Daisy_Edward
crypto Banter
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U.today
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Binance CEO Shares 3 Key Steps on How to Survive Market Crash
Richard Teng, the new Binance chief executive officer, has addressed the crypto community with an X thread with a comment on the current market bloodbath. He also shared three key pieces of advice on how to survive through this hard time and profit on it.
3 strategic pieces of advice from Binance boss
Richard Teng, who took over the Binance steering wheel from Changpeng Zhao (CZ), tweeted that seeing a lot of panic during the current market sell-offs is understandable. However, he urged the Binance community to calm down and take it easy since “this is not the first time it has happened, and it won’t be the last either.”
There’s understandably been a lot of panic surrounding the market volatility and sudden selloffs.This is not the first time it has happened, and it won’t be the last either. Here are 3 pieces of advice I would like to share with you.A thread. 🧵
— Richard Teng (@_RichardTeng) February 3, 2025
Teng offered three pieces of advice to the crypto community regarding the current heavy market decline.
The first piece of advice was philosophical: “This too shall pass.” He reminded the audience that the current market downturn is temporary since the crypto market, similar to traditional ones, moves in cycles and has its moments of ups and downs. Teng stated that, overall, the market trajectory shows growth rather than a fall.
The second, and perhaps more constructive piece of advice, is that market downturns give one “the perfect time to build and learn”: to focus on developing one’s products, improving technical skills, exploring new protocols and connecting with communities.
“Use quieter periods to strengthen your foundation and prepare for opportunities,” he said.
The third and last piece of advice, or rather observation, offered to the community by Teng was that as the market becomes more mature, the community will begin to pay less attention to volatility. He pointed out that “assets with smaller market caps are more volatile.”
card
Bitcoin crashes, time to get richer – Robert Kiyosaki
Robert Kiyosaki, a prominent investor and the author of the classic book on investments “Rich Dad Poor Dad,” has published a comment on the current state of the crypto market after it has seen $2.2 billion worth of assets liquidated from it in recent days.
Kiyosaki tweeted that the biggest market crash is here, and now all the assets are crashing. However, he said, looking at it from a different angle, they are all on sale now – Bitcoin, gold, silver, bonds, shares, real estate, etc. Therefore, “this is the best time to get rich,” he said.
3 strategic pieces of advice from Binance boss
Richard Teng, who took over the Binance steering wheel from Changpeng Zhao (CZ), tweeted that seeing a lot of panic during the current market sell-offs is understandable. However, he urged the Binance community to calm down and take it easy since “this is not the first time it has happened, and it won’t be the last either.”
There’s understandably been a lot of panic surrounding the market volatility and sudden selloffs.This is not the first time it has happened, and it won’t be the last either. Here are 3 pieces of advice I would like to share with you.A thread. 🧵
— Richard Teng (@_RichardTeng) February 3, 2025
Teng offered three pieces of advice to the crypto community regarding the current heavy market decline.
The first piece of advice was philosophical: “This too shall pass.” He reminded the audience that the current market downturn is temporary since the crypto market, similar to traditional ones, moves in cycles and has its moments of ups and downs. Teng stated that, overall, the market trajectory shows growth rather than a fall.
The second, and perhaps more constructive piece of advice, is that market downturns give one “the perfect time to build and learn”: to focus on developing one’s products, improving technical skills, exploring new protocols and connecting with communities.
“Use quieter periods to strengthen your foundation and prepare for opportunities,” he said.
The third and last piece of advice, or rather observation, offered to the community by Teng was that as the market becomes more mature, the community will begin to pay less attention to volatility. He pointed out that “assets with smaller market caps are more volatile.”
card
Bitcoin crashes, time to get richer – Robert Kiyosaki
Robert Kiyosaki, a prominent investor and the author of the classic book on investments “Rich Dad Poor Dad,” has published a comment on the current state of the crypto market after it has seen $2.2 billion worth of assets liquidated from it in recent days.
