$TUT Faces Rejection at $0.0285 — Short Trade in Play
{spot}(TUTUSDT)
After an impressive breakout spike, TUT/USDT is now consolidating under a key resistance zone near $0.0285. Price action is forming a range, failing to break higher and showing potential for a bearish move.
24H High / Low:
High: 0.02849
Low: 0.02484
Volume: Increasing on initial rally, now flattening
1H Chart Analysis: Multiple wicks into resistance, lower highs forming, potential breakdown from current support zone.
Short Trade Plan:
Entry Zone: 0.02735
Final Target: 0.02484
Stop Loss: 0.02849
Why This Setup Makes Sense: Strong supply at $0.0285, with failure to reclaim. Compression under resistance signals possible downside resolution.
Risk Strategy: Consider partial TP at 0.02580, adjust SL if breakdown confirms.
Take short trade here on $TUT
#TUTUSDT #ShortSignal #BearishSetup #CryptoTrading #BinanceChart
EXPERIENCE WILL TEACH YOU A BIG LESSON AS A TRADER IF YOU FAIL TO UNDERSTAND THIS!
Here are key things a crypto trader should know:
Market Fundamentals:
1. Volatility: Cryptocurrency markets can be highly volatile.
2. Liquidity: Understand the liquidity of assets you're trading.
3. Market Sentiment: Monitor market sentiment and trends.
Technical Analysis:
1. Chart Patterns: Familiarize yourself with chart patterns (e.g., trends, reversals).
2. Indicators: Use technical indicators (e.g., RSI, MACD, moving averages).
Risk Management:
1. Position Sizing: Manage position sizes to limit potential losses.
2. Stop-Loss Orders: Set stop-loss orders to mitigate risk.
3. Diversification: Diversify your portfolio to minimize risk.
Security and Safety:
1. Secure Exchanges: Choose reputable and secure exchanges.
2. Wallet Security: Use secure wallets (e.g., hardware wallets).
3. Phishing Protection: Be cautious of phishing attempts.
Regulatory Awareness:
1. Regulatory Changes: Stay updated on regulatory changes.
2. Tax Implications: Understand tax implications of crypto trading.
Trading Strategies:
1. Day Trading: Understand day trading strategies (e.g., scalping).
2. Swing Trading: Familiarize yourself with swing trading strategies.
3. Long-Term Holding: Consider long-term holding strategies.
Continuous Learning:
1. Market Updates: Stay informed about market news and updates.
2. Education: Continuously educate yourself on trading strategies and market analysis.
By understanding these key aspects, crypto traders can make more informed decisions and navigate the complex cryptocurrency market .
Inflation Fears Are Back in Full Force
In April, 1-year inflation expectations soared to 6.7% — the highest level since November 1981. That’s a massive 1.7% jump in just one month, and the 4th straight month inflation expectations have climbed by at least 0.5%.
Since November 2024, short-term inflation expectations have surged by 4.1 percentage points.
Even 5-year #Inflation expectations ticked up by 0.3%, hitting 4.4% — the highest since June 1991.
Meanwhile, consumer sentiment has plummeted to its second-lowest reading ever.
Stagflation concerns are growing fast as Americans brace for tough economic times.
#BinanceLaunchpoolINIT @wisegbevecryptonews9
New analytics 🔎
💵 $BNB /USDT - 1D TimeFrame
Let me remind you that ➡️ I recommended to start buying the asset back at $520.2. After just a few weeks #bnb successfully reached this mark, thus completing the formation of the corrective ABCDE triangle ✔️.
At the moment, the movement of the asset is within the 5th wave 📈, the end of which I expect to see no lower than $1,000! But it is important to note that this mark is only the 1st growth target 🎯, because taking into account the strength of the uptrend, we may well count on reaching the zone 1-1.272 ($1,809-$2,559) by #Fibonacci 🚀 — That's why I highly recommend to buy BNB right now, and if you have already done it, I advise you to increase your position!
All the best ❤️ @wisegbevecryptonews9
Buy and Trade $BNB
{future}(BNBUSDT)
#TrumpVsPowell
$TRUMP ’s Wild Ride Can It Reclaim $77 or Is the Rally Over❓After its explosive run to $77, $TRUMP is now consolidating near $8, leaving thousands of holders stuck at the top and hoping for a second breakout. The weekly chart reflects extreme volatility, with a drop of over 85%, yet recent price stability above the $7.14 support is giving a flicker of hope.
So, can $TRUMP make a comeback?
Here’s what needs to happen:
Short-Term Target: A breakout above $9.50 could trigger a mini-rally toward $12.00, and possibly $16.00 if meme coin hype kicks in again.
Mid-Term Catalyst: Any confirmed news of high-profile involvement like the rumored Trump dinner could fuel social media attention and bring in fresh buyers.
Volume Surge: Current volume is moderate. For any significant push, it must break above $25M+ daily volume to show real momentum.
Key Resistance Zones: $12.70, $18.50, and $24.00 are major walls before we even talk about $77 again.
Final Word:
Yes, $77 is technically possible, but only if backed by a powerful narrative, major exchange pushes, and another meme-fueled mania. For now, eyes should be on reclaiming $12–$16 levels before even dreaming bigger.
{spot}(TRUMPUSDT)