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$ETH supply shock confirmed. Prepare accordingly.
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$FARM Slips to $23.28 – Heavy Selling Pressure as Market Tests Support $FARM is currently trading at $23.28, marking a -7.21% decline on the day as sellers dominated the session. The asset broke below short-term support near $24, triggering further downside pressure and extending its week-long corrective structure. The recent sell-off has pushed FARM close to its 24h low of $23.01, where early buyers are beginning to show some reaction. Key Levels to Watch • Resistance: $24.00 – A recovery above this mark could open the door for a short-term rebound toward $24.80 and $25.50. • Support: $23.00 – A critical psychological and technical level; a sustained break below could expose $22.40 and $21.80 as the next potential downside targets. Trade Setup – Oversold but Not Yet Reversed Bullish Scenario: If FARM holds above $23.00 and volume begins to normalize, a relief bounce could emerge targeting: • TP1: $24.00 • TP2: $24.80 A daily close above $25.50 would help neutralize short-term bearish sentiment and signal the start of a recovery phase. Bearish Scenario: Failure to defend the $23.00 support area may accelerate losses toward: • TP1: $22.40 • TP2: $21.80 Such a move would confirm a deeper retracement, extending the ongoing downtrend and reinforcing market caution. Final Note FARM is currently in a short-term oversold zone, with the price consolidating near key support after a sharp decline. The next 24 hours will be critical in determining whether the token stabilizes or experiences further weakness. For now, traders should exercise patience and watch for signs of a volume-backed reversal before entering fresh long positions.
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Milestone moment for $BNB Chain Cumulative DEX volume has officially crossed $2T This is a serious statement of on-chain dominance $BNB continues to lead DeFi frontier with unmatched user activity, deep liquidity & consistent builder growth across ecosystems BNB keeps breaking records. Let see at what point it will reach at the end of this year $BNB
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