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News đš US House officially passes crypto Clarity Act.
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Trading will make you cry. It will make you want to give up. It will make you question yourself. It will leave you feeling like a dumbass. On top of that, it will cost you money, time, effort, focus, friendships, sacrifices. But you know, You cannot learn about yourself without going through pain.
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$PENGU down 10% from there and still struggling to break that supply zone.
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Binance recently listed $ERA token via its BNB Hodler program and here is everything you may want to know about the project. **What is caldera? ** Caldera is the internet of rollups - an ecosystem of modular, interconnected, and customizable chains. ** ERA Token Utility ** Era utility will include the following: đž Universal Cross-chain Gas: ERA will be used as the payment mechanism for cross-chain transaction relays. đžNetwork governance: ERA holders will be responsible for governing changes to the underlying protocol, including technical upgrades, fee mechanisms and DAO treasury spend đžStaking: ERA tokens will be used to secure the network. In the future, ERA can be used as a staking token for sub-networks. đžERA will also be used as a social coordination tool to further unite rollups to bootstrap their networks to achieve success in their earliest stages ** Caldera Existing Products ** Caldera combines two products: đžThe rollup engine, enabling any amount of performant new chains to be created quickly The Caldera Rollup engine now secures $1B+ in total value and has processed 550M+ transactions across 17M+ unique addresses. This growth underscores Calderaâs ability to handle real-world demand while maintaining reliability and efficiency. đžThe metalayer, an all-purpose full-stack interoperability solution that makes it possible to interact across chains. it is designed to revolutionize how rollups interact with other chains, the Metalayer provides a seamless, secure, and efficient platform for cross-chain operations. ** Era Tokenomics ** Token Name: Caldera (ERA) Genesis Total Token Supply: 1,000,000,000 ERA Max Token Supply: 1,000,000,000 ERA Circulating Supply 148,500,000 ERA (14.85% of total token supply) Read More indepth analysis of $ERA Token Here đ Deep Dive Into ERA
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Looking to play this move next week if the market gives. Won't be taking BTC trade but will take that opportunity to buy Altcoins.
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Here is how you can plan your trade setups or you can also call it different trade strategies. Plan 1: Sharp move up and Reversal/Pullback How it looks like? A sharp rally followed by a sudden spike and then a steep drop. How it happens? âą FOMO buying pushes price rapidly up. âą Smart money sells into that strength. âą Price quickly reverses and breaks below support. â How to trade? âą Avoid buying the spike. âą Look for price to return to previous demand/support levels. Plan 2: Consolidation then Breakout What it looks like? A strong move up, then sideways or consolidation, followed by a breakout. Why that happens? âą Market is cooling off and accumulating. âą Buyers and sellers shakeout within the range. âą Breakout suggests fresh buying momentum. How to trade? âą Watch for breakout from the consolidation zone. âą Buy the breakout or the retest. This Ideal setup for trend continuation trades. Plan 3: Breakout and Retest What it looks like? Price breaks above resistance, pulls back, and retests the breakout level. How that happens? âą Initial breakout occurs. âą Traders take profit, causing a pullback. âą Buyers defend the breakout level (new support). How to trade? âą Buy the successful retest (when price holds above previous resistance). âą Safer than buying the breakout itself. âą Often leads to a strong continuation. Good luck & Keep Learning
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