Binance is not shutting down its entire Peer-to-Peer (P2P) trading platform. However, it is discontinuing the P2P Cash Zone feature, which allows users to buy and sell cryptocurrencies for cash in person with registered merchants. This service will officially close on March 31, 2025.
Key Dates to Note:
Until March 25, 2025, 23:59 UTC+0: You can place new orders in the P2P Cash Zone.
After March 25, 2025: No new orders will be accepted in the Cash Zone.
By March 31, 2025, 23:59 UTC+0: The P2P Cash Zone will be fully closed.
Alternative Options:
Despite the closure of the Cash Zone, Binance's P2P platform remains operational with other payment methods. You can continue trading cryptocurrencies using various digital payment options available on the platform.
Recommendation:
To ensure a smooth transition, consider exploring and setting up alternative payment methods on Binance's P2P platform before the Cash Zone service ends. This proactive approach will help you continue your trading activities without interruption.
For more details, you can refer to Binance's official announcement on this update.
$HMSTR /USDT – EXTENDED DOWNTREND WITH WEAK BOUNCE ATTEMPTS PRICE BELOW KEY RESISTANCE ZONE SELL PRESSURE STILL DOMINANT
$HMSTR /USDT is currently trading at $0.001063, down 14.14% today and nearly 47% in the last 7 days. The price recently bounced slightly from the $0.001032 low but is failing to reclaim the psychological resistance at $0.001100–0.001150.
Volume is relatively high with 22.94B HMSTR traded in the last 24h, suggesting panic exits or large-scale redistribution.
🔻 Trade Setup: Bearish continuation expected. If the price fails to reclaim $0.001150, a breakdown below $0.001030 could trigger a further drop towards the $0.00090–0.00080 zone.
📉 Market Outlook: Sentiment remains bearish with no strong reversal signals. Avoid longs until a clear structure forms and price reclaims the $0.001250 level with volume confirmation.
$COOKIE /USDT CRASHES BELOW KEY INTRADAY LEVEL HEAVY SELL-OFF PRESSURING SUPPORT ZONE SHORT-TERM MOMENTUM REVERSES BEARISH
$COOKIE has plunged to $0.2141, dropping over 17% today and breaking below the critical intraday level of $0.2200. It’s now hovering just above the 24h low of $0.2132, indicating strong selling momentum.
Trade Setup: Bearish bias remains valid. A short opportunity is active below $0.2200, targeting the psychological level of $0.2000. A recovery above $0.2300 would weaken the bearish structure.
Market Outlook: Despite strong 90-day gains, today’s sharp drop suggests a short-term trend reversal. Price must consolidate above $0.2200 to regain strength; otherwise, expect further downside if volume remains high on red candles.
$KAITO /USDT SHARP DROP BELOW $1.55 SUPPORT INTRADAY BEARS IN CONTROL MID-TERM TREND TURNING NEUTRAL
$KAITO has broken below the key support at $1.55 and is currently trading around $1.5056, down over 14% today. This breakdown reflects strong selling pressure, with price nearing the intraday low of $1.4849.
Trade Setup: Avoid longs for now. A short-term short position can be considered with a stop above $1.56 and target near $1.45, provided weakness continues. Only a strong reclaim of $1.60 may invalidate the short bias.
Market Outlook: Momentum is weak with volume increasing on the sell side. If $1.48 fails to hold, further downside toward $1.40–$1.35 is likely. Monitor for bounce signals only after consolidation.
$PAXG is trading at $3,404, up 1.71% in the last 24 hours, with a high of $3,428.61 and low of $3,337.60. The hourly chart shows a strong uptrend with higher lows forming consistently, suggesting bullish momentum.
Trade Setup: Consider a long position on breakout above $3,430 with targets near $3,470–3,500. Stop-loss can be placed below $3,370 support.
Market Outlook: If gold continues its upward trend, PAXG could mirror that move. Watch for volume confirmation at resistance.
$DEGO /USDT – BOUNCE ATTEMPT AFTER SHARP DRAWDOWN WEAK RECOVERY IN PROGRESS STRONG RESISTANCE NEAR $1.27–$1.29 ZONE
$DEGO is showing a minor rebound after a steep downtrend, gaining +1.79% today. Despite this, the broader trend remains bearish, with the pair still down over -10% in the last 7 days and nearly -70% over the past 6 months.
