LG Electronics jumped 12.82% today after its chairman reportedly planned to meet Nvidia’s CEO. Samsung EM gained over 13% intraday – Morgan Stanley named it a top pick. NAVER climbed 6% but still faces overhang from a delayed merger. Hanmi Semiconductor and Zhongji Innolight are also riding the broader chip sector strength.
KODEX200 tracks the KOSPI 200, which rose 1.36% today. Korean retail investors bought heavily into that ETF over the past few days.
One heads-up: New contracts often have thin order books at launch. Slippage can be wider than usual. If you plan to trade, start light and watch the depth first.
Watching this compression zone 📊 The rejection at 0.0064 was swift, but buyers held above 0.0053—these tight ranges often explode when liquidity builds on one side.
$AKE Rallied hard from 0.0039 to 0.0064, but the rejection at the high was sharp. 24-hour volume topped 260M USDT, yet open interest is cooling as traders wait for the next catalyst. The 0.0053 zone attracted bids, but resistance near 0.0064 remains the key level to break.
If buyers defend this area, a retest of the recent high and beyond stays in play. If support gives way, the next meaningful level sits near 0.005, where fresh bids could step back in.
Are you positioned for a breakout or expecting a retrace first?
AI Agent Narrative Meets Exchange Listing — PROM's Explosive Move
If you are looking at crypto Twitter right now, you can probably see $PROM everywhere. The token has been one of the most talked-about names in the past 24 hours, and the chart is reflecting that attention. Let us break down what is actually happening here and why these levels matter. A Strategy Shift That Caught the Market's Attention $PROM is not a new project. It has been around for years, but what changed recently is the narrative. On March 27, 2026, the project announced its third strategic pivot — moving away from being a zkEVM Layer 2 infrastructure and repositioning itself as an AI Agent economy layer. This is not just a rebrand. The project introduced an Agent-to-Agent (A2A) verification network designed to handle validation, consensus, and dispute resolution between on-chain AI agents. Following this pivot, PROM established partnerships with UXLINK, Pundi AI, and ExpandZK. Current Market Behavior The price action has been aggressive. PROM is trading near $2.59 to $2.80, with the token up roughly 40% in 24 hours and over 70% in the past week. The move has been fueled by a massive surge in trading volume — 24-hour volume spiked more than 200% to over $100 million, exceeding the token's own market cap. Two catalysts appear to be driving this: the Upbit listing on August 12, which added PROM/KRW and PROM/USDT trading pairs, and the broader market rotation into AI Agent narratives. The Structure to Watch The chart shows a strong upward impulse, with price now trading near the $2.59 level after touching highs above $3.00. Resistance is visible around the $3.00-$3.33 area, where the token recently rejected. Support sits near $2.80, followed by the $2.50 zone. Where Confirmation Builds For the current structure to hold, price needs to maintain support above the $2.50-$2.60 zone. A successful hold here would keep the bullish structure intact and suggest that the recent breakout is being absorbed by the market. A reclaim of the $3.00-$3.33 area would signal that buying pressure remains strong. What Weakens the Setup The rally appears largely driven by speculative momentum and leveraged trading, with futures volume roughly 12 times higher than spot volume. While the narrative is compelling, the underlying Prom zkEVM chain shows minimal activity — total value locked sits at roughly $570,000, with only two dApps running. Concentration risk is also high, with the top 100 wallets controlling 97.2% of the supply. The Area in Focus The main zone to watch is $2.50-$2.80. Holding above this range keeps the recent momentum intact. A break below $2.50 would likely shift attention toward the $2.00 area, where previous demand stepped in. On the upside, a clean reclaim of $3.00 would suggest the market is continuing to absorb the recent move. Risk Context The setup is driven by a strong narrative and exchange listing, but the underlying fundamentals are still thin. This type of momentum can extend further, but it also carries higher volatility risk. Letting the market confirm the next move before adding exposure is often the more disciplined approach. $PROM is trading near a key level right now. Are you watching for a reclaim of $3.00 or a breakdown below $2.50?
The kind of volume that just hit ATM usually leaves a mark, and watching this 30% rally unfold on the back of pure spot buying is a reminder that football season brings a different kind of liquidity to these fan tokens.
Volume tells you more than price here — 2.57M ATM traded in a day is significant for this token.
The rally from 1.500 to 2.050 came with a 782% surge in volume, according to Binance data. This coincides with the start of the European football season and multiple exchange listings — WEEX added $ATM perpetuals on August 2, Bitget launched a 30,000 USDT fan token campaign, and LBank introduced perpetual trading for ATM on July 9. The Chiliz ecosystem tends to see seasonal inflows around match schedules and club momentum.
