I've been watching $OPEN since the Binance listing, but the break below 0.20 is a warning sign. Heavy volume on June 22 tells me sellers are still in control.
Key Levels (4H) C: 0.1841 R: 0.2221 S: 0.1797
Entry: 0.2221
TP1: 0.2323 TP2: 0.2513 TP3: 0.2704
Invalidation: close below 0.1797
$OPEN broke below the 0.2013 support level on June 22, with volume spikes at 06:00, 08:00, and 12:00 UTC pushing price lower. A bearish engulfing pattern formed, and long upper shadows confirmed failed buying attempts.
The token is in a clear downtrend, and a massive cliff unlock is approaching in September 2026 when 33% of total supply will enter a 36-month linear vesting. Until then, distribution pressure remains.
What's your take on this level? I'll update once we get the close.
$ID is trading at 0.0376 after a 69.8 million token unlock hit the market on June 22. Buyers absorbed the supply without a crash, pushing price higher in the past day.
Key Levels (4H) C: 0.0376 R: 0.0409 S: 0.0298
Entry: 0.0409
TP1: 0.0417 TP2: 0.0450 TP3: 0.0500
Invalidation: close below 0.0298
$SPACE $ID unlocked roughly 69.87 million tokens on June 22, worth about $1.98 million. The token bounced from its all-time low of 0.023 on June 6, but remains far below its 1.84 peak from March 2024.
The protocol is transitioning from a domain registrar into a full-stack Web3 identity infrastructure, but supply dilution remains a risk.
What's your take on this level? I'll update once we get the close.
$RE is bleeding out after the listing hype faded. Major funds are exiting — $7.5M net outflow in 24 hours with $943M in volume — and price is rolling over hard.
Key Levels 👀 C: Price: 0.8015 R: 0.9726 S: 0.7800
Entry: 0.8015–0.8300 SL: 0.9168
TP1: 0.7800 TP2: 0.6870 TP3: 0.4573
SHORT Trigger: 4H close below 0.8015 + retest rejection
Re got listed everywhere on June 18 — Binance, Bitget, KuCoin, MEXC, Coinbase, OKX. The coordinated 26-hour rollout pumped it hard. But now the hype is dead. Price is down over 18% in 24 hours. Major funds are dumping with $7.5M net outflow. Binance also gave $RE a seed tag, meaning traders must pass a test every 90 days or get locked out — that's forced selling risk.
Breakdown below 0.8015 or rejection back above 0.9168 first — what's your move?
$LAYER vs $JTO — Solana Infra Recovery vs MEV Protocol Momentum (4H)
· $LAYER is attempting a recovery after a brutal decline from its all-time high · $JTO is riding a breakout fueled by a buyback initiative and new product announcements · Both are Solana ecosystem tokens trading at very different stages of their market cycles Current Spot: LAYER = $0.0838 | JTO = $0.6421 — which one holds the stronger structural case? Two infrastructure plays, two distinct risk profiles. LAYER's recent bounce from $0.060 to $0.098 marks its first significant upward move since the March collapse. The token is up on strong volume, but the project remains in a fragile state. Solayer's Margin Trade mainnet launch in early June added some utility, but TVL sits just above $10M, and revenue is negligible. The entire thesis relies on the yet‑unconfirmed InfiniSVM network — a hardware‑accelerated SVM chain promising massive throughput. Without a mainnet date, this remains a speculative bet on future adoption. JTO, by contrast, has real traction. Jito's MEV client processes roughly 90% of Solana's active stake, and jitoSOL holds around $2.4B in assets. The recent announcement of JTX — a self‑custody