Price is currently trading around $1.24 after testing a daily high of $1.275. This bounce lacks strong volume confirmation and is approaching a key resistance zone between $1.27 and $1.29. A failure to break above this area could trigger renewed selling pressure.
Trade Setup: Wait for rejection near resistance for a possible short entry, targeting support near $1.21–$1.20. Bullish confirmation only above $1.30.
Market Outlook: Bearish bias remains unless DEGO reclaims and sustains above the $1.30 level with increased volume.
$FUN /USDT CONSOLIDATING NEAR RESISTANCE PRICE SHOWS STRENGTH WITH RISING VOLUME BREAKOUT POSSIBLE ABOVE KEY LEVEL
$FUN /USDT is currently trading around $0.004005, showing a +2.40% gain in the past 24 hours. Price is consolidating just below the short-term resistance zone of $0.00405–$0.00410, after bouncing from the $0.00382 support. The increasing 24h volume (over 741M FUN) suggests building momentum.
Trade Setup: Watch for a bullish breakout above $0.00410 to confirm a potential long entry, with targets at $0.00425 and $0.00440. If price fails to break out, expect a pullback to the support region of $0.00385–$0.00382.
Market Outlook: Bullish bias in the short term, but confirmation needed with breakout above resistance.
$SOLV /USDT SHOWING CONTINUED STRENGTH — BULLS EYEING NEXT RESISTANCE UPTREND SUSTAINS AS BUYERS DOMINATE THE RANGE
$SOLV /USDT has gained over 5.5% in the last 24 hours, currently trading around $0.04617 after reaching a daily high of $0.04716. The rising volume (126M SOLV) paired with steady price action signals strong bullish sentiment in this DeFi token.
🔹 Trade Setup:
LONG bias remains intact as long as price stays above $0.045. Immediate resistance sits at $0.0475, with a potential upside target toward $0.050. Suggested stop loss for bulls is below $0.043 to protect capital.
🔹 Market Outlook:
The 15-minute and 1-hour candles are forming higher lows, confirming trend continuation. A break above $0.0475 could trigger fresh momentum, especially if volume continues to build. Watch for breakout confirmation above recent highs.
$ARDR /USDT BREAKOUT IN PLAY — STRONG BULLISH MOMENTUM PRICE SURGES ABOVE RESISTANCE VOLUME SPIKE CONFIRMS BUYING PRESSURE
$ARDR /USDT has shown a strong bullish breakout, climbing over 10% in the last 24 hours and breaking above the resistance level near $0.094. The pair touched a high of $0.10255, with volume exceeding 97.8M ARDR, signaling strong market interest.
🔹 Trade Setup:
LONG position favored above $0.094, with targets at $0.102 and $0.104, and a stop loss below $0.090 to manage risk.
🔹 Market Outlook:
Momentum indicators and the sharp spike in volume suggest continued bullish momentum in the short term. If price sustains above $0.098, we could see further upside movement. Watch for potential resistance at $0.104–0.106 range.
$ARDR /USDT BREAKOUT IN PLAY — STRONG BULLISH MOMENTUM PRICE SURGES ABOVE RESISTANCE VOLUME SPIKE CONFIRMS BUYING PRESSURE
$ARDR /USDT has shown a strong bullish breakout, climbing over 10% in the last 24 hours and breaking above the resistance level near $0.094. The pair touched a high of $0.10255, with volume exceeding 97.8M ARDR, signaling strong market interest.
🔹 Trade Setup:
LONG position favored above $0.094, with targets at $0.102 and $0.104, and a stop loss below $0.090 to manage risk.
🔹 Market Outlook:
Momentum indicators and the sharp spike in volume suggest continued bullish momentum in the short term. If price sustains above $0.098, we could see further upside movement. Watch for potential resistance at $0.104–0.106 range.
$HOME /USDT BREAKS KEY RESISTANCE WITH STRONG VOLUME SUPPORT
NEW BULLISH PATTERN FORMING AS BUYERS GAIN CONTROL
MOMENTUM BUILDING FOR ANOTHER LEG TO THE UPSIDE
$HOME /USDT pair has posted a solid recovery, now trading at $0.03318, up 21.41% in the last 24 hours. After weeks of consolidation near the lower support zones, the pair has broken out of the $0.03100 resistance level, confirming the beginning of a bullish structure.
