Don't let the weekend price action trick you!
Sundays are known for market moves because not many people are trading. Often the market goes one way on Sunday just to go the way when New York starts trading on Monday.
Here are the key levels to watch:
* $BTC : It needs to close the candle above $65,500 to stay bullish.
* $BNB : Its showing a lot of strength because of Launchpool demand. A breakout above $600 seems likely soon.
* Other meme coins: They're really volatile. It's risky. Great for traders who like to scalp if Bitcoin stays steady.
My opinion is neutral. I think it's best to wait for Monday to see whats happening before making a move. Smart traders don't get caught up in the excitement on Sunday evenings. They wait for the Monday market movement to settle.
Here's a tip: Keep an eye on the DXY, which's the Dollar Index. If the Dollar stays weak Crypto stays strong.
When trading on the weekend be careful. Use 3x to 5x leverage at most. Make sure you have alerts set so you can react quickly. Like this post if you're ready, for the week! 🔔