The ISM Business Production index has collapsed to recession | Crypto Man MAB on Binance Square

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The ISM Business Production index has collapsed to recessionary levels.
2-year yields are wildly misaligned with economic fundamentals and probably need to be cut in half to reflect the current state of the economy.

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Bittensor $TAO Struggles at $380 Resistance, Trades Around $366 #Bittensor faced stiff resistance near the $380 mark, stalling its recent rally as bulls lost momentum. The past week has been marked by volatility and price swings, with TAO repeatedly attempting to push higher but failing to sustain gains. 📉 Early Week Pullback: TAO began the week under pressure but rebounded 8% on Tuesday to hit $338. Gains were short-lived as it slipped to $336 on Wednesday, before bouncing back to $358 on Thursday. 📉 Weekend Dip & Rebound: Bearish sentiment returned Friday and Saturday, with TAO falling to $349. A 3.36% Sunday bounce pushed the price back to $360. 📈 Midweek Action: Monday saw #TAO rally nearly 5% to $376, but it dropped over 3% to $366 on Tuesday. On Wednesday, it briefly plunged to $335, before recovering to $354. 📊 Current Outlook: TAO tested $375 on Thursday, but couldn’t hold gains, ending at $358. The current session has the coin up 2%, trading around $366 as bulls try to regain control. TAO remains in a volatile zone, and a strong break above $380 is needed to confirm continued bullish momentum.

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Celestia $TIA Turns Bearish After Rejection at $3 Resistance Celestia’s bullish momentum has faded after failing to break above the critical $3 resistance and 50-day SMA. This rejection triggered a shift in market sentiment, allowing sellers to regain control and push the price toward key support levels. 📉 Recent Price Action Recap: TIA climbed steadily early last week, rising from $2.56 to $2.86 by Thursday. Despite brief gains, TIA stalled near $2.87 and failed to push higher. Over the weekend, price fluctuations continued, with a Saturday gain of 2.48% wiped out by a 2.46% drop on Sunday, settling again at $2.87. 📊 This Week’s Performance: Monday saw a brief rebound to $2.92, but bears returned on Tuesday with a 7% drop to $2.73. The decline continued midweek, with #TIA slipping to $2.68 on Wednesday. Thursday’s recovery attempt to $2.78 was short-lived, as the price dropped nearly 2% to $2.63. In the current session, TIA is trading at $2.60, breaking below the 20-day SMA, a sign of growing bearish pressure. Unless TIA can reclaim the $2.80–$3 zone, further downside remains likely, with traders watching for support near $2.50. #Celestia #AltcoinETFsPostponed

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