Trade Setup: Long Bias
The breakout above resistance is supported by heavy volume (346.64M HOME and $12.03M USDT) and a clean trend shift on lower timeframes. As long as HOME stays above $0.03100, long positions remain favorable.
Support: $0.03100
Resistance: $0.03600 → $0.03700
Next Target: $0.04000+
Outlook:
$HOME /USDT is entering a bullish phase backed by strong momentum and volume. If price sustains above support and breaks above the $0.03700 resistance, further upside is likely. Bulls are in control for now, with no signs of reversal on short-term charts.
$INIT /USDT STRUGGLES TO HOLD SUPPORT AMID BEARISH PRESSURE – FURTHER DOWNSIDE POSSIBLE
$INIT /USDT pair has seen intense selling pressure over the last 24 hours, plunging 21.73% to trade at $0.5661. This marks a steep 55.44% decline over the past 30 days, clearly indicating a strong downtrend.
Key Technical Points:
Support Zone: Immediate support lies near $0.5500, which aligns with today’s low of $0.5516. A breakdown below this zone could push INIT toward $0.5000 psychological level.
Resistance Levels: On the upside, the nearest resistance is around $0.6000, followed by $0.6500. The daily high at $0.7320 will act as a major hurdle if any recovery starts.
Volume Analysis: High trading volume (26.70M INIT) indicates strong activity, likely driven by panic selling or large-scale distribution. USDT volume stands at $17.09M, supporting this view.
Short-Term Trend: The 1H and 4H candles show lower highs and lower lows, reinforcing bearish momentum. No strong reversal patterns are evident yet.
Price Action Outlook: If bulls fail to defend the $0.5500 support, the pair could see further declines. However, a bounce from this zone could lead to a short-lived relief rally toward $0.6000-$0.6500.
Conclusion:
$INIT /USDT is currently in a clear bearish trend, with potential to slide further if key support levels break. Caution is advised for long positions unless a confirmed reversal or bullish structure emerges.
$HMSTR /USDT TECHNICAL ANALYSIS: SHARP DUMP SIGNALS SELL-OFF AS PRICE BREAKS KEY SUPPORT
$HMSTR /USDT pair is trading at $0.001071, posting a massive -26.89% drop in the last 24 hours, marking it one of the worst-performing gaming tokens today. After a failed attempt to hold above the $0.001471 high, the price collapsed to a daily low of $0.001039, barely holding above critical psychological support.
🔹 Key Technical Highlights:
Short-Term Trend: Strong bearish breakdown with no immediate signs of reversal.
Resistance Levels: Closest resistance now lies at $0.001200, followed by the breakdown zone at $0.001300–$0.001400.
Support Levels: Price is barely holding above $0.001039; if broken, next supports lie at $0.001000 and $0.000950.
Volume Spike: Massive 24h volume of 25.20B HMSTR (≈ $30.32M USDT) confirms panic selling and capitulation pressure.
📊 Performance Summary:
Today: -13.41%
7 Days: -46.72%
30 Days: -58.17%
90 Days: -49.88%
180 Days: -69.73%
🧠 Market Outlook:
This sharp decline indicates a high-risk environment, with no clear reversal structure visible yet. While some short-term relief may occur from oversold levels, the overall trend remains decisively bearish unless the price can reclaim $0.001200+ with sustained buying volume.
Traders should avoid bottom-fishing without strong reversal confirmation. Selling may continue if $0.001000 fails.
$STEEM /USDT TECHNICAL ANALYSIS: BEARISH PRESSURE BUILDS AS SUPPORT NEARS BREAKDOWN LEVEL
$STEEM /USDT pair is currently trading at $0.1369, marking a -3.11% drop in the last 24 hours. The price has slipped close to its 24h low of $0.1364, showing signs of weakening momentum after failing to sustain above the $0.1421 high.
🔹 Key Technical Highlights:
Trend Direction: Bearish, with price forming lower highs and testing key support levels.
Resistance Zone: Immediate resistance at $0.1400, with stronger selling expected near $0.1420–$0.1440.
Support Levels: Current support lies at $0.1360; if broken, next downside targets are $0.1320 and $0.1280.
Volume Insight: 24h volume stands at 2.24M STEEM (≈ $312K USDT), reflecting low interest and a lack of bullish conviction.
