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#Planet USDT Breakdown After Wedge, Base Forming for Relief Rally
Following its initial post-listing rally, PLANETUSDT concluded its impulsive ascent within a #BEARISH📉 rising wedge formation, a classical exhaustion pattern. The subsequent breakdown triggered a steep decline, extending well around the 200% Fibonacci extension level, reflecting a structurally violent markdown phase. This collapse established a new low before price found equilibrium within a clearly defined immediate demand zone.
Current price action suggests a potential bottoming structure, with the asset attempting to base and consolidate within this demand region. Should buyers maintain control and price manage a sustained breakout above the descending channel resistance, a corrective leg to the upside becomes increasingly likely.
The short- to mid-term recovery target is situated near the 0.0000090901 level, which coincides with the broader critical supply zone—a region marked by previous heavy distribution. This area is expected to attract significant selling pressure, presenting a likely inflection point for a renewed bearish phase or potential macro rejection.
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🎰 The #crypto market has officially entered "degen mode", as #memecoin chatter just hit a new 2025 high, outshining even Bitcoin in online buzz, according to Santiment.
Pump.Fun’s trading volume went from $1.7B in March to $11B in April. That’s not a chart — that’s a meme-fueled rocket 🚀
Meanwhile, Bitcoin’s trying to stay classy with a modest 7% gain... and memecoins are out here doing backflips off the moon.🌛👀
📍 Entry: 0.18200 🎯 Targets: 0.19000, 0.20000, 0.21000 🛑 Stop-Loss: Any 30-min candle close below 0.179000 🔻 *Last support zone at 0.178000* for Risk Takers Only
We're trying to keep the stop-loss tight to minimize risk — ideal for wider participation. Small traders can book profits at any target as per their comfort. Let's ride this momentum!
📍 Entry: 0.18200 🎯 Targets: 0.19000, 0.20000, 0.21000 🛑 Stop-Loss: Any 30-min candle close below 0.179000 🔻 *Last support zone at 0.178000* for Risk Takers Only
We're trying to keep the stop-loss tight to minimize risk — ideal for wider participation. Small traders can book profits at any target as per their comfort. Let's ride this momentum!
💃 Melania team be like: “Buy high, dump fast, disappear faster.”
According to Arkham, the masterminds behind #Melania just cashed out another cool $1M — yanked from Meteora liquidity pools and slipped into a fresh wallet. 🕵️♂️
Previously, they pulled a similar stunt: slow-dumped via Jupiter DCA, then beamed the $SOL profits straight to MEXC.
It’s not a #memecoin anymore. It’s a get-rich-quick coin — just not for holders. 🤷
While the #TerraLunaClassic price surge is fueled by positive sentiment and on-chain improvements, sustainability depends on trading volume, continued burns, and staking support. Binance’s upcoming monthly burn will be a key short-term event. If the volume spikes and the token burn crosses expectations, it could inject fresh bullish energy into the market. On the other hand, a drop in volume or weaker staking growth could stall the rally. Macro market conditions, Bitcoin’s movement, and investor appetite for high-risk altcoins will also play a role in where #LUNC heads next. The setup looks promising for now, but caution remains key as crypto markets can turn fast.
Terra Luna Classic Bullish Price Doesn’t Stop Here All things considered, the Terra Luna Classic price surge isn’t just a flash in the pan. The fundamentals are lining up with more than 408 billion tokens burned and the 410 billion mark around the corner, along with a steadily growing staking base. The bullish breakout above key resistance levels, combined with momentum on the technical chart, suggests that #LUNC✅ Token Burn could be gearing up for another leg higher. While risks always exist, especially in volatile crypto markets, Terra Luna Classic has reignited investor interest. If the 410 billion token burn hits on time, it might just be the catalyst that sends it soaring further.
From a technical standpoint, the #TerraLunaClassic price surge has broken past a descending trendline that had acted as resistance since January. This breakout invalidates a previously forming descending triangle pattern, often seen as a bearish indicator. What makes the breakout even more convincing is that the $LUNC Bullish Chart is now trading above its 50-day moving average. Momentum indicators like the MACD and the Awesome Oscillator are both in #bullish territory, with the #MACD crossing above the zero line, a strong signal of continued buying pressure. The nearest significant resistance now lies around $0.0001. If the current momentum holds, reaching this level would mean another 60% gain from the current price.
One of the major catalysts behind the recent #TerraLunaClassic price surge is its aggressive burn activity. Over the last seven days, the network has burned over 205 million tokens. Since the introduction of the burn mechanism in May 2022, over 408 billion tokens have been taken out of circulation. This consistent #LUNC token burn is having a real effect on supply dynamics. Through its monthly burning of 50% of LUNC spot and margin trading fees, Binance has removed over 72 billion tokens from the system. Last month, it burned 521.9 million tokens, slightly down from 760 million in March; still, the cumulative impact remains highly significant.
How Important Is Staking in LUNC’s #bullish Case? While burns are reducing the circulating supply, staking is playing a growing role in LUNC Bullish Chart’s long-term appeal. Over 1.038 trillion LUNC tokens, nearly 15% of the total circulating supply, are staked on the network. To put that into perspective, the staking ratio was 13% a year ago. This rising participation from long-term holders reflects more substantial confidence in the network and further limits available liquidity for trading, which can enhance upward price movement. The combined effects of high staking and rapid token burn reinforce Terra Luna Classic’s bullish chart outlook and lend weight to the current momentum.
🌖 Terra Luna Classic Price Surged to $0.00006490: A 40% Gain Driven by 410 Billion Token Burn
The #TerraLunaClassic price surge is grabbing attention again. After a period of consolidation and bearish pressure, $LUNC has surprised the market by rallying sharply, breaking a key resistance level that had capped its upside for weeks. #LUNC has risen to $0.00006522, marking its highest price level since late March. That represents a nearly 40% increase from its lowest price point this year. This strong move isn’t just a technical bounce; it comes when Terra Luna Classic is inching toward two significant milestones that could shape its long-term trajectory: an upcoming 410 billion token burn and a growing staking ratio.