The 2.050 resistance is the immediate hurdle. If buyers hold above 1.958, a retest of 2.050 is likely. Losing the accumulation zone could send it back toward 1.663. With the new football season kicking off, fan tokens tend to attract speculative interest, but the volatility cuts both ways.
Are you riding this momentum or waiting for a pullback first?
Fresh catalyst hitting the tape 🚨 The Binance listing went live at 10:15 UTC yesterday, bringing 20x leverage and fresh liquidity into this Samsung 2x leveraged product.
Binance listed CSOPSAMSUNG2LUSDT perpetuals on August 11 at 10:15 UTC with up to 20x leverage. The underlying CSOP Samsung 2x leveraged product (HKEX:7747) tracks Samsung Electronics daily performance at 2x. Gate.io followed with its own listing today.
Samsung Electronics surged over 7% to 258,250 won as KOSPI triggered its 23rd sidecar of the year, driven by foreign buying of 2.12 trillion won. The CSOP leveraged product rose 14.50% to 75.400 HKD on the rally. The rejection at 10.57 was clean, but price is holding above the mid-range. If buyers defend this zone, a retest of the recent high stays in play. If it breaks, the next support sits near 10.14.
Are you leaning into the breakout or waiting for a pullback?
Fresh catalyst hitting the tape 📈 Upbit listing went live at 12:30 KST, bringing fresh KRW and USDT demand into the order book and pushing PROM toward the 3.60 handle before the first real pullback.
Upbit listed $PROM today at 12:30 PM KST, adding Korean Won and USDT trading pairs. The token surged on the news, with 24-hour volume reaching $24M. The rejection at 3.627 was clean, but price is holding above the mid-range, and large holders added $696K to their positions in the past 24 hours.
If buyers defend this zone, a retest of the recent high and beyond stays in play. If support gives way, the next area of interest sits near 2.97, where bids could step back in.
Are you leaning into the breakout or waiting for a pullback?
$LUNC is trading near $0.000051 after rejecting the $0.000054 level. The current structure shows price pulling back from a recent swing high, with the market now testing whether buyers will defend the current area or allow further downside. Price has been in a compression phase, with the visible structure showing a clear rejection from the $0.000054 area. The token is now trading near $0.000051, with resistance visible at $0.00005188 and support forming near the $0.00005040 low. The broader structure remains under pressure as long as price stays below the recent rejection zone. The $0.00005040-$0.00005100 zone is the main area to watch right now. This region has been holding as near-term demand during the current pullback. Holding above $0.00005040 keeps the structure intact, while a break below would open the door toward the $0.00004921 area. A reclaim of $0.00005188 would suggest the market is absorbing the recent selling pressure. If support holds and price reclaims $0.00005188, the structure could improve and the $0.00005321 zone would come into focus. If support fails and price breaks below $0.00005040, the next area of interest sits near $0.00004921, where the chart previously showed demand. The reaction at these levels will likely determine the next short-term direction. The setup remains in a waiting phase, with the lower boundary currently being tested. Are you watching for a reclaim of $0.00005188 or a breakdown below $0.00005040?
The market just handed Lunc its biggest burn upgrade in months, and price barely blinked — that kind of apathy after a major catalyst is usually a sign that something else is quietly building beneath the surface.
Volume spiked to 97B — that's the real signal here.
The 1.5% on-chain burn tax (Proposal #12223) passed with 96.2% approval and is now live, tripling the previous burn rate. Binance also burned another 275.6M $LUNC on August 1, and total burns have now surpassed 454 billion tokens. But here's the catch — daily burn rates have already started declining, dropping to around 33 million recently.
The 0.00005228 resistance has rejected price twice now. If buyers can push through, the path to 0.00005424 opens up. But losing 0.00004992 could accelerate downside toward 0.00004922. With US CPI data due August 12, macro volatility could shake things up further.
Are you watching this range or waiting for the CPI data first?
Hey team — One is sitting near demand after a sharp rejection, the other is riding a strong recovery wave with fresh listings and rising open interest.
Which one are you watching?
Long Setup $DOS Trigger Zone: 0.340 – 0.350 Targets: 0.390 – 0.400 Risk Cut: 0.330 A move above 0.350 would signal buyer interest returning.