Kiyosaki tweeted that the biggest market crash is here, and now all the assets are crashing. However, he said, looking at it from a different angle, they are all on sale now – Bitcoin, gold, silver, bonds, shares, real estate, etc. Therefore, “this is the best time to get rich,” he said.
sol prediction
BlockchainReporter
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Solana (SOL) Price Prediction for February 3
Solana (SOL) has been making some interesting moves lately. Right now, it’s trading around $210.24, which is up about 4.95% from the previous close. There’s been quite a bit of action today, with the price swinging between $181.14 and $210.24, which just shows how much volatility is in the market right now.
Solana Price Analysis
Looking at the technicals, the RSI is sitting at 45.80—right in the middle, which means SOL isn’t exactly overbought or oversold. That suggests there’s no extreme bullish or bearish pressure at the moment. The MACD is in positive territory at 5.63, hinting at some bullish momentum, but then there’s the Price Rate of Change (ROC), which is negative at -12.43, signaling a potential sell-off. So, there are some mixed signals here.
Now, if we check the moving averages, the short-term outlook isn’t looking too strong—Solana is trading below its 5-day, 10-day, and 20-day moving averages, which usually means some downward pressure. But the good news is that it’s still holding above its 50-day, 100-day, and 200-day moving averages. That’s actually a strong sign for the long-term outlook. So while there might be some short-term turbulence, the bigger picture still leans bullish.
One of the key things that traders have been watching is that five-wave Elliott Wave structure that peaked at $294.50 back in January. After that, SOL went into a correction, forming a descending channel, and eventually hit a low of $195.81 before bouncing back. That bounce was important because when the price dropped to around $176, buyers came in strong, and we saw a big wick on the 4-hour candle—basically, that means there was a lot of demand at those lower levels, which helped push the price back up.
Solana Price Prediction
If SOL successfully breaks above the $270 resistance, it could target $280, with the possibility of reaching $300, especially if trading volume remains high. Analysts project that SOL could achieve a maximum price of around $300 by the end of 2025, with an average trading price of $255.17.
Right now, the market is still trying to figure out its next move. There’s definitely a chance for Solana to push higher, especially if it can break above some of those short-term moving averages. But with some mixed indicators, it’s worth keeping an eye on how it reacts to key resistance levels in the coming days.
Frequently Asked Questions (FAQs)
Is Solana a good investment in 2025?
While technical indicators suggest potential growth, investing in cryptocurrencies carries inherent risks. It’s essential to conduct thorough research and consider individual risk tolerance.
How does Solana compare to other cryptocurrencies?
Solana is renowned for its high transaction speeds and scalability, distinguishing it from many other blockchain platforms. However, like all investments, it’s crucial to assess its performance relative to other assets.
Where can I buy and store SOL tokens?
SOL tokens can be purchased on major cryptocurrency exchanges and stored in compatible wallets that support Solana.
Investment Risk Consideration
Investing in cryptocurrencies like Solana involves significant risks due to market volatility. Prices can fluctuate rapidly, leading to potential losses. It’s imperative to conduct thorough research, stay updated with market trends, and consult with financial advisors before making investment decisions. Diversifying investments and only committing funds that one can afford to lose are prudent strategies in the crypto market.
Solana Price Analysis
Looking at the technicals, the RSI is sitting at 45.80—right in the middle, which means SOL isn’t exactly overbought or oversold. That suggests there’s no extreme bullish or bearish pressure at the moment. The MACD is in positive territory at 5.63, hinting at some bullish momentum, but then there’s the Price Rate of Change (ROC), which is negative at -12.43, signaling a potential sell-off. So, there are some mixed signals here.
Now, if we check the moving averages, the short-term outlook isn’t looking too strong—Solana is trading below its 5-day, 10-day, and 20-day moving averages, which usually means some downward pressure. But the good news is that it’s still holding above its 50-day, 100-day, and 200-day moving averages. That’s actually a strong sign for the long-term outlook. So while there might be some short-term turbulence, the bigger picture still leans bullish.