trading terminal launching next month — introduces a direct value mechanism: 80% of protocol revenue will be used for open‑market buybacks. Combined with a Bitget PoolX listing and a token buyback initiative, the market is pricing in a clearer path to tokenholder value. Both are compressed near key levels. One is a recovery play with high upside but thin fundamentals. The other is a protocol with established revenue and a defined value‑accrual model. I wait for confirmation. I don't guess. LAYERUSDT (4H) — $0.060‑$0.098 Breakout, Recovery Speculation LAYER broke above the $0.065 resistance zone that had capped upside since early June. The 4‑hour chart shows a rejection wick at $0.098, with price now holding near $0.0838. Volume surged to $28M, roughly 1.8 times the market cap. No new catalyst surfaced for today's move — it may be accumulation or bottom‑fishing. However, the token is still near its all‑time low, with only a fraction of the maximum supply in circulation, creating future dilution risk. Key Levels Resistance: $0.098 → $0.105 → $0.125 Support: $0.077 → $0.065 → $0.060 Trade Triggers Bull: 4H close > $0.098 Bear: 4H close < $0.077 Bullish Scenario Trigger: 4H close > $0.098 Entry: Retest of $0.098 holding as support Stop Loss: $0.077 Targets: $0.105 → $0.125 Bearish Scenario Trigger: 4H close < $0.077 Entry: Retest rejection of $0.077 Stop Loss: $0.098 Targets: $0.065 → $0.060 Trade here 👇 JTOUSDT (4H) — $0.55‑$0.79 Breakout, Momentum Confirmation JTO surged from $0.55 to an intraday high of $0.79 earlier this week, driven by the Bitget PoolX listing, the buyback initiative, and the JTX announcement. The token is now trading at $0.642, testing the $0.64 support zone. Volume exceeded $248M during the peak, a multiple of its recent average. The buyback mechanism introduces a recurring demand source, while the PoolX event temporarily locked a portion of circulating supply, amplifying the move. Key support rests near $0.64, with resistance at $0.70 and $0.79. Key Levels Resistance: $0.70 → $0.79 → $0.88 Support: $0.64 → $0.58 → $0.52 Trade Triggers Bull: 4H close > $0.70 Bear: 4H close < $0.64 Bullish Scenario Trigger: 4H close > $0.70 Entry: Retest of $0.70 holding as support Stop Loss: $0.64 Targets: $0.79 → $0.88 Bearish Scenario Trigger: 4H close < $0.64 Entry: Retest rejection of $0.64 Stop Loss: $0.70 Targets: $0.58 → $0.52 Trade here 👇 Final Take Both charts are approaching decision zones. LAYER reclaiming $0.098 could bring the $0.125 resistance back into play. Losing $0.077 would confirm the bounce lacks conviction. JTO reclaiming $0.70 would confirm the breakout and target the $0.79 swing high. Losing $0.64 would signal the momentum is fading. I wait for confirmation. I don't trade inside ranges. Educational only. Not financial advice. Manage risk.
$HMSTR is trading at 0.0001965, climbing higher as the Hamster Kombat ecosystem expands with a new DAO and plans for its own Layer-2 blockchain on $TON
The Hamster DAO is now live, giving token holders voting power over project decisions. A proposal to allocate 3.4% of seized tokens from Season 1 cheaters toward Hamster Network development is currently under consideration. The community also voted to build a Layer-2 blockchain on TON, expanding the ecosystem beyond the Telegram game.
What's your take on this level? I'll update once we get the close.
Short trigger: only if 4H closes under SL + retest fails (volume confirm). Risk 1-2% max.