Dos pulled back from its peak after perpetual listings on Binance and OKX, with volume still low near the 0.340 area. HoLo surged with strong volume to $0.0853, with futures open interest hitting $25.7M as the AI narrative gains traction. Which one offers you the cleaner bounce setup from these levels? Drop your pick below.
Can buyers defend this level or will selling accelerate? Bitcoin is trading near $63,622 after slipping to a weekly low. The price has been compressing between $62,000 and $66,000 for weeks, with traders waiting for a catalyst to define the next direction. The chart shows a clear rejection from the $65,000-$65,700 area, with price now testing support near $63,238. Resistance is visible at $64,515, and the overall structure remains range-bound. Neither buyers nor sellers have shown clear control, as ETF inflows have been offset by selling pressure. The upcoming CPI data remains the primary catalyst traders are watching. Entry / Watch Zone The main area to monitor is the $63,000-$63,600 zone. This region has acted as demand in recent weeks, with buyers stepping in around these levels. For spot traders watching this range: · Area to monitor: $63,000-$63,600 · Defense level: $63,000 · Reclaim trigger: $64,000 · Weakness below: $63,000 If price holds above $63,000 and reclaims $64,000, the structure improves and momentum could build toward $65,000-$65,700. However, if $63,000 breaks, the setup weakens and the next area of interest becomes $62,200. Scenario-Based Outlook If support holds and price reclaims $64,000, buyers could regain control and push toward the $65,000-$65,700 resistance zone. If support fails and price breaks below $63,000, selling could accelerate toward $62,200, where the next demand area sits. Risk Context The setup remains uncertain due to low trading volumes and macro headlines. Waiting for clear confirmation before adding exposure is the more disciplined approach. Breakouts without volume confirmation have been failing, making patience essential in this environment. Closing Thought Bitcoin is compressing inside a tight range, and the next move could be significant. The $63,000 level is the line in the sand right now. Are you watching for a breakdown below $63,000 or a reclaim of $64,000?
Scanning the levels 🧐 Aggressive buyers pushed this from 0.021 to 0.034 in hours, but now the momentum is cooling—the real test begins as traders decide whether to hold or take profits before the next move.
$BTR caught a strong bid after BingX launched perpetuals earlier today, adding fresh liquidity to the pair. The token surged from 0.021 to 0.034, but the rejection near 0.0347 suggests sellers are active at that level. Volume remains elevated, and open interest is climbing, which often precedes the next impulse.
If buyers hold this zone, a retest of the recent high and beyond stays in play. If support gives way, the next area of interest sits near 0.029, where bids could step back in.
Are you positioned for continuation or expecting a retrace?
Taking a closer look 🔥 The run from 0.42 to 0.88 was aggressive, but the rejection at the top was equally sharp. Now price is resting near the middle of the range—this zone often separates continuation from reversal.
$VELVET surged over 100% in 48 hours, reaching 0.888 before sellers stepped in aggressively. The rejection was swift, and price is now testing the 0.63 zone, where the market is deciding the next move. Volume is still elevated, but momentum is fading.
If buyers defend this area, a retest of the recent highs and beyond stays in play. If support cracks, the next significant level sits near 0.42—a drop that would reset much of the recent move.
Are you watching for a bounce or a breakdown here?
