broken): $0.1150 - $0.1160 Trading Considerations: For Potential Shorts: Consider entries on rallies towards the resistance levels with tight stop-losses above. For Potential Longs: Exercise caution and look for strong confirmation of a reversal above the resistance zone before considering entry. Risk Management: Given the strong downtrend, prioritize risk management with well-defined stop-loss orders. $HOOK/USDT remains in a bearish trend on the 4-hour timeframe. Careful observation of the key levels and price action will be essential for identifying potential trading opportunities. #HOOK #Trading #Binance #Downtrend #SupportAndResistance
$HOOK / USDT - Navigating Choppy Waters: Watch Key Levels! 📉
$HOOK is currently trading at $0.1106, showing a slight decrease of -0.09% in the last 4 hours. The 4-hour chart reveals a continued downtrend with some signs of consolidation at these lower levels. It's crucial to observe upcoming price action for potential opportunities or further declines.
Key Observations:

Current Price: $0.1106
Recent Movement: Continuing its downward trajectory with minor consolidation. The price is testing the recent lows.
Potential Scenario: If bearish pressure persists, we could see a further move towards the $0.1100 and potentially lower support levels. Conversely, a strong bullish impulse breaking above the immediate resistance could signal a short-term recovery.

Key Levels to Watch:

Immediate Resistance: $0.1120 - $0.1130
Key Support: $0.1100 (break below could lead to further downside)
Potential Rebound Target (if resistance is broken): $0.1150 - $0.1160

Trading Considerations:

For Potential Shorts: Consider entries on rallies towards the resistance levels with tight stop-losses above.
For Potential Longs: Exercise caution and look for strong confirmation of a reversal above the resistance zone before considering entry.
Risk Management: Given the strong downtrend, prioritize risk management with well-defined stop-loss orders.

$HOOK /USDT remains in a bearish trend on the 4-hour timeframe. Careful observation of the key levels and price action will be essential for identifying potential trading opportunities.
#HOOK #Trading #Binance #Downtrend #SupportAndResistance
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