Zcash just got a new ZEC/USDC spot pair on Binance, giving stablecoin users direct access without converting through more volatile assets. The AI-assisted Mythos security audit found no new critical vulnerabilities after the Orchard scare, and developers are now moving forward with the Ironwood upgrade. Open interest hit a record 1.09 billion dollars, with Binance alone holding 561,000 ZEC in contracts. Price has been defending the 440 level — a break above 470 could open the door toward 550. SPCX is the tokenized SpaceX stock, and Binance pre-IPO perpetual futures volume hit 5.7 billion dollars in a single day on June 12. That's more than every other exchange combined. The token is now trading around 177 after the SpaceX IPO, with daily volume still holding above 280 million USDT. Backpack Securities is handling 18.2 million in daily SPCX volume with direct redemption into actual SpaceX shares through a regulated broker. This is real institutional flow. ALICE just dropped 20% to 0.136 after touching a high of 0.203. The game token is down 99.7% from its all-time high, but relative volume is unusually high — 570 million ALICE traded in 24 hours on a 15 million dollar market cap. ALICE surged 47% in 7 days from its 0.094 all-time low before this pullback. Sharp drops after big pumps often offer the cleanest reversal setups if support holds. Which one do you think has the highest chance to run first? Drop your pick and a reason below.
$RE is trading at 0.897 after a sharp rejection from the 1.07 level. Binance listed RE on June 18 with a seed tag, but momentum faded fast.
Key Levels (4H) C: 0.897 R: 0.975 S: 0.841
Entry: 0.975
TP1: 1.076 TP2: 1.146 TP3: 1.400
Invalidation: close below 0.841
Binance listed $RE on June 18 with a seed tag, requiring users to pass a quiz every 90 days to trade it. $RE also launched on Binance Futures. Re Protocol connects stablecoin capital to the trillion-dollar reinsurance market. The token is far below its all-time high.
What's your take on this level? I'll update once we get the close.
SHORT Trigger: 4H close below 0.02712 + retest rejection
$RESOLV Labs is still healing from a $24.5M exploit back in March. They rolled out a recovery plan and teased a "Vault Street" RWA pivot, but confidence hasn't returned.
Revenue sits at zero. Over half the supply remains locked. low for a Binance-listed asset. Sellers absorbed every volume spike on June 20 without hesitation.
Breakdown below 0.02712 or rejection back to 0.02822 first — what's your move?
$TNSR vs $BEL — 78% Squeeze vs 98% Weekly Pump (1D)
· $TNSR surged 78% in 24 hours on negative funding, hitting $0.051 · $BEL pumped 98% in 7 days on AI pivot speculation, now pulling back · Both are showing extreme momentum but sitting at very different technical levels Current Spot: TNSR = $0.054 | BEL = $0.141 — which side are you waiting for? Two tokens, two completely different market structures. TNSR is riding a violent short squeeze. The funding rate hit -0.5585%, meaning shorts are paying to hold positions while price climbs. Open interest exploded 606% in one day. BEL, on the other hand, is a low-float micro-cap that surged 98% in a week on AI narrative rotation, but the rally is running on speculation, not news. Both are compressed near key levels. One is still squeezing shorts. The other is showing early signs of exhaustion. I wait for confirmation. I don't chase. TNSRUSDT (1D) — $0.028‑$0.055 Breakout, Short Squeeze Fuel TNSR exploded from $0.028 to $0.055 in a single session, with 24‑hour volume hitting $251M. The funding rate is deeply negative at -0.5585%, creating textbook short squeeze conditions. OI jumped 606% in 24 hours, showing fresh short positions entering at higher prices. The 1H RSI hit 84.5, while 4H RSI reached 89.7 — overbought but still in squeeze territory. The daily chart shows TNSR breaking above the $0.043 resistance level that had held since May. The 4H MACD histogram continues expanding, and price is holding above the upper Bollinger Band. The tension is clear: technicals are stretched, but the funding structure keeps