#CPIWatch
š **Current Market Status**:
**Price**: 4.0276 USDC
**24h Change**: **+3.98%**
***24h High**: 4.1068
**24h Low**: 3.8116
*Volume**: 196.74M USDC
**Trend Indicator**: Price is **below the MA60 (4.0470)**, indicating slight short-term **bearish pressure** after a peak.
# š **Technical Indicators**:
š¹ Moving Averages (MA):
* **MA60** = 4.0470 ā price is slightly **below this**, suggesting some short-term **downward correction**.
* **MA(5)** vs **MA(10)**:
* MA(5): 27,322.0
* MA(10): 28,093.9
* The volume-based MAs are showing **decreasing volume**, hinting at **reduced momentum**.
#### š¹ Volume:
* Volume bars are declining after a red spike, signaling **cooling off after strong activity**.
* **Volatility is decreasing** ā market is either consolidating or preparing for the next move.
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### š **Recent Price Action**:
* The chart shows a **sharp drop**, followed by a few attempts to recover, but price remains **below resistance around 4.05**.
* Currently hovering near **support** in the **4.02 ā 4.00 zone**.
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### ā **Trade Signal Evaluation**:
#### š **Profit or Loss?**
* If you **entered after the dip (\~3.81 - 3.90)**, you're **in profit** right now.
* If you **entered near the peak (\~4.05 - 4.10)**, you may be **at a small loss**.
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### š”ļø SL/TP (Stop-Loss / Take-Profit) Suggestions:
#### š» **Stop-Loss (SL)**:
* **Conservative SL**: 3.98 (below psychological level and recent support)
* **Tight SL**: 4.00 (just below current price and round number)
# š **Take-Profit (TP)**:
* **First TP**: 4.05 (near MA60 and recent resistance)
* **Second TP**: 4.10 (previous 24h high)
* **Aggressive TP**: 4.15+
# š§ Summary:
| Aspect | Signal
| -
| Trend | Sideways/Bearish |
| Momentum | Decreasing |
| Entry Zone | \~4.00ā4.02 |
| SL Suggestion | 3.98 |
| TP Target | 4.05 ā 4.10 |
| Risk/Reward | Decent if entry < 4.02 | #BTCWhaleTracker $SUI