One of the key things that traders have been watching is that five-wave Elliott Wave structure that peaked at $294.50 back in January. After that, SOL went into a correction, forming a descending channel, and eventually hit a low of $195.81 before bouncing back. That bounce was important because when the price dropped to around $176, buyers came in strong, and we saw a big wick on the 4-hour candle—basically, that means there was a lot of demand at those lower levels, which helped push the price back up.
Solana Price Prediction
If SOL successfully breaks above the $270 resistance, it could target $280, with the possibility of reaching $300, especially if trading volume remains high. Analysts project that SOL could achieve a maximum price of around $300 by the end of 2025, with an average trading price of $255.17.
Right now, the market is still trying to figure out its next move. There’s definitely a chance for Solana to push higher, especially if it can break above some of those short-term moving averages. But with some mixed indicators, it’s worth keeping an eye on how it reacts to key resistance levels in the coming days.
Frequently Asked Questions (FAQs)
Is Solana a good investment in 2025?
While technical indicators suggest potential growth, investing in cryptocurrencies carries inherent risks. It’s essential to conduct thorough research and consider individual risk tolerance.
How does Solana compare to other cryptocurrencies?
Solana is renowned for its high transaction speeds and scalability, distinguishing it from many other blockchain platforms. However, like all investments, it’s crucial to assess its performance relative to other assets.
Where can I buy and store SOL tokens?
SOL tokens can be purchased on major cryptocurrency exchanges and stored in compatible wallets that support Solana.
Investment Risk Consideration
Investing in cryptocurrencies like Solana involves significant risks due to market volatility. Prices can fluctuate rapidly, leading to potential losses. It’s imperative to conduct thorough research, stay updated with market trends, and consult with financial advisors before making investment decisions. Diversifying investments and only committing funds that one can afford to lose are prudent strategies in the crypto market.
btc
Binance Square Official
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The U.S. Core PCE Price Index for Q4 hit 2.5%, up from 2.2%, keeping inflation in focus. Will this stall Fed rate cuts or push Bitcoin and stocks higher? 🤔💡 What’s your take on the market impact? Drop your thoughts below!
Create a post with #PCEInflationWatch or the $BTC cashtag and check-in to earn Binance points.
(Press the “+” on the homepage and click on Task Center)
Activity period: 2025-01-31 08:00 (UTC) to 2025-02-01 08:00 (UTC)
Remember points rewards are first come first serve so be sure to claim your points daily!
Create a post with #PCEInflationWatch or the $BTC cashtag and check-in to earn Binance points.
(Press the “+” on the homepage and click on Task Center)
Activity period: 2025-01-31 08:00 (UTC) to 2025-02-01 08:00 (UTC)
Remember points rewards are first come first serve so be sure to claim your points daily!
General Data and Information
TRON is an open source platform launched in 2017 for the decentralized global distribution of content and entertainment in addition to the deployment of smart contracts. Their white paper was released ahead of their August 2017 ICO on the Ethereum blockchain. Featuring a high TPS (Transactions per second), the network enables creators to publish, store and retain ownership of their content, allowing content creators to be directly rewarded by content consumers via the native coin (TRX) and other crypto-currencies.
Using a network decentralized (peer to peer) file storage systems, the Sun network allows content to be placed on the blockchain without the requirement of content publishing middlemen (publishing platforms). The types of entertainment content can range from the familiar forms of music and video through to the newer forms of decentralized applications (dApps) such as online gaming and gambling.
Milestones
April 2017 - Tron Foundation established.
August 2017 - Tron ICO
31st May 2018 - Tron Mainnet launched.
June 2018 - ERC20 tokens migrated to to Tron.
