X Today's Market Analysis: Large Investors Supporting + Musk's Positive News, Is the Frenzy Mode About to Start? #币安投票上币

Brothers, today's movement of X is quite interesting!

Let's first look at the four-hour level. Last night it dipped to around 0.00008 and then jumped up by 10%, clearly indicating that large investors are supporting the price.

Currently, the price is hovering around 0.000092, and the trading volume hasn't fully come out yet, suggesting that the main force is still accumulating.

This operation looks like it's building up momentum and could trigger a big move at any time.

Technical Analysis: Daily level is strong, MACD golden cross has formed.

From the daily chart, X is pushing upwards while standing on the five-day moving average, and the MACD golden cross has just formed, indicating a very strong technical position.

If this wave can stabilize above the resistance level of 0.000095, it's highly likely to enter frenzy mode. After all, the fundamentals behind X are also showing significant movements.

Fundamentals: Musk's X payment is set to launch, expectations for cryptocurrency ecosystem integration.

Recently, the community has been buzzing that Musk's X payment is definitely going to launch this year, and it may integrate with the cryptocurrency ecosystem.

The deep binding background of X and Musk has led the market to have extremely high expectations. Do you brothers remember the last time Musk changed his profile picture and it sent PEPE soaring? This time X may repeat the same scenario.

Risk Warning: Historical resistance at previous highs, be cautious of pullbacks.

However, we also need to be wary of the historical resistance at 0.0001. The order book looks somewhat thick, and if there isn’t enough volume to support an early morning surge, there could be a pullback. Short-term traders can ambush in the range of 0.000085-0.00009 in batches, and it’s safer to set a stop-loss below 0.000078.

Summary: X is building momentum, is frenzy mode about to start?

Overall, both the technical and fundamental aspects of X are very strong, with large investors supporting + #马斯克 positive news, frenzy mode could be just around the corner.

But brothers, always remember that the market is always risky, don’t let FOMO emotions cloud your judgment. Ambush in batches and set stop-losses, that is the prudent strategy.

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