pushing shorts to cover. Key Levels Resistance: $0.055 → $0.060 → $0.065 Support: $0.050 → $0.046 → $0.043 Trade Triggers Bull: 1D close > $0.055 Bear: 1D close < $0.050 Bullish Scenario Trigger: 1D close > $0.055 Entry: Retest of $0.055 holding as support Stop Loss: $0.050 Targets: $0.060 → $0.065 Bearish Scenario Trigger: 1D close < $0.050 Entry: Retest rejection of $0.050 Stop Loss: $0.055 Targets: $0.046 → $0.043 Trade here 👇 BELUSDT (1D) — 98% Weekly Pump, Now Testing Range Support BEL surged 98% in seven days, reaching $0.165 before pulling back to $0.141. The rally was driven by Bella Protocol's pivot to AI-driven trading infrastructure, leveraging BEL for governance and staking in the AgentFi ecosystem. The Bella Signal Bot surpassed 526,000 subscribers in Spring 2026, with the Research Bot reaching 10,474 subscribers. However, the volume spike is extreme. 24‑hour volume hit $55.7M, which is 4.5 times the entire market cap. No verified catalyst is driving this rally. Analysts attribute it to a speculative low‑float squeeze in a $12.4M micro‑cap. The token is still 98% below its all‑time high. If daily volume fades below $10M, expect a violent retrace. The daily chart shows BEL rejected at $0.185 resistance and is now testing the $0.140‑$0.141 support zone. The 1‑day structure is still in a long‑term downtrend. A hold above $0.140 could signal accumulation. A break below it would confirm the pump is over. Key Levels Resistance: $0.150 → $0.160 → $0.185 Support: $0.140 → $0.130 → $0.120 Trade Triggers Bull: 1D close > $0.150 Bear: 1D close < $0.140 Bullish Scenario Trigger: 1D close > $0.150 Entry: Retest of $0.150 holding as support Stop Loss: $0.140 Targets: $0.160 → $0.185 Bearish Scenario Trigger: 1D close < $0.140 Entry: Retest rejection of $0.140 Stop Loss: $0.150 Targets: $0.130 → $0.120 Trade here 👇 Final Take Both charts are at inflection points. TNSR breaking above $0.055 would confirm the squeeze is still running. Losing $0.050 would signal the momentum is fading. BEL reclaiming $0.150 would suggest accumulation after the pump. Breaking below $0.140 would confirm the rally was purely speculative. I wait for confirmation. I don't trade inside ranges. Educational only. Not financial advice. Manage risk.
A governance draft emerged on June 18 outlining a phased plan to slash total supply down to 64.6 billion tokens, using burn taxes, exchange participation, and staking rewards. A heavy 5.8B USDT trading surge at midday UTC pushed price under 7.0e-05, while total burned tokens now stand above 448 billion.
Will this level hold or give way? I'll check back after the daily close.
$SOL is trading at $71.78, up modestly this week, after a 121K SOL whale buy pushed price higher in hours. 🚀
Key Levels (1D) C: 71.78 R: 72.62 S: 68.72
Entry: 72.62
TP1: 75.06 TP2: 83.48 TP3: 98.41
Invalidation: close below 68.72
A whale activity reported this week includes 121K $SOL (∼$10.2M) accumulation, per Binance News. Morgan Stanley also filed amended S-1 registration statements for its spot Solana ETF (MSOL) with a 0.14% sponsor fee, the lowest in the market.
Solana Foundation signed an MoU with Korean firm Wavebridge this week to develop Web3 payment infrastructure covering stablecoin settlements, AI-driven commerce, cross-border transactions, and real-world asset tokenization.
Break $72.62 or reject at $75 again — what's your play? I'll post the daily close update. Trede 👇
$BTW hit $0.153 today, up over 100% in 24 hours with a $76M volume spike — but funding rates just hit 0.2%, and retail is chasing hard. I've seen this movie before.
SHORT Trigger: 4H close below 0.15294 + retest rejection
$BTW is a BTCFi Layer 1, and the narrative is hot. Binance listed BTWUSDT perps on June 4 with up to 10x leverage, and its Booster Season 3 reward pool keeps pulling fresh capital in. But funding rates are extremely high at 0.2%, OI jumped 154% to $106M, and the RSI is near 74 — overbought. Analysts also note the token is highly concentrated among a few holders.
Breakdown below 0.15294 or rejection back above 0.16400 first — what's your move?