23rd July 2018 - Bittorrent acquired by Tron
Utility
The native coin (TRX) can be used by content consumers to pay creators for in-game assets, or use as currency in gaming or to reward creators directly for their entertainment content or to purchase additional access. In turn, the coin can be used by content creators to pay for various services on the network.
Freezing (staking) TRX tokens results in energy and bandwidth required to interact smoothly with the network as well as the increase in voting power of voting for Super Representatives.
Significant Features
Average blocktime of 15 seconds; Total supply of 100 billion TRX; Consensus via Proof of Stake (Fast Paxos).
High bandwidth, averaging 2000 Transactions per Second.
Limited TRX price contorl via centralized burn or minting.
Scalability design from inception.
#VVVonBinance $TRX
TRON is an open source platform launched in 2017 for the decentralized global distribution of content and entertainment in addition to the deployment of smart contracts. Their white paper was released ahead of their August 2017 ICO on the Ethereum blockchain. Featuring a high TPS (Transactions per second), the network enables creators to publish, store and retain ownership of their content, allowing content creators to be directly rewarded by content consumers via the native coin (TRX) and other crypto-currencies.
Using a network decentralized (peer to peer) file storage systems, the Sun network allows content to be placed on the blockchain without the requirement of content publishing middlemen (publishing platforms). The types of entertainment content can range from the familiar forms of music and video through to the newer forms of decentralized applications (dApps) such as online gaming and gambling.
Milestones
April 2017 - Tron Foundation established.
August 2017 - Tron ICO
31st May 2018 - Tron Mainnet launched.
June 2018 - ERC20 tokens migrated to to Tron.
23rd July 2018 - Bittorrent acquired by Tron
Utility
The native coin (TRX) can be used by content consumers to pay creators for in-game assets, or use as currency in gaming or to reward creators directly for their entertainment content or to purchase additional access. In turn, the coin can be used by content creators to pay for various services on the network.
Freezing (staking) TRX tokens results in energy and bandwidth required to interact smoothly with the network as well as the increase in voting power of voting for Super Representatives.
Significant Features
Average blocktime of 15 seconds; Total supply of 100 billion TRX; Consensus via Proof of Stake (Fast Paxos).
High bandwidth, averaging 2000 Transactions per Second.
Limited TRX price contorl via centralized burn or minting.
Scalability design from inception.
#VVVonBinance $TRX
#XRPETFIncoming? 1MBABYDOGE seems to be riding the memecoin hype wave! The bullish indicators and strong momentum could make it an interesting short-term play. If it holds above $0.0021600, your targets look reasonable, especially with a solid stop-loss at $0.0020500.
Are you considering an entry, or just keeping an eye on it? Also, do you have any insights on what’s driving this surge—news, community activity, or whale movements?
Are you considering an entry, or just keeping an eye on it? Also, do you have any insights on what’s driving this surge—news, community activity, or whale movements?
#FedHODL #CzechBitcoinReserve? That’s an exciting setup for DOGE! It looks like strong bullish momentum is driving the price up. If the RSI and MACD are aligned with the uptrend, a breakout above $0.3350 could indeed open the door for higher levels.
Are you planning to trade this setup or just watching the market for now?
Are you planning to trade this setup or just watching the market for now?
#VVVonBinance #Write2Earn That’s a significant drop in losses, which is a good sign for crypto security overall. A 44% decrease suggests that exchanges and projects might be improving their defenses against hacks.
Phemex being the biggest victim is concerning, though—do you know what kind of exploit was used against them?
Phemex being the biggest victim is concerning, though—do you know what kind of exploit was used against them?
#XRPETFIncoming? $NEIRO
First Neiro on Ethereum (Community Takeover) project is a memecoin on Ethereum.It sounds like Neiro is leveraging Ethereum's network for a memecoin with a strong community focus. Given Ethereum's established ecosystem, this could help with visibility and accessibility for traders. Memecoins on Ethereum often attract attention due to the network's scalability and the broader DeFi ecosystem.
Is Neiro something you're watching closely, or have you already gotten involved in the project?
