Grateful to celebrate 2K followers on Binance Square. My heartfelt thanks to @Richard Teng , @CZ , and the Binance Square team — especially @Daniel (DZ) 🔶 @Karin Veri — for their continuous support and leadership.
A special Thanks and deep appreciation to my community for being the core of this journey.
Bitcoin goes inside the resistance area and likely to be seller taking control now as its on the top of the sideway market. Short term down move will come after a candle closing below $69,200. Once price breaks it we can expect a retest and new higher high.
Exploring the future of decentralized infrastructure with @mira_network. Innovation, scalability, an
Exploring the future of decentralized infrastructure with @mira_network. Innovation, scalability, and strong community vision are what make this project worth watching. Keep an eye on @mira_network as the ecosystem grows and new opportunities emerge in Web3.
Exploring the future of decentralized infrastructure with @mira_network. Innovation, scalability, and strong community vision are what make this project worth watching. Keep an eye on @mira_network as the ecosystem grows and new opportunities emerge in Web3.
Bitcoin is rebounding from the support trendline of an ascending broadening wedge pattern. Currently, it is trading below the 100MA, which is acting as a resistance barrier.
A strong breakout above the 100MA could trigger an upward rally in the market. On the other hand, a breakdown below the wedge support may lead to further correction.
The US Dollar has broken out of a falling wedge pattern and is currently trading below a key resistance trendline.
A breakout above this resistance could trigger further upward momentum in the Dollar.
Alternatively, the price may first revisit the wedge breakout level for a retest before continuing its move.
Given the US Dollar’s typical inverse relationship with the crypto market, this price action may play a crucial role in shaping upcoming crypto trends.
Everyone chased the pump… but $DEGO is showing clear exhaustion.
$DEGO — SHORT
Entry: 0.610 – 0.630
SL: 0.690
TP1: 0.560 TP2: 0.510 TP3: 0.450
Why this setup?
DEGO just made a parabolic move from ~0.26 to 0.74, and now price is printing lower highs with consecutive red candles. That usually signals momentum fading after a strong rally.
Now price is slipping below 0.62, showing sellers starting to take control.
If bears keep pressure, the next liquidity sits around 0.56.
The question:
Is this just a healthy pullback… or the start of a deeper dump after the pump? 👀 Click here to Trade 👇️ $DEGO ⚡
STX kept on bouncing off from the major support zone of $0.23 - $0.24 and forming a falling wedge pattern over it. Price is more likely going sideways inside the pattern. If price flipped the support area, then we can attempt the shorting.
🔅If Bitcoin had closed weekly above 69,000, then the next target for Bitcoin would have been 78,000. However, the weekly closing did not occur above this level.
🔅 The weekly closing for Bitcoin has occurred at 66,000. Currently, the resistance for Bitcoin is at 69,000. If Bitcoin faces rejection at this resistance, then it may retest its key support at 60,000.
The total crypto market cap is facing rejection after a fake breakout and is currently trading below both the 50MA and the 100MA, which are acting as resistance barriers above the current price action.
However, the market may find support at the ascending triangle’s support trendline, where a potential bounce could occur. Keep a close eye on further price action developments for confirmation