$TSLAB vs $MUB — Venus Collateral News vs Range-Bound bStocks (4H)
· $TSLAB is a tokenized Tesla bStock, backed 1:1 by Tesla shares held with a regulated custodian · $MUB is a tokenized Micron Technology bStock, part of Binance's bStocks lineup · Both are trading in tight ranges after their June 11 Binance listing, awaiting the next catalyst Current Spot: TSLAB = $402 | MUB = $1,134 — which side are you waiting for? Two tokenized stocks, two different consolidation patterns. TSLAB launched on Binance on June 11 as part of the bStocks rollout, alongside MUB, CRCLB, NVDAB, and SNDKB. On June 20, Venus Protocol launched tokenized stock collateral lending on BNB Chain, allowing users to deposit TSLAB into the Venus Core Pool as collateral to borrow USDT and USDC. This marks the first time bStocks can be used as on-chain collateral, adding a new utility layer to these assets. Both assets remain inside well-defined ranges. For now, confirmation matters more than prediction. TSLABUSDT (4H) — $398-$403 Range Compression Post-Listing TSLAB has been trading in a tight range between $398 and $403 since its Binance debut. The 4-hour chart shows a flat structure with low volume. Venus Protocol's announcement on June 20 added a utility catalyst — TSLAB can now be used as collateral to borrow against. This could attract longer-term holders looking to maintain Tesla exposure while accessing liquidity. Key Levels Resistance: $403 → $409 → $417 Support: $398 → $393 → $386 Trade Triggers Bull: 4H close > $403 Bear: 4H close < $398 Bullish Scenario Trigger: 4H close > $403 Entry: Retest of $403 holding as support Stop Loss: $398 Targets: $409 → $417 Bearish Scenario Trigger: 4H close < $398 Entry: Retest rejection of $398 Stop Loss: $403 Targets: $393 → $386 Trade here 👇 MUBUSDT (4H) — $1,108-$1,149 Consolidation Zone MUB has been consolidating between $1,108 and $1,149 since its June 11 listing. The tokenized Micron Technology bStock tracks the underlying semiconductor company's performance. Like TSLAB, MUB benefits from the Venus Protocol integration, though the utility is currently limited to the TSLAB, NVDAB, and SPCXB assets. Key Levels Resistance: $1,149 → $1,156 → $1,169 Support: $1,108 → $1,056 → $1,000 Trade Triggers Bull: 4H close > $1,149 Bear: 4H close < $1,108 Bullish Scenario Trigger: 4H close > $1,149 Entry: Retest of $1,149 holding as support Stop Loss: $1,108 Targets: $1,156 → $1,169 Bearish Scenario Trigger: 4H close < $1,108 Entry: Retest rejection of $1,108 Stop Loss: $1,149 Targets: $1,056 → $1,000 Trade here 👇 Final Take Both charts are approaching decision zones. TSLAB reclaiming $403 could bring the $409 swing high back into focus. $MUB breaking above $1,149 would confirm accumulation is complete. I wait for confirmation. I don't trade inside ranges. Educational only. Not financial advice. Manage risk.
Short trigger: only if 4H closes under SL + retest fails (volume confirm). Risk 1-2% max.
HYPE whales accumulated over 17 million dollars worth of the token on June 19 after the price dipped. Total long liquidations reached 1.65 million while shorts only saw 116k — meaning the dip was mostly long holders getting washed out, not fresh selling pressure. Active addresses dropped from 3,300 to 1,650, but the token still tops the popularity charts.
SPCX futures daily trading volume crossed 800 million USDT on MEXC on June 19. Backpack Securities is now handling 18.2 million in daily SPCX token volume with 24/7 liquidity and direct redemption into actual SpaceX shares through a regulated broker. The tokenized SpaceX stock on Solana just hit a record 285,971 addresses.
OpenAI is reportedly adding Citigroup and JPMorgan to its IPO underwriting team alongside Goldman Sachs and Morgan Stanley. The company also opened a new office in Madrid as part of its European expansion. A major talent move just happened — Noam Shazeer, co-lead of Google's Gemini AI, left Google to join OpenAI.
