Recent market analysis indicates continued volatility across major cryptocurrencies. Traders are advised to monitor key support and resistance levels closely amidst evolving global economic factors.
We observe a potential setup with an Entry point identified around specific demand zones. This move requires careful monitoring given current market conditions.
Our suggested Take Profit (TP) target is set at upcoming resistance, while a Stop Loss (SL) below critical support is crucial for effective risk management. Always prioritize capital preservation.
Maintaining a diversified portfolio, including stablecoin holdings, remains a prudent strategy. External economic announcements and political developments, such as those from President Trump, can sometimes influence broader market sentiment and liquidity. Stay informed and trade responsibly. 📈