According to BlockBeats, data from Coinglass reveals that $OM faced liquidations totaling $28.61 million in the past hour. Of this amount, long positions accounted for approximately $28.14 million, while short positions saw liquidations of around $470,000
$TUT/USDT has made a immediate massive 200% upside move and shocked retailers, now retail traders are rushing in to pick up in $TUT but now whales and manipulatiors will dump there positions on retailers,
so now it's time for short in $TUT/USDT with entry at CMP and targets 0.04$ to 0.036$
As per chart it and liquidity grab, it looks market will make upside move but Jerome Powell speech is ahead that will decide what will be market next move.
The $TRBUSDT chart reveals a pronounced downtrend, characterized by consistent lower highs and lower lows. This bearish momentum is underscored by the price action remaining firmly below the EMA34 (Exponential Moving Average 34), a key indicator of trend direction. The EMA34 line itself acts as a dynamic resistance, repeatedly rejecting price attempts to break above it. However, recent price action suggests a potential shift in momentum. We observe a consolidation phase within a defined range
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Price Action : The chart shows a significant upward price movement, particularly in the last few candles. This suggests a strong bullish trend.
Volume : The 24h Turnover is quite high (377.77M), indicating strong trading activity and interest in BMTUSDT.
EMA34 :The EMA34 (Exponential Moving Average 34) is below the current price, which is a bullish signal.
MACD : The MACD line is above the signal line, and both are positive. This confirms the bullish momentum.
Key Levels :
Resistance : The recent high of 0.32338 could act as a resistance level.
Support : The EMA34 (0.14361) and previous consolidation areas could act as support.
Potential Trade Setup
Type : Long (Buy)
Entry :
Aggressive : Enter immediately at the current market price (around 0.24187). This option capitalizes on the strong bullish momentum but carries higher risk.
Conservative : Wait for a pullback to a support level (e.g., near the EMA34 or a previous consolidation area) before entering. This reduces risk but may result in missing the move if it continues without a pullback.
Stop Loss
Below EMA34 : Place the stop loss slightly below the EMA34 (around 0.14361). This provides a buffer in case of a trend reversal.
Below a Recent Low : Place the stop loss below a recent swing low. This offers more flexibility but could result in a larger loss if triggered.
Take Profit :
TP Near Resistance : Target the recent high of 0.32338 as a potential take profit level.
Trailing Stop : Use a trailing stop to capture more profit if the price continues to rise.
Risk Management
Position Size : Only risk a small percentage of your trading capital on this trade.
Risk/Reward Ratio : Aim for a risk/reward ratio of at least 1:2. This means your potential profit should be at least twice your potential loss.
Price is showing a good pump, Current Price is 625$, We have an important trendline resistance at 635$, A break of this level, will give a good push in price. Target can be 650$+ Keep an eye on it.