#CardanoDebate Cardano (ADA) descended nearly 6% to $0.64 o | Abhay saha on Binance Square

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#CardanoDebate Cardano (ADA) descended nearly 6% to $0.64 on June 13 amid intense debate over a $100 million treasury allocation to boost stablecoin liquidity  . The plan, championed by Charles Hoskinson, aims to deploy 140 million ADA gradually using over-the-counter or algorithmic methods to avoid price disruption.

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$SUI While SUI/USD has been in a clear downtrend, it's now approaching a major support zone between $2.60 and $2.70, which has been tested multiple times. This area is marked by a gray demand zone where buyers have previously stepped in. The price is also showing signs of slowing bearish momentum as it approaches this zone, suggesting a potential bullish reversal or relief bounce. Although the overall structure remains bearish, this setup focuses on a possible counter-trend move or early trend reversal from a key demand area.

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SUI/USD – 4H Bullish Trade Setup Chart Analysis: While SUI/USD has been in a clear downtrend, it's now approaching a major support zone between $2.60 and $2.70, which has been tested multiple times. This area is marked by a gray demand zone where buyers have previously stepped in. The price is also showing signs of slowing bearish momentum as it approaches this zone, suggesting a potential bullish reversal or relief bounce. Although the overall structure remains bearish, this setup focuses on a possible counter-trend move or early trend reversal from a key demand area. ✅ Entry Zone: Wait for bullish confirmation (such as a bullish engulfing candle or strong bounce) from the $2.60–$2.70 support zone. 🛑 Stop Loss: Place SL below the support zone at $2.45, to protect against further downside if the trend continues. 🎯 Take Profit Targets: •TP1: $2.95 (previous minor structure level) •TP2: $3.20 (Major Chock zone and strong resistance) •TP3 (optional swing): $4.05 if momentum builds Risk Note: Since the overall trend is still bearish, this is a higher-risk trade and best taken with confirmation. For a safer play, wait for a break and retest of the “Major Chock” zone around $3.20 to go long with more conviction. #SUI🔥 #Write2Earn #Binance $SUI

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See my returns and portfolio breakdown. Follow for investment tips there are rumors from Seymour Hersh on X that US will bomb Iran this weekend. I don’t think this will happen as the market will have already been doơn. Then there is on chain reports whales are moving fiat to exchange. Just be careful trading this weekend. Hodl tide guys!

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#XSuperApp Elon Musk's X is planning to launch investment and trading features to become an all-in-one “super app”. Users will be able to make payments, invest, and trade within the platform, with a credit/ debit card possibly launching later this year. While crypto integration hasn't been confirmed, many expect X to support digital assets, given its tech focus and Musk’s pro-crypto stance. 💬 Do you think X will support crypto? Would you use X for payments and trading? What would it need to offer to compete with existing platforms?

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