📊 Performance Summary:
Today: -1.79%
7 Days: -0.58%
30 Days: -12.64%
90 Days: +7.29%
180 Days: -48.12%
1 Year: -40.45%
🧠 Market Outlook:
The price action suggests a continuation of the bearish trend unless buyers step in strongly near the current support. A decisive drop below $0.1360 could accelerate selling, targeting new local lows. Bulls must reclaim and hold above $0.1400 to stabilize the structure.
Until then, caution is warranted—market favors sellers in the near term.
$SOPH /USDT TECHNICAL ANALYSIS: BULLISH BUILDUP AS PRICE CONSOLIDATES NEAR KEY BREAKOUT LEVEL
$SOPH /USDT pair is currently trading at $0.05167, posting a +1.33% gain in the last 24 hours. After bouncing from the 24h low of $0.04940, the price is now approaching a crucial resistance zone near $0.05274, which also marks the 24h high.
🔹 Key Technical Highlights:
Short-Term Trend: Bullish consolidation, forming a potential breakout structure on the hourly chart.
Resistance Levels: Immediate resistance sits at $0.05274, followed by a psychological barrier at $0.05350.
Support Levels: Strong support lies around $0.05000, with secondary support near $0.04940.
Volume Insight: 24h volume stands at 112.03M SOPH (≈ $5.69M USDT), signaling healthy trading activity and growing interest in the Layer 1/Layer 2 sector.
📊 Market Momentum:
The price is consolidating above the short-term moving averages, suggesting that bulls are preparing for another move higher. Volume remains steady, and structure indicates accumulation rather than distribution.
🧠 Market Outlook:
If SOPH can break above $0.05274 with strong volume, it may rally toward $0.05500 or even $0.05700 in the near term. Failure to break out may lead to a retest of $0.05000, which should be monitored closely for support strength.
Bullish bias remains intact unless price drops below $0.04900. Traders should watch for breakout confirmation.
$PSG /USDT TECHNICAL ANALYSIS: FAN TOKEN SHOWS MINOR RECOVERY BUT BEARS STILL CONTROL THE TREND
$PSG /USDT pair is currently trading at $1.868, reflecting a modest +1.41% gain in the last 24 hours. Price action shows a short-term bounce from the recent low of $1.816, while the daily high remains capped at $1.943—highlighting selling pressure near resistance zones.
🔹 Key Technical Highlights:
Short-Term Trend: Attempting recovery after consistent weekly declines.
Resistance Levels: Key resistance is seen near $1.920–$1.943. A clear breakout above this range is needed for bullish continuation.
Support Levels: Immediate support lies at $1.840, followed by stronger support around $1.800.
Volume Insight: Trading volume over 24h reached 1.49M PSG (≈ $2.80M USDT), suggesting moderate interest during the bounce.
📊 Performance Summary:
Today: +0.97%
7 Days: -7.16%
30 Days: -23.42%
90 Days: -12.63%
180 Days: -48.52%
🧠 Market Outlook:
Despite the short-term uptick, $PSG /USDT remains under pressure in the broader downtrend. A break and close above $1.943 with increased volume would signal a possible trend reversal. However, if the price fails to hold above $1.860, a retest of $1.800 is likely.
Caution is advised — current movement may be a temporary relief bounce unless key resistances are broken.
$ACX /USDT TECHNICAL ANALYSIS: SHORT-TERM BOUNCE BUT LONG-TERM DOWNTREND STILL DOMINATES
$ACX /USDT pair is currently trading at $0.1859, showing a 3.85% gain in the last 24 hours and appearing among the top DeFi gainers. Despite the recovery from a daily low of $0.1790, the pair remains well below its recent high of $0.2030, indicating resistance pressure around that level.
🔹 Key Technical Highlights:
Short-Term Trend: Mild bullish bounce from oversold levels.
Resistance Zone: Major resistance seen at $0.2000–$0.2030. A breakout above this could signal trend reversal.
Support Levels: Immediate support at $0.1790, followed by a key level at $0.1700.
Volume Insight: 24h volume stands at 35.79M ACX, totaling around $6.88M USDT, suggesting moderate market activity.