🚨.....$RARE SURGES😈NFT SECTOR ROTATION OR JUST A DEAD CAT BOUNCE?....📈
$RARE pumped 33% in 24 hours, hitting $0.0177 as NFT tokens caught a sudden bid.
Key Levels (4H) C: 0.0167 R: 0.0177 S: 0.0123
Entry: 0.0177
TP1: 0.0180 TP2: 0.0200 TP3: 0.0250
Invalidation: close below 0.0123
RARE is the top NFT gainer on Binance today. The NFT sector has been showing signs of a recovery rotation, with multiple art‑focused tokens seeing renewed interest over the past few sessions. However, $RARE previously faced a $731,000 exploit on its staking contract, and the token remains far from its historical highs. The current move appears driven more by sector rotation than by any specific platform upgrade or partnership announcement.
What's your take on this level? I'll update once we get the close.
🚨....... $BICO UP 86% IN 24H – SUPPLY SQUEEZE OR REAL BREAKOUT?.......🚨
$BICO exploded 86% in 24 hours, hitting $0.0374 as sellers got caught off guard.
Key Levels (1W) C: 0.0347 R: 0.0373 S: 0.0235
Entry: 0.0373
TP1: 0.0450 TP2: 0.0600 TP3: 0.0800
Invalidation: close below 0.0235
BICO is the top gainer on Binance, with price holding near the 24H high at 0.03741. A top market maker accumulated 6% of circulating supply around 0.018, and BICO's partner announced a US compliant payment channel. Jump Capital, Borderless Capital, and Consensys Ventures recently invested in Biconomy. However, team wallets unstaked 90M $BICO and deposited them to Gate.io near local peaks, and exchange balances are up 30%. RSI at 87.5 is extremely overbought.
What's your take on this level? I'll update once we get the close.
SHORT Trigger: 4H close below 0.7476 + retest rejection
$RE launched across Binance (spot + 1–50x perp), MEXC, KuCoin, Coinbase, and OKX in one coordinated 26-hour rollout on June 18. Upbit and Bithumb listed on June 19 for KRW trading. Now that the listing frenzy is cooling, price is rolling over.
Breakdown below 0.7476 or rejection back to 0.8476 first — what's your move?
$RE vs $2Z — 1,500% Launch Day vs Solana Fiber Network (4H)
· $RE launched across 12 exchanges in 26 hours, touched $0.85, then crashed 50% · $2Z is building a physical fiber network for Solana, trading near range lows · One is a brand-new token finding its floor. The other is an infrastructure play waiting for adoption. Current Spot: RE = $0.81 | 2Z = $0.071 — which side are you waiting for? Two very different stages of market life. RE is a decentralized reinsurance protocol that connects stablecoin capital to the trillion‑dollar reinsurance market. It launched on June 18 across Binance, Coinbase, OKX, KuCoin, MEXC, and Bithumb — one of the most coordinated multi‑exchange rollouts this year. Bithumb added a KRW pair on June 19, opening direct fiat access for Korean traders. 2Z is DoubleZero, a physical infrastructure network using dedicated fiber optic lines to reduce latency and improve connectivity for blockchains. It's backed by the Solana ecosystem and led by former Solana Foundation members. The token is used to pay for network access and reward contributors. RE is finding its footing after a violent launch. 2Z is consolidating after its initial hype faded. Both are compressed inside clear ranges. I wait for a clean 4H close. I don't guess. REUSDT (4H) — $0.80‑$0.85 Post‑Listing Compression RE launched at $0.05, spiked to an all‑time high of $0.85 within hours, then collapsed to $0.39 before bouncing back to $0.81. The 4‑hour chart shows a long upper wick at $0.85, followed by heavy selling. Open Interest exploded from $1.2M to $17.5M in 24 hours, signaling intense speculative interest. Bithumb's KRW listing on June 19 added fresh liquidity. Despite