🚨 INSIGHT: $BTC briefly approached $90K after softer U.S. inflation data but failed to hold momentum as key on-chain and macro signals still limit a sustained breakout.
🚨 UPDATE: Senate to vote on confirming Michael Selig as CFTC Chair and Travis Hill as FDIC Chair as part of a block of nominees tonight at 7:30 PM EST, per Eleanor Terrett.
OG continues its corrective move after losing the 0.80 structure and printing consecutive lower lows. Price is now sitting at the 0.718 demand zone. This area may attract short-term buyers for a bounce toward 0.76–0.79. Breakdown below 0.718 confirms further bearish continuation
IO is trending lower after failing to hold the 0.17 structure and sliding toward 0.14 support. Sellers remain in control, but price is approaching a potential reaction zone. Holding above 0.14 could trigger consolidation or a bounce toward 0.15–0.158. Loss of 0.14 keeps the bearish trend intact.
FLUX rejected sharply from 0.121 and is now back near the 0.10 demand zone. Momentum remains bearish, but price is approaching a potential reaction area. Holding above 0.098 may allow a technical bounce toward 0.105–0.11. A clean break below 0.098 confirms continuation lower.
MOVE is in a clear post-spike distribution phase after rejecting from 0.059. Price is now stabilizing around 0.032 support. Momentum remains weak, but downside is slowing. Holding above 0.0319 may trigger consolidation and a corrective move toward 0.035–0.036. Loss of support keeps trend bearish.
AXL remains in a strong downtrend after rejecting from the 0.16 peak. Price is currently compressing near the 0.089 demand zone. This level may act as a temporary floor for stabilization. Holding above 0.089 allows a possible move toward 0.096–0.10. Loss of support extends the downtrend.
GUN has completed a full retracement from the 0.026 peak and is now testing the 0.0127 demand zone. Selling pressure is easing as price compresses near support. Holding above 0.0127 can allow a short relief bounce toward 0.0145–0.015. Breakdown below this level would extend the bearish structure.
EDEN failed to sustain the post-spike move from 0.095 and has retraced back to 0.060 support. Price is showing signs of stabilization near this zone. Holding above 0.059 may allow a corrective bounce toward 0.065–0.068. Breakdown keeps sellers in control.
SCR has broken down from the 0.08 range and is now testing the 0.068 support zone. This is a key demand area where buyers may attempt a defense. Holding above 0.068 can lead to a rebound toward 0.073–0.076. Breakdown confirms further bearish continuation
LISTA is trending lower after losing the 0.16 structure and sliding toward 0.141 support. Selling momentum is slowing near this level. Holding above 0.141 could trigger consolidation or a bounce toward 0.148–0.152. Loss of this support keeps downside risk active.
ORDI is under heavy selling pressure after failing to hold above 4.5 and breaking key structure levels. Price is testing the 3.82 support zone. This area is critical for short-term stabilization. Holding here could allow a bounce toward 4.1–4.3. