The cryptocurrency market is witnessing a healthy fluctuation after recent movements, with investors continuing to monitor key support areas before any upcoming rally.
🔹 Key points today:
Liquidity is relatively stable with reduced selling pressure.
The market is still affected by macro news and risk management is essential.
Projects with real activity are the most resilient.
🔹 Currencies under observation:
LUNC: Continued burning mechanism reduces supply and supports price stability
SHIB: Ecosystem growth and anticipation of any updates related to burning
XRP: Any legal development could have a direct impact on price movement
FLOKI: Expansion in use cases enhances community interest
🔹 Strategy of the day 🎯
> Trading without a plan is an uncalculated risk
Define entry point, stop loss, and take profit before any decision
⚠️ Alert:
This content is for educational purposes only and not investment advice.
💬 Open discussion:
Do you think the market is ready for a bullish breakout or does it still need more correction?
#Binance #BinanceSquare #CryptoMarket #Altcoins #Bitcoin #RiskManagement
