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Not shown, but based on the price action and strong red candle: • Likely in or nearing oversold territory (<30), especially after the sharp drop. • This can indicate a potential short-term bounce, but not a trend reversal on its own.
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📊 2. MACD (Moving Average Convergence Divergence)
Although not visible in the screenshot, based on the price trend: • MACD is likely bearish — it would be crossing below the signal line or already has, given the downtrend. • This supports continued downside momentum unless it flattens or diverges.
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📈 3. EMA (Exponential Moving Averages)
You can infer from the price dropping significantly below recent candles: • The shorter-term EMA (like 9 or 21) is likely curling down. • If price is below both the 21 EMA and 50 EMA, it’s a bearish signal. • A crossover (short EMA dropping below a longer EMA) confirms a short-term bearish trend.
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📉 4. Volume (VOL)
You can toggle this on the right. Volume during the red candle seems relatively high: • A spike in volume on a down candle shows strong selling interest. • If the next few candles continue with high selling volume, it confirms bearish continuation.
🧭 What to Watch Next: • If BTC bounces around $101k–$102k with bullish divergence on RSI, it could be a short-term recovery. • If it fails to reclaim $104k–$105k, that former support becomes resistance, and further downside is possible.
$MELANIA let’s dive into a deeper technical analysis of MELANIAUSDT based on your chart and data.
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🔍 Technical Indicators Breakdown:
📈 Price Action (Candlestick Pattern) • A huge wick up to $0.4005 and immediate retracement shows rejection at higher levels — a typical bull trap or speculative spike. • Price is now stabilizing around $0.3435, but the high volatility indicates uncertainty.
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📊 RSI (Relative Strength Index) • While RSI isn’t directly visible on the chart, from the steep recent move, it’s likely RSI was overbought (>70) at the peak. • With price dropping quickly, RSI is likely falling back into a neutral zone (40–60) — which signals indecision or the start of a correction.
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📉 MACD (Moving Average Convergence Divergence) • Again, not visible on this image, but from the spike and fall, MACD likely shows: • Recent bullish crossover (MACD line crossed above signal line). • But momentum is probably weakening fast, possibly heading toward a bearish crossover soon.
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🔄 Volume • 130.13M MELANIA and 45.84M USDT traded in 24h → very high volume. • Spikes on high volume can mean climax buying — often a signal that the move is exhausted. • If volume drops now, price may continue to fall as hype fades.
⚠️ If You’re Holding: • Consider tight stop-loss just below $0.3140 if you’re long. • If you’re in profit from the pump, this might be a good point to secure gains.
🧠 If You’re Looking to Enter: • Don’t FOMO in now — wait for: • Retest and hold of $0.31–$0.32 support • Or confirmation of another breakout above $0.36 with volume
For the third topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #OrderTypes101 . Order types determine how and when your trade is executed. Each order type serves
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Master Crypto Trading Fundamentals and Unlock Binance Points!
Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
How To Participate: 1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day. 2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic. 3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
Activity Period: 2025-05-29 08:00:00 (UTC) to 2025-06-12 08:00:00 (UTC)
The 10 topics are: · #TradingTypes101: Explore the differences between Spot, Margin and Futures trading. · #CEXvsDEX101: Compare Centralized and Decentralized Exchanges. · #OrderTypes101: Break down the different order types in crypto trading – Market, Limit, Stop-Loss and Take-Profit Orders. · #Liquidity101: Discuss the role of liquidity in crypto trading and its impact on trade execution. · #TradingPairs101: Break down how trading pairs work, and share how you choose the right pairs for your trading strategy. · #CryptoSecurity101: Compare hot and cold wallets, discuss your personal security setup and share best practices for staying SAFU. · #CryptoFees101: Discuss the different fee types in crypto and how you optimize your trades to reduce costs. · #TradingMistakes101: Reflect on your experiences, what you learned, and share advice you’d give to new traders. · #CryptoCharts101: Explore candlestick patterns and chart basics. Share how chart reading has helped your entries or exits. · #TradingTools101: Discuss indicators like RSI, MACD and moving averages.
XRP May and June Prediction In Recent days, we have noticed $XRP price moving up and then settling. There are a lot of discussions on how much the price can move up. Many factors are in play. The upward momentum is indicative of the ongoing regulatory clarity that is still on progress. Every bit of positive news on that will gather more force and optimism and investor confidence. Ripple seems to keep it simple by waiting on the legal clarity while working on retake the market share it lost for long legal drama. On May 19, CME future ETF launch is going to add more liquidity and drive the price more. Also, ripple is managing their eacrow relaese responsibly to not flood the market.
#BinancePizza XRP May and June Prediction In Recent days, we have noticed $XRP price moving up and then settling. There are a lot of discussions on how much the price can move up. Many factors are in play. The upward momentum is indicative of the ongoing regulatory clarity that is still on progress. Every bit of positive news on that will gather more force and optimism and investor confidence. Ripple seems to keep it simple by waiting on the legal clarity while working on retake the market share it lost for long legal drama. On May 19, CME future ETF launch is going to add more liquidity and drive the price more. Also, ripple is managing their eacrow relaese responsibly to not flood the market.
#CryptoRegulation XRP May and June Prediction In Recent days, we have noticed $XRP price moving up and then settling. There are a lot of discussions on how much the price can move up. Many factors are in play. The upward momentum is indicative of the ongoing regulatory clarity that is still on progress. Every bit of positive news on that will gather more force and optimism and investor confidence. Ripple seems to keep it simple by waiting on the legal clarity while working on retake the market share it lost for long legal drama. On May 19, CME future ETF launch is going to add more liquidity and drive the price more. Also, ripple is managing their eacrow relaese responsibly to not flood the market.
$BTC BREAKING: Trump says U.S. is ahead of China in crypto Donald Trump just claimed that America is beating China in the crypto game — but there’s more to the story. While he’s making those bold statements, his family is actually cashing in on their own TRUMPcoin memecoin, which is raising some serious ethical questions. According to a recent New York Times article (May 13, 2025), the profits from TRUMP coin are directly benefiting the Trumps. Even more wild — a struggling company with links to China just bought $300 million worth of TRUMPcoin and Bitcoin. That move might’ve pumped the price, even though the coin doesn’t do much besides hype.