Markets often test patience and conviction within the same session, and today's action offers a clear example. One token is climbing steadily from a well-defined base, while another is surrendering ground after failing to hold key levels. For spot traders, these two scenarios provide a practical lesson in reading the quality of price movement and understanding when to act and when to wait. The challenge lies in distinguishing between sustainable demand and a fleeting impulse. One chart shows a token that has found its footing after a period of consolidation, while the other reveals a market that has been decisively rejected. Both setups offer information, but they require different interpretations and timelines. $BANANAS31 Steady Recovery From Base BANANAS31 has been building a solid recovery from its 24-hour low of 0.008460, climbing to a current price of 0.011416. The token has gained over 33% in the past day, reflecting sustained buying interest that has pushed price through multiple resistance levels. According to Binance spot market data, BANANAS31 is among the top gainers for the day, which aligns with the visible price action. The structure shows a clear upward trajectory from the 0.006374 swing low, with price breaking through the 0.007462 and 0.008550 levels along the way. The current price of 0.011416 sits above the 0.010726 level, which now acts as potential support. The 24-hour high of 0.011566 and the visible swing high of 0.011814 form the immediate resistance zone above. Volume has been substantial, with 667.00 million BANANAS31 changing hands, indicating active participation. What experienced spot traders are monitoring is whether BANANAS31 can sustain above 0.011416 and challenge the 0.011566-0.011814 zone. The 0.010726 level provided a consolidation point during the ascent, and that area now serves as a potential safety net. A sustained hold above current levels would suggest that buyers are gaining control, while a rejection near resistance would indicate that the recovery is still vulnerable to selling pressure. The 0.009638 level represents a deeper floor that could come into play if momentum fades. Current Price: 0.011416 Primary Base Zone: 0.010726 to 0.011416 Primary Ceiling Zone: 0.011566 to 0.011814 The base zone reflects the levels reclaimed during the recovery. Confidence in this structure would increase if price can hold above 0.011416 and push toward the 0.011566 resistance. What weakens the setup is the presence of overhead supply near the 0.011814 level, which has previously capped advances. The path forward depends on whether buyers can defend the 0.011416 level, as a breakdown would invite a retracement toward 0.010726. The structure is currently testing the upper end of its recent range, and the next few sessions will likely determine whether this recovery has staying power. $MOVR Breakdown After Failed Rally Moonriver presents a markedly different picture. The token has declined from a high of 1.174 to a current price of 0.925, falling over 20% in the past 24 hours. The structure shows a decisive breakdown from the 1.281 swing high, with price falling through the 1.194 and 1.108 levels along the way. According to Binance spot market data, MOVR is among the top losers for the day, confirming the severity of the decline. The current price of 0.925 sits near the 24-hour low of 0.868, with the 0.935 level now acting as resistance. The visible support level of 0.848 represents the next area of interest below. The 24-hour volume of 2.60 million MOVR and 2.50 million USDT indicates active selling pressure. The rejection at higher levels suggests that sellers remain firmly in control, and the absence of a strong bounce indicates that buyers are not yet stepping in with conviction. What spot traders are observing is whether MOVR can find a floor near the 0.868-0.925 zone or if the structure continues its downward drift. The 0.925 level has become a pivot point, and how price behaves around this area will determine the next directional move. A break below 0.868 would open the door to a retest of the 0.848 level, while a hold above could lead to a relief bounce toward the 0.935 resistance. The broader structure continues to show lower highs and lower lows, and until a reversal pattern emerges, the path of least resistance remains to the downside. Current Price: 0.925 Primary Base Zone: 0.868 to 0.925 Primary Ceiling Zone: 0.935 to 1.021 The narrow base zone reflects the levels near the recent low. The structure would gain strength if price can hold above 0.868 and push back toward the 0.935 resistance. It would weaken if the 0.868 support fails, opening the door to a retest of the 0.848 level. The 0.925 level has become a critical pivot, and how price behaves around this area will determine the next move. A break above 0.935 would provide the first sign of potential reversal, while a break below 0.868 would confirm continued downside pressure. Quick Comparison First Chart • Trend: Steady recovery from lows • Primary Base Zone: 0.010726 to 0.011416 • Primary Ceiling Zone: 0.011566 to 0.011814 • Trading Style: Momentum needs support confirmation • Exposure Factor: Moderate volatility risk Second Chart • Trend: Sharp breakdown from highs • Primary Base Zone: 0.868 to 0.925 • Primary Ceiling Zone: 0.935 to 1.021 • Trading Style: Support confirmation required • Exposure Factor: Higher downside risk Risk Management Position sizing must account for the different risk profiles of each setup. For BANANAS31, the steady recovery offers potential upside but comes with the risk of rejection near the 0.011566-0.011814 resistance zone. For MOVR, the breakdown structure offers the possibility of a bounce if support holds, but the trend remains bearish until a reversal pattern emerges. In both cases, waiting for price to confirm its next move—either by holding support or breaking resistance—is more prudent than anticipating a turn. For BANANAS31, a break below 0.010726 would signal that the recovery is losing steam; for MOVR, a break above 0.935 would provide the necessary clarity for a potential reversal. Risk should be defined by these visible levels, and position sizes should reflect the volatility inherent in each setup. Final Take These two charts capture opposite ends of the market spectrum. BANANAS31 is demonstrating what a steady recovery looks like, with price gradually building a foundation for a potential move higher. MOVR is showing what happens when a rally is decisively rejected, with price giving back gains and testing support levels. One offers the possibility of continued measured ascent; the other presents a test of whether buyers can defend key support. Neither provides certainty, but both offer the kind of structural clarity that forms the basis of sound trading decisions. Which of these two scenarios do you find more aligned with your spot trading approach—the steady recovery from support or the sharp breakdown after a failed rally?