First Neiro on Ethereum (Community Takeover) project is a memecoin on Ethereum.It sounds like Neiro is leveraging Ethereum's network for a memecoin with a strong community focus. Given Ethereum's established ecosystem, this could help with visibility and accessibility for traders. Memecoins on Ethereum often attract attention due to the network's scalability and the broader DeFi ecosystem.
Is Neiro something you're watching closely, or have you already gotten involved in the project?
#CzechBitcoinReserve? $DOGS sounds like it's catching a lot of attention, and meme coins are often driven by strong communities and viral momentum. With its growing presence and strategic partnerships, there’s potential for significant gains—if it can sustain the hype and capitalize on real-world utility beyond just being a meme.
However, meme coins are notoriously volatile and speculative. Like you mentioned, doing your own research (DYOR) and setting risk management strategies is key to navigating these high-risk, high-reward assets.
Are you thinking about getting in on $DOGS, or just watching the hype for now?
However, meme coins are notoriously volatile and speculative. Like you mentioned, doing your own research (DYOR) and setting risk management strategies is key to navigating these high-risk, high-reward assets.
Are you thinking about getting in on $DOGS, or just watching the hype for now?
#PCEInflationWatch This strategy is a clever way to use leverage while mitigating risk—especially important for volatile markets. By hedging with a smaller position in the opposite direction, you can cushion the impact of market reversals. The key is being flexible and monitoring the price action closely.
Here's a quick breakdown of the steps:
Hedge with Opposite Positions: When you take a 10x leverage long, opening a 5x short simultaneously gives you a buffer if the market moves against you.
Confirmation & Adjustment: Once you see the breakout confirm, adding more to your long position (while closing the short) allows you to ride the trend up with maximized profit.
Reverse Setup: For a bearish scenario, the reverse approach gives you the same protection and opportunity to pivot quickly.
And yes, setting stop-loss orders is key! Even with hedging, leveraging without a clear risk management plan can still lead to significant losses.
Do you use a similar strategy in your trades, or are you thinking of trying this approach out?
Here's a quick breakdown of the steps:
Hedge with Opposite Positions: When you take a 10x leverage long, opening a 5x short simultaneously gives you a buffer if the market moves against you.
Confirmation & Adjustment: Once you see the breakout confirm, adding more to your long position (while closing the short) allows you to ride the trend up with maximized profit.
Reverse Setup: For a bearish scenario, the reverse approach gives you the same protection and opportunity to pivot quickly.
And yes, setting stop-loss orders is key! Even with hedging, leveraging without a clear risk management plan can still lead to significant losses.
Do you use a similar strategy in your trades, or are you thinking of trying this approach out?
#XRPETFIncoming? It sounds like there might be some confusion around the term "ETFI." If you were referring to a specific XRP-based ETF (Exchange-Traded Fund) or a DeFi-related initiative involving XRP, there are some exciting developments, such as the potential approval of a spot XRP ETF that could allow investors to gain exposure to XRP without directly holding the token.
If "ETFI" refers to something else entirely, like a token or project associated with XRP or decentralized finance, more context would help clarify things. Is there a specific DeFi platform or financial product you had in mind that uses XRP?
If "ETFI" refers to something else entirely, like a token or project associated with XRP or decentralized finance, more context would help clarify things. Is there a specific DeFi platform or financial product you had in mind that uses XRP?
BlockchainBaller
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Bullish
A big congratulations to all my followers! As I mentioned earlier, #QTUM has reached an ATH🚀💥 $QTUM /USDT: Skyrocketing to New Highs.... $QTUM has surged to $3.99, posting a remarkable 39.10% gain within 24 hours. The momentum shows no signs of slowing down as the price nears its daily high of $4.09.
Key Levels to Watch:
Resistance: $4.10 – A breakout above this level could propel QTUM to $4.30 and potentially $4.50.