the volatility, the underlying protocol has real traction: over $500M in premiums written across 35+ insurance companies, covering 700,000+ policyholders. The Resilience Foundation backs the project, giving it more substance than a typical launch token. Key Levels Resistance: $0.85 → $0.95 → $1.05 Support: $0.75 → $0.65 → $0.55 Trade Triggers Bull: 4H close > $0.85 Bear: 4H close < $0.75 Bullish Scenario Trigger: 4H close > $0.85 Entry: Retest of $0.85 holding as support Stop Loss: $0.75 Targets: $0.95 → $1.05 Bearish Scenario Trigger: 4H close < $0.75 Entry: Retest rejection of $0.75 Stop Loss: $0.85 Targets: $0.65 → $0.55 Trade here 👇 2ZUSDT (4H) — $0.068‑$0.079 Range Compression 2Z has been trading in a tight range between $0.068 and $0.079 for several sessions. The 4‑hour chart shows a flat structure with low volume. Bollinger Bands are compressing: upper at $0.0743, middle at $0.0708, lower at $0.0672. RSI sits near 45, indicating neutral momentum. The project has real infrastructure backing — a physical fiber network designed to improve blockchain connectivity. But adoption is still early. A token unlock of approximately $13M worth of 2Z occurred on June 2, adding supply pressure. The token is currently oscillating between $0.088 support and $0.095 resistance on higher timeframes, but the 4H range is tighter. Key Levels Resistance: $0.079 → $0.085 → $0.090 Support: $0.068 → $0.065 → $0.060 Trade Triggers Bull: 4H close > $0.079 Bear: 4H close < $0.068 Bullish Scenario Trigger: 4H close > $0.079 Entry: Retest of $0.079 holding as support Stop Loss: $0.072 Targets: $0.085 → $0.090 Bearish Scenario Trigger: 4H close < $0.068 Entry: Retest rejection of $0.068 Stop Loss: $0.075 Targets: $0.065 → $0.060 Trade here 👇 Final Take Both charts are approaching decision zones. RE reclaiming $0.85 could bring the all‑time high back into focus. Breaking below $0.75 would confirm the launch hype has fully faded. 2Z breaking above $0.079 would signal accumulation is complete. Losing $0.068 would extend the downtrend toward $0.060. I wait for confirmation. I don't trade inside ranges. Educational only. Not financial advice. Manage risk. #RE #2Z #SpotTrading #TechnicalAnalysis #DePIN
Proposal 11958 to burn 8.11M USTC directly from the community pool was officially rejected. Top validators including Interstellar Lounge, JesusisLord, and Lunanauts voted No, arguing funds should be used for development and liquidity support rather than burns. The community pool still holds 3.61B $LUNC and 8.11M USTC, enough to cover on-chain activities. This marks the third USTC burn proposal to fail — the community is prioritizing ecosystem growth over supply reduction.
What's your take on this level? I'll update once we get the close.
$SUI processed $650 billion in gasless stable coin transfers in seven days, but price rejected at $0.80. I've been burned by narrative pumps before; not chasing without structure.
Key Levels (4H) C: 0.7184 R: 0.7985 S: 0.7074
Entry: 0.7985
TP1: 0.8287 TP2: 0.8500 TP3: 0.9000
Invalidation: close below 0.7074
$SUI processed nearly $650 billion in zero‑gas stable coin transactions between June 10 and June 17, following a protocol upgrade that removed the requirement to hold SUI for stable coin transfers. Remi Technology deployed regulated settlement rails for bank‑issued stable coins on June 16, while Haedal restarted its vaults on June 18 after a liquidity incident. Mysten Labs also unveiled a decade‑long roadmap positioning $SUI as infrastructure for AI and global finance. Despite the bullish headlines, price is still compressing.
What's your take on this level? I'll update once we get the close.