Some moves don't need a story to justify them, and this RAD rally feels exactly like that — pure liquidity chasing momentum rather than any real shift in fundamentals.
Volume exploded 782% to $30 million — that's the real story here.
The move caught a lot of people off guard. Rad surged over 43% in a single session, hitting a high of $0.324, but there's no major partnership, protocol upgrade, or news driving it. It's a liquidity-driven spike, which means it can reverse just as fast if the volume dries up. Binance data shows $RAD already pulling back over 18% in the last 24 hours.
The key level to watch is the 0.208 support. If buyers defend that zone, a retest of 0.324 is possible. But with the US CPI report coming August 12, macro volatility could shake things up further. Losing 0.208 would open the door to 0.19.
Are you riding this momentum or waiting for the CPI data first?
Checking the chart 📈 The push past $0.26 brought fresh attention, but the real question is whether this momentum has the backing to carry through or if sellers are waiting just above.
CRV just posted a 12% weekly rally, pushing above $0.27 for the first time since early August. The move follows Curve's August 6 launch of CRV rewards on three new LlamaLend v2 gauges, giving the token a direct role in incentivizing lending-focused liquidity. Buyers are holding above $0.26, and momentum remains intact.
The question now is whether bulls can flip $0.272 into support or if the rejection prints a near-term top. If this level holds, a push toward $0.282 and higher stays in play. If it fails, a retest of $0.26 support becomes the more likely path.
Are you leaning into the breakout or waiting for a pullback?
Hello everyone's 🧐 The rejection at 0.004 was clean and decisive, and now price is drifting back toward the demand zone—the market is telling us something about conviction at these levels.
The run from 0.003 to 0.004 was fueled by momentum, but the quick rejection suggests profit-taking is active. Volume dropped significantly during the pullback, and open interest is cooling near the mid-range—the structure is tightening.
If buyers defend this area, a retest of the recent high becomes the more probable path. If support cracks, the next meaningful level sits lower and could offer a better entry.
These are traditional Hong Kong stocks and leveraged ETFs now available as 24/7 crypto perps. Kuaishou has earnings coming on August 19. Meituan closed at HK$93.40 today, up 1.30%. The two CSOP products already carry 2x daily returns — now you can short them too.
BTC is still above $65,000, ETH near $1,920. Low volatility overall. New pairs can bring fresh liquidity, but order books start thin. Watch for slippage. Start with smaller positions.
What's your approach — try these new assets or stay with the majors?
Hello everyone The past 24 hours have delivered a stark contrast in market behaviour. One token is surging with aggressive buying pressure, climbing from a base with conviction. Another is in freefall after a dramatic spike, surrendering gains at an alarming pace. For spot traders, these two scenarios offer a clear lesson in recognising the difference between sustainable momentum and a temporary impulse. The challenge lies in interpreting the quality of each move. One chart shows a steady climb with defined levels, while the other reveals a sharp rejection after a brief rally. Both provide information, but they require very different responses. $TST Steady Climb with Volume Support TST has been one of the more notable movers over the past 24 hours, climbing from a low of 0.01556 to a current price of 0.02412. The token has gained over 45% in the past day, reflecting sustained buying interest that has pushed price through multiple resistance levels. According to Binance spot market data, TST ranks among the top gainers for the session, which aligns with the visible price action. The structure shows a clear upward trajectory from the 0.00908 swing low, with price breaking through the 0.00991, 0.01271, and 0.01633 levels along the way. The current price of 0.02412 sits above the 0.01995 level, which now acts as potential support. The 24-hour high of 0.02637 and the visible swing high of 0.02720 form the immediate resistance zone above. Volume has been substantial, with 1.36 billion TST changing hands, indicating active participation. What experienced spot traders are monitoring is whether TST can sustain above 0.02412 and challenge the 0.02637-0.02720 zone. The 0.01995 level provided a consolidation point during the ascent, and that area now serves as a potential safety net. A sustained hold above current levels would suggest that buyers are gaining control, while a rejection near resistance would indicate that the recovery is still vulnerable to selling pressure. The 0.01633 level represents a deeper floor that could come into play if momentum fades. Current Price: 0.02412 Primary Base Zone: 0.01995 to 0.02412 Primary Ceiling Zone: 0.02637 to 0.02720 The base zone reflects the levels reclaimed during the recovery. Confidence in this structure would increase if price can hold above 0.02412 and push toward the 0.02637 resistance. What