Support: $3.60 – Holding above this level is critical for sustaining the uptrend.
Indicators:
RSI: At 98.6, signaling extremely overbought conditions. A pullback is likely.
MACD: Strong bullish crossover, confirming momentum strength.
Trade Setup:
Long Entry: Above $4.10, targeting $4.30 and $4.50.
Short Entry: Below $3.60, aiming for $3.30 and $3.10.
💡 Pro Tip: With RSI at overbought levels, expect potential profit-taking. Tighten your stop-losses or take partial profits as QTUM approaches key resistance. Watch for volume confirmations before re-entering!
#DeepSeekImpact
Key Levels to Watch:
Resistance: $4.10 – A breakout above this level could propel QTUM to $4.30 and potentially $4.50.
Support: $3.60 – Holding above this level is critical for sustaining the uptrend.
Indicators:
RSI: At 98.6, signaling extremely overbought conditions. A pullback is likely.
MACD: Strong bullish crossover, confirming momentum strength.
Trade Setup:
Long Entry: Above $4.10, targeting $4.30 and $4.50.
Short Entry: Below $3.60, aiming for $3.30 and $3.10.
💡 Pro Tip: With RSI at overbought levels, expect potential profit-taking. Tighten your stop-losses or take partial profits as QTUM approaches key resistance. Watch for volume confirmations before re-entering!
#DeepSeekImpact
$STPT
This STPT short setup looks well-structured, especially with the overbought RSI and bearish MACD crossover signaling a potential pullback. If the price fails to break above $0.07700, it could confirm rejection and lead to a move toward $0.07000 and below.
The risk-to-reward ratio is solid, and the tight stop-loss at $0.07700 helps manage downside risk. Watching volume and price action near resistance will be key—if selling pressure increases, the trade could play out well.
Are you planning to enter now, or waiting for more confirmation of the rejection?
#CzechBitcoinReserve? #XRPETFIncoming? #Write2Earn
This STPT short setup looks well-structured, especially with the overbought RSI and bearish MACD crossover signaling a potential pullback. If the price fails to break above $0.07700, it could confirm rejection and lead to a move toward $0.07000 and below.
The risk-to-reward ratio is solid, and the tight stop-loss at $0.07700 helps manage downside risk. Watching volume and price action near resistance will be key—if selling pressure increases, the trade could play out well.
Are you planning to enter now, or waiting for more confirmation of the rejection?
#CzechBitcoinReserve? #XRPETFIncoming? #Write2Earn
$COTI
#XRPETFIncoming? COTI's setup looks strong, especially with a bullish RSI and MACD crossover signaling continued upward momentum. If it clears $0.11000 with good volume, the next targets at $0.11500 and $0.12000 seem achievable.
The stop-loss at $0.09800 provides a good safety net in case of a pullback. Watching for sustained buying pressure will be key—if BTC and the broader market stay bullish, this could play out well.
Are you looking to enter within the entry zone now, or waiting for confirmation above $0.11000?
#XRPETFIncoming? COTI's setup looks strong, especially with a bullish RSI and MACD crossover signaling continued upward momentum. If it clears $0.11000 with good volume, the next targets at $0.11500 and $0.12000 seem achievable.
The stop-loss at $0.09800 provides a good safety net in case of a pullback. Watching for sustained buying pressure will be key—if BTC and the broader market stay bullish, this could play out well.
Are you looking to enter within the entry zone now, or waiting for confirmation above $0.11000?
#PCEInflationWatch $PEOPLE
PEOPLE’s bullish setup looks solid, especially with RSI and MACD signaling continued momentum. If volume picks up and it holds above $0.03550, a push toward $0.03700 and $0.03900 seems likely.
The tight stop-loss at $0.03150 is a good risk-management strategy in case of a sudden pullback. Watching volume and market sentiment will be crucial—if BTC or broader crypto markets remain bullish, this trade could play out well.
Are you planning to enter now, or waiting for confirmation above $0.03550?
