Apple Entry Plan: • Buy Zone: $200–$202 (wait for a bounce or bullish candle confirmation within this area) • Stop Loss: Below $195 (to account for possible false breakouts but protect from a trend reversal) • Target 1: $212 (recent swing high) • Target 2: $220–$224 (next major resistance)
⸻
Risk-Reward Ratio: • Risk: ~$5–7 • Reward: ~$12–22 • R:R = 1:2 or better depending on entry and exit precision
GMT/USDT – Weekly Candle Outlook (Technical Analysis)
GMT has shown signs of a potential bottom reversal after a prolonged downtrend, bouncing from a low of $0.03630 and currently trading around $0.06108. This recent upward move represents a +7.08% gain, with increasing volume—suggesting a possible shift in sentiment.
Key Technical Indicators: • 7-Week MA ($0.05088) is now curving upward and being respected as support. • Price is attempting to reclaim the 25-Week MA ($0.10562), which could act as the next resistance. • Volume spikes suggest accumulation, with buyers slowly overpowering sellers (Bid: 56.90% vs. Ask: 43.10%). • Historical resistance sits around $0.09 – $0.10, which could be tested if momentum continues.
Short-Term Candle Behavior Prediction: Expect the next few weekly candles to show higher lows and potentially higher highs, especially if the price closes above the $0.065 resistance. A breakout above the 25-week MA may trigger further bullish momentum.
Been quietly watching this one for a while… That bounce from the bottom at 0.02006 to 0.12126 is no joke — over 500% gain in just weeks. Weekly volume spike and reclaim of MA(7) looks promising. Not financial advice, but definitely keeping this on my radar.
Token Conversion to USDC: Binance completed the conversion of select token balances, including VAI, TORN, and OMG, to USDC. This move is part of Binance’s ongoing efforts to streamline its token offerings and enhance liquidity.
DOGE/USDT MACD and RSI confirmation in the coming weeks will be key for momentum direction👍 Given the current consolidation and support hold, the next weekly candle could likely be bullish or neutral with a slight upward bias, especially if trading volume picks up and no major downside volatility hits the market👊🏻
Just noticed some interesting action on the SIGN/USDT perpetual pair today. Current price is sitting at $0.07683, with a healthy +2.71% uptick. In the past 24 hours, we’ve seen a range between $0.06730 and $0.08879, showing some serious volatility!
What really caught my attention was the massive spike in volume — over 4.81 billion SIGN traded — which could be a sign that something bigger might be brewing. #SIGNUSDT #Trading #Binance #CryptoTrading