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US CPI YoY comes in cooler than expected ! 😌
Actual: 2.3%
Forecast: 2.4%
Previous: 2.4%
Inflation is easing — markets might love this.
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$NEAR – Falling Wedge on the 15-min Chart A falling wedge has formed on $NEAR’s 15-minute timeframe – a classic bullish reversal setup. Price is squeezing into a tight range, suggesting momentum is building for a breakout. Key Takeaways: Pattern: Falling wedge (bullish) Support zone: ~$3.00 Breakout confirmation: Close above $3.15–$3.18 range Potential upside: Retest of $3.30+ if breakout holds This setup favors bulls if volume steps in. Keep it on your radar – breakout traders could find this a low-risk opportunity with solid risk-reward potential.
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$SUI – Elliott Wave Breakdown & Key Retracement Levels $SUI just completed a clean 5-wave impulsive rally, peaking around $4.20. This move suggests strong bullish momentum, but also signals that a corrective ABC wave could be underway. Here’s the breakdown: Impulse wave (1 to 5) launched from sub-$3.00 and peaked at ~$4.20. Now entering a corrective phase, typically unfolding as an ABC structure in Elliott Wave Theory. Based on Fibonacci projections for wave (c), here are key levels to watch: 0.618 Fib: $3.6880 – a mild correction, often seen in strong uptrends. 1.0 Fib: $3.5005 – represents equal length from wave (a), a common ABC completion. 1.618 Fib: $3.1971 – deeper correction if sellers gain control. We’re likely to see a short-term pullback. But if price reacts positively at any of these levels (especially $3.50–$3.20), it could set the stage for the next leg up. Watch these zones for confirmation before positioning. A bounce with volume = potential long. Breakdown below $3.20 = caution.
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$ACT Bearish Flag – Breakdown Watch! #ACT is forming a bearish flag on the 12Hr chart after a steep drop in early April. Here’s what stands out ✨️ Sharp impulsive move down, followed by a slanted consolidation zone Price is now approaching the top of the flag near $0.09 If it fails to break above, the pattern suggests a potential continuation move to the downside Key levels to monitor 👀 Resistance: $0.089–$0.093 Breakdown support: ~$0.072 Confirmation zone: If price breaks below flag support, it could revisit April lows near $0.045–$0.05 Pattern still developing, but caution is advised if you’re bullish here.
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$TOSHI – Wave 5 Peak In Sight 👀 #TOSHI has just completed a Elliott Wave 5 move on the 3H chart — and it’s flashing signs of a potential local top at 0.0009942. Here’s the wave-by-wave breakdown: Wave (1) kicked off the trend Wave (2) retraced smoothly before a powerful impulse in Wave (3) Wave (4) formed a healthy base — tight consolidation Wave (5) extended to the 1.707 Fib projection — signaling exhaustion may be near What’s next? - Watch retracement levels: 0.382 Fib: 0.0008432 0.5 Fib: 0.0007966 0.618 Fib: 0.0007499 If support holds at those zones, bulls could regroup. If not, we might be heading into a deeper correction (Wave A of ABC). Stay alert — smart money watches these wave ends closely.
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$MOODENG – Elliott Wave Structure Unfolding! MOODENG is making a classic Elliott Wave pattern on the 45-minute chart, and it looks like we’re entering a potentially explosive wave (5). Here’s a breakdown: Wave (1) began the trend with a modest push, followed by a deeper wave (2) correction—healthy consolidation. A strong impulsive rally formed wave (3), often the most powerful in Elliott Wave theory. We’re currently at the tail end of wave (4)—a tight, sideways flag with diminishing volume, hinting at a coiled setup. Now comes the exciting part: Wave (5) projection levels: 0.3082 – 0.618 Fibonacci extension 0.3541 – Full 1.0 extension 0.4283 – 1.618 “golden” target (if momentum surges) Key Takeaway: If price breaks above the recent high with volume, it could confirm wave (5) ignition. With Fibonacci confluence and wave symmetry aligned, bulls may be eyeing higher zones fast. Stay alert—wave (5) moves can be swift and sentiment-driven.
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