PEOPLE’s bullish setup looks solid, especially with RSI and MACD signaling continued momentum. If volume picks up and it holds above $0.03550, a push toward $0.03700 and $0.03900 seems likely.
The tight stop-loss at $0.03150 is a good risk-management strategy in case of a sudden pullback. Watching volume and market sentiment will be crucial—if BTC or broader crypto markets remain bullish, this trade could play out well.
Are you planning to enter now, or waiting for confirmation above $0.03550?
This setup looks promising, especially with NEIRO maintaining bullish momentum and a favorable risk-to-reward ratio. If volume confirms the breakout above $0.00066000, it could quickly push toward $0.00070000.
The tight stop-loss at $0.00062000 is a good way to limit downside risk, especially if the breakout attempt fails. Watching for increasing volume and strong candle closes above resistance will be key indicators for further upside.
Are you looking to enter this trade now, or waiting for more confirmation?
$NEIRO
#Write2Earn #XRPETFIncoming?
The tight stop-loss at $0.00062000 is a good way to limit downside risk, especially if the breakout attempt fails. Watching for increasing volume and strong candle closes above resistance will be key indicators for further upside.
Are you looking to enter this trade now, or waiting for more confirmation?
$NEIRO
#Write2Earn #XRPETFIncoming?
$BNB
BNB’s uptrend looks strong, and this setup offers a good risk-to-reward ratio. The RSI and MACD signals suggest bullish momentum, and if volume spikes above $710, it could push toward $740 quickly.
A tight stop-loss at $660 is smart to manage risk, especially if BTC or the broader market experiences volatility. Watching the $710 breakout level closely will be key—if BNB struggles there, a short-term pullback could happen before the next leg up.
Are you planning to enter this trade, or are you waiting for confirmation above $710?
#CzechBitcoinReserve?
BNB’s uptrend looks strong, and this setup offers a good risk-to-reward ratio. The RSI and MACD signals suggest bullish momentum, and if volume spikes above $710, it could push toward $740 quickly.
A tight stop-loss at $660 is smart to manage risk, especially if BTC or the broader market experiences volatility. Watching the $710 breakout level closely will be key—if BNB struggles there, a short-term pullback could happen before the next leg up.
Are you planning to enter this trade, or are you waiting for confirmation above $710?
#CzechBitcoinReserve?
This setup has a favorable risk-to-reward ratio, especially with QTUM showing overbought conditions on the RSI and a bearish MACD crossover. The tight stop-loss at $3.550 minimizes risk while targeting decent profit levels.
However, as with all short trades, timing and market conditions are crucial. Watching the volume is a great tip; declining volume at resistance could confirm a reversal, while a spike might indicate a breakout.
Do you plan on taking this short trade, or are you more focused on longer-term positions?
#Write2Earn
$QTUM
However, as with all short trades, timing and market conditions are crucial. Watching the volume is a great tip; declining volume at resistance could confirm a reversal, while a spike might indicate a breakout.
Do you plan on taking this short trade, or are you more focused on longer-term positions?
#Write2Earn
$QTUM
That 162 trillion SHIB resistance zone is a major test for bullish momentum. If buyers can push through, it could trigger a strong breakout, possibly towards the next psychological levels at $0.000025 or even $0.00003. But if SHIB struggles at this range, we might see consolidation or a pullback before another attempt.
The ShibTorch V2 upgrade could help drive positive sentiment, especially if it accelerates the SHIB burn rate. Less supply over time could support price appreciation, but demand still needs to grow.
Are you expecting SHIB to break through this resistance soon, or do you think it'll take more time?
#XRPETFIncoming?
The ShibTorch V2 upgrade could help drive positive sentiment, especially if it accelerates the SHIB burn rate. Less supply over time could support price appreciation, but demand still needs to grow.
Are you expecting SHIB to break through this resistance soon, or do you think it'll take more time?
#XRPETFIncoming?
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