$KAITO – Are the Bulls Back in Charge? 🚀📈 KAITOUSDT Perp Current Price: 1.8421 (-1.38%)
After a steady downtrend, $KAITO has found solid support and is showing signs of a potential reversal. A push above the $1.86 mark suggests that bullish momentum may be making a comeback.
Potential Long Setup: • Entry: $1.8648 • Take Profit: $1.9000 • Stop Loss: $1.8387
A strong breakout above $1.87 could confirm the bulls are back in control — watch closely for a follow-through!
Naoris Protocol, the first quantum-resistant crypto, has launched its highly anticipated token sale! With a successful pre-registration and the backing of industry experts, Naoris is set to secure Web3 against quantum threats. 🌐💪
Binance Moves to Quash $1.76B FTX Lawsuit, Points Finger at SBF for Demise
cryptoupdate.io/2025/05/20/
Binance aims to get a $1.76B lawsuit by the FTX estate dismissed, alleging internal misconduct within FTX led to its downfall, not any actions by Binance. The plot thickens in the world of crypto lawsuits. 💼⚖️📉
Bitcoin is holding strong above the $100K mark, currently trading around $104,793, up 2.32% in the past 24 hours. The day's range spans from $102,411 to $106,705, showing continued volatility as traders eye new highs.
The broader crypto market is rallying, with global market cap reaching $3.34 trillion. Institutional interest is growing, and regulatory clarity—like the U.S. Senate’s progress on the GENIUS Act—is helping fuel optimism.
BTC is now just 4% shy of its all-time high of $109K, making the $100K level a new psychological support zone.
In other news, KULR Technology Group has increased its BTC holdings to 800+, and today marks Bitcoin Pizza Day, celebrating the first real-world BTC transaction in 2010. Bitget is even giving away 5,000+ pizzas worldwide!
Trend Overview: $MUBARAK is showing a strong uptrend on the 1-hour chart, pushing higher with solid bullish candles and minimal pullbacks. It's trading just under its 24-hour high, signaling strong buying pressure and momentum.
Key Levels to Watch:
Support: $0.0520
Resistance: $0.0558 (24H high / breakout level)
Trade Plan:
Entry Zone: $0.0535 – $0.0550
Targets:
TP1: $0.0580
TP2: $0.0620
TP3: $0.0665
Stop Loss: Below $0.0510
Market Sentiment: Volume is soaring (576.90M tokens traded), showing growing interest in $MUBARAK . If price breaks and holds above $0.0558 with volume, we could see a sharp move to new highs.
Pro Tip: For confirmation, wait for an hourly candle to close above $0.0560. Dips between $0.0535–$0.0540 can offer great re-entry points with high reward potential.
Why is Bitcoin's price dropping? 🤔 Sluggish institutional demand, low whale accumulation, and decreased demand for spot Bitcoin ETFs play major roles. Keep an eye on the $80,000 support level! 🧐🔍