weakens the setup is the presence of overhead supply near the 0.02720 level, which has previously capped advances. The path forward depends on whether buyers can defend the 0.02412 level, as a breakdown would invite a retracement toward 0.01995. The structure is currently testing the upper end of its recent range, and the next few sessions will likely determine whether this recovery has staying power. $EPIC Breakdown After Extreme Spike Epic presents a markedly different and more alarming picture. The token has collapsed from a high of 1.1288 to a current price of 0.4807, shedding over 53% in the past 24 hours. The move represents a sharp reversal from the 1.3336 swing high, with price falling through the 1.2900, 1.1419, 0.9503, and 0.7587 levels in rapid succession. The 24-hour low of 0.4658 and the visible support level of 0.3754 represent the next areas of interest below. The structure shows a decisive breakdown from the recent peak, with price now trading near the 0.4806 level. The 24-hour volume of 45.59 million EPIC and 29.50 million USDT indicates heavy selling pressure. The token has been among the top losers on Binance for the day, confirming the severity of the decline. The rejection at higher levels suggests that sellers remain firmly in control. What spot traders are observing is whether EPIC can find a floor near the 0.4658-0.4807 zone or if the structure continues its downward drift. The 0.5671 level has now turned into resistance, and any bounce toward that area would likely face selling pressure. The 0.3754 level represents a deeper support zone that could come into play if current levels fail to hold. The absence of a strong bounce indicates that buyers are not yet stepping in with conviction. Current Price: 0.4807 Primary Base Zone: 0.4658 to 0.4807 Primary Ceiling Zone: 0.5671 to 1.3336 The narrow base zone reflects the levels near the recent low. The structure would gain strength if price can hold above 0.4658 and push back toward the 0.5671 resistance. It would weaken if the 0.4658 support fails, opening the door to a retest of the 0.3754 level. The 0.4807 level has become a pivot point, and how price behaves around this area will determine the next directional move. A break below 0.4658 would signal further downside, while a hold above could lead to a relief bounce. Quick Comparison First Chart • Trend: Steady recovery from lows • Primary Base Zone: 0.01995 to 0.02412 • Primary Ceiling Zone: 0.02637 to 0.02720 • Trading Style: Momentum needs support confirmation • Exposure Factor: Moderate volatility risk Second Chart • Trend: Sharp breakdown from highs • Primary Base Zone: 0.4658 to 0.4807 • Primary Ceiling Zone: 0.5671 to 1.3336 • Trading Style: Support confirmation required • Exposure Factor: Higher downside risk Risk Management Position sizing must account for the different risk profiles of each setup. For TST, the steady recovery offers potential upside but comes with the risk of rejection near the 0.02637-0.02720 resistance zone. For EPIC, the breakdown structure offers the possibility of a bounce if support holds, but the trend remains bearish until a reversal pattern emerges. In both cases, waiting for price to confirm its next move—either by holding support or breaking resistance—is more prudent than anticipating a turn. For TST, a break below 0.01995 would signal that the recovery is losing steam; for EPIC, a break above 0.5671 would provide the necessary clarity for a potential reversal. Risk should be defined by these visible levels, and position sizes should reflect the volatility inherent in each setup. Final Take These two charts capture opposite ends of the market spectrum. TST is demonstrating what a steady recovery looks like, with price gradually building a foundation for a potential move higher. EPIC is showing what happens when a rally is decisively rejected, with price giving back gains and testing support levels. One offers the possibility of continued measured ascent; the other presents a test of whether buyers can defend key support. Neither provides certainty, but both offer the kind of structural clarity that forms the basis of sound trading decisions. Which of these two scenarios do you find more aligned with your spot trading approach—the steady recovery from support or the sharp breakdown after a spike?
Spot feels like it's trying to carve out a base above 0.00005, but the real test is whether buyers can build on this stability or if the recent downtrend is just catching its breath.
Volume is still light — conviction isn't here yet.
The 1.5% burn tax is now active on the Terra Classic chain, with over 208 million tokens burned on August 6 alone. Total burns have surpassed 454 billion Lunc. On-chain activity is also picking up — TVL rose 7% to $732K, and the Terra Classic chain was officially listed on DEXTools on August 6. WEEX also announced it will join Binance with monthly $LUNC burns starting September 1.
The 0.00005060 resistance has rejected price twice now. If buyers can push through, the path to 0.00005250 opens up. But losing 0.00004922 could accelerate downside toward 0.00004752.
Are you watching this range or waiting for a clean break first?