Heads up traders... SUI just lifted cleanly off the 1.55 | 林峰链上 on Binance Square

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Heads up traders... SUI just lifted cleanly off the 1.55 support zone and is making some steady green steps.
Entry Zone: 1.55 - 1.58
TP1: 1.68
TP2: 1.80
TP3: 1.90
SL: 1.49
Simple momentum recovery after being oversold.
#BTCVSGOLD  #BinanceBlockchainWeek  #SUI #Binance 
$SUI 
SUIUSDT
Perp
1.5929
-1.37%
 $CLANKER 
CLANKERUSDT
Perp
42.71
-3.24%
 $PIEVERSE 
PIEVERSEUSDT
Perp
0.6092
-17.02%
 

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The 4H trend is Bearish, with the price action consistently finding resistance at the EMA(99). After a brief rally, the price is now consolidating below a confluence of key EMAs (7, 25, and 99), which are acting as a dynamic resistance ceiling. This tight consolidation signals a potential continuation of the prevailing downtrend. The trigger for a short entry is forming as the recent bounce shows signs of exhaustion. On a lower timeframe like the 1H, we would anticipate the RSI to get rejected at the 50 midline. This rejection would confirm that the bullish momentum from the pullback has faded and bears are regaining control at this critical resistance zone. The 4H RSI is already hovering just below 50, indicating underlying weakness and alignment with a bearish thesis. Entering a short now is a high-probability trade because we are aligning with the dominant bearish structure on the 4H chart. The entry point is optimized at a clear resistance level (the EMA cluster) where the risk is well-defined. The failure of the RSI to reclaim bullish territory on a lower timeframe provides the precision needed to time the entry for the next leg down. Actionable Setup Now (SHORT) Entry: market at 90,187 TP1: 89,000 TP2: 86,500 TP3: 80,600 SL: 92,600 ##BTCVSGOLD #BTC $BTC $BOB $ZEC

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Listen up crew... XPL just lifted cleanly off the 0.1590 support zone and is making some steady green steps. Entry Zone: 0.1600 TP1: 0.1700 TP2: 0.1850 TP3: 0.2000 SL: 0.1550 simple momentum recovery after being oversold. ##BTCVSGOLD #XPL $XPL $BANK $ZEC

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ICP Market Update: Price Action, News & What’s Next for Investors

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The 4H trend is Bearish, with price action consistently failing to reclaim and hold above the key EMA(99) resistance band. The recent upward momentum from the 0.3705 low has stalled, resulting in price compression between the short-term EMAs (7 and 25) and the longer-term EMA(99). This consolidation under a major resistance level indicates bullish exhaustion. The trigger for a short entry is the developing weakness on the 1H timeframe. The 1H RSI is showing signs of rejection at the 50 level, failing to establish bullish momentum required to break the overhead 4H resistance. This RSI rejection confirms that sellers are stepping in to defend the key EMA levels. Entering now is a high-probability trade because it aligns with the dominant bearish trend, targeting the next leg down as the price breaks out of its tight consolidation. The risk is well-defined above the resistance cluster. Actionable Setup Now (SHORT) Entry: market at 0.4277 TP1: 0.4150 TP2: 0.4000 TP3: 0.3750 SL: 0.4425 ##BTCVSGOLD #ADA $ADA $MET $PUMP

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