📊 Performance Summary:
Today: -3.23% (intraday gain hasn't fully recovered previous loss)
7 Days: -5.35%
30 Days: -28.80%
90 Days: -18.96%
180 Days: -76.75%
🧠 Market Outlook:
Although the pair is showing short-term strength, the overall trend remains bearish across all higher timeframes. A strong and sustained breakout above $0.2030 is needed to reverse sentiment. Until then, any rally may be limited to relief bounces, especially if it fails to hold above $0.1850.
Traders should remain cautious, waiting for trend confirmation before aggressive positioning.
$ANIME /USDT pair is trading at $0.03127, posting a 7.64% gain in the last 24 hours, marking it as one of the top NFT gainers on Binance today. After bottoming at $0.02887, the price sharply rebounded, reaching an intraday high of $0.03207, signaling bullish momentum.
🔹 Key Technical Highlights:
Intraday Trend: Bullish reversal with strong buying from support zone near $0.029.
Resistance Levels: Immediate resistance at $0.03207, followed by a potential breakout target at $0.03250.
Support Levels: Local support has formed around $0.03050, with stronger support at $0.03000.
Volume Activity: With 1.27B ANIME traded in the last 24 hours (≈ $38.73M), the high volume confirms active interest in the current bounce.
📊 Performance Summary:
Today: +1.07%
7 Days: -9.13% (recovering losses)
30 Days: +55.96%
90 Days: +78.18%
🧠 Market Outlook:
The pair is currently in short-term recovery mode, backed by strong volume. A confirmed breakout above $0.03250 may trigger a rally toward $0.03400, while failure to sustain above $0.03100 could lead to a retest of $0.03000. Momentum favors bulls, but watch for consolidation before continuation.
Aggressive traders may look for entries on dips, while cautious traders should await confirmation above resistance.
$FUN /USDT pair is currently trading at $0.003957, showing a 1.00% gain in the last 24 hours. After a brief dip to $0.003824, bulls pushed the price close to the key resistance at $0.004060, which is also the 24h high.
🔹 Key Technical Highlights:
Short-term Trend: Bullish, with higher lows visible on intraday charts.
Resistance Zone: Strong resistance seen around $0.0040–$0.00406, where price has repeatedly faced selling pressure.
Support Levels: Immediate support lies near $0.00385, followed by $0.00380, a zone that has previously seen buying interest.
Volume Spike: 24h trading volume stands at 747M FUN, indicating active market participation, mostly favoring buyers.
📊 Performance Summary:
Today: +1.38%
7 Days: +16.92%
30 Days: -27.39%
90 Days: +104.12%
180 Days: -25.38%
🧠 Market Outlook:
The short-term sentiment remains bullish, but the price is testing a crucial resistance. A clear breakout above $0.00406 with strong volume could open the door toward $0.00420 and $0.00450 next. Failure to break this zone may lead to a pullback toward $0.00385 before another upward attempt.
Traders should watch for consolidation or breakout confirmation before entering new positions.
$PEPE /USDT TECHNICAL ANALYSIS: BEARS PRESSURE AS SUPPORT ZONE NEARS BREAKDOWN
$PEPE /USDT pair is currently showing bearish momentum, trading at 0.00001242, down 0.56% on the day. The price is hovering just above a key support level at 0.00001235 – 0.00001221, with consistent lower highs forming around 0.00001400 and 0.00001388, indicating weakening buyer strength.
🔍 Key Observations:
Resistance Levels:
Major resistance at 0.00001400, tested but not broken.
Minor resistance zones at 0.00001380 – 0.00001388 where selling pressure has increased.
Support Levels:
Immediate support at 0.00001221, the last defensive zone before a potential drop to 0.00001200.
Stronger psychological support at 0.00001200, where bulls may attempt a bounce.
Order Book Insight:
Tight spread with SELL wall at 0.00001242 and BUY interest at 0.00001241 reflects indecision.
Larger volumes have been observed between 0.00001360 down to 0.00001200, suggesting accumulation or slow distribution.
Short-Term Outlook:
If 0.00001221 breaks, expect downward momentum towards 0.00001200 and possibly 0.00001180.
On the upside, a break above 0.00001300 and a close above 0.00001340 could signal a short-term reversal.
📊 Verdict:
As of now, bears remain in control, and unless PEPE defends the 0.00001220–0.00001200 support zone, the market may witness further downside. Caution is advised until a clear bullish signal emerges.