General Trend: The price witnessed a sharp decline followed by a rebound and partial recovery.
Strong Support: 3,050 - 3,100 USDT (if broken, we may witness a larger decline).
Strong Resistance: 3,250 - 3,300 USDT (if broken, we may witness a new rise).
Relative Strength Index (RSI): around 50.32, indicating a balanced market without overbought or oversold.
Trading Volume: High, indicating strong activity in the market.
3. Market Trend:
Buy: 70.90% (positive indicator of investors' willingness to buy).
Sell: 29.10% (low selling pressure compared to buying).
4. Recommendations:
✅ Potential buying opportunity if the price stabilizes above 3,200 USDT, targeting 3,300 - 3,350 USDT. ❌ Possible downside correction if the price drops below 3,100 USDT, with a potential to reach 3,050 USDT. 🎯 Holding the coin (HODL) is possible for long-term investors due to the overall positive trend.
Technical analysis is one of the basic tools used in analyzing financial markets. This type of analysis relies on studying historical data of price movements and trading volume to help investors and traders make informed decisions about buying and selling. This is done by using a set of tools and indicators that help predict future price trends.
$SOL SOL ETF is an idea that allows people to invest in Solana without buying the coin itself. Instead of buying SOL directly, you can buy a share in this fund on the exchange like any other stock.
#SOLETFsOnTheHorizon SOL Exchange Traded is an idea to enable people to invest in Solana without buying the coin itself. Instead of buying SOL directly, you can buy a share in this fund on the exchange like any other stock.
$TRUMP #MELANI The Melania Meme (MELANIA) token has seen sharp fluctuations in its value in recent days. After hitting a high of $57, it has dropped significantly to $4.64, recording a drop of over 50% in 24 hours.
The coin is currently trading at $3.42. These fluctuations are attributed to multiple factors, including Binance’s announcement of support for USDT-pegged perpetual futures for MELANIA, which has led to increased interest and a 76% surge in its value in a short period.
$TRUMP #MELANI There is a relatively strong rise in the Milan currency. We must wait for what is coming from the Trump currency without rushing to judge it.
$TRUMP When buying any new currency, you must have a solid strategy so that you do not put all your money in the wind. You must gradually buy so that if the currency declines, you have some money left to strengthen it, just like we do with gold. We buy at every price so that it is an average of many prices. When it rises by a small amount, you will have compensated for your money, my friend. Thank you. #الاستثمار Think
$TRUMP I will not tell you to buy or sell, but if you are one of the good people who buy from high areas, you must strengthen in low areas so that the average purchase is low, and when it rises by small percentages, you will have compensated for your money.
#USConsumerConfidence #USConsumerConfidence #USConsumerConfidence The Consumer Confidence Index is an economic measure used to assess how optimistic or pessimistic consumers are about the general state of the economy and its future. This index is an important tool for economic policymakers, businesses, and investors, as it reflects the level of confidence individuals have in their purchasing power and future financial situation. The Importance of the Consumer Confidence Index The Consumer Confidence Index reflects individuals' view of the economy, and it plays a pivotal role in predicting consumer behavior. When the index is high, it means that consumers feel optimistic about their jobs and economic incomes, which leads to increased consumer spending. However, if the index is low, it may indicate consumer anxiety, which prompts them to reduce spending and increase saving. Since consumption constitutes a large part of economic activity in many countries, this index is a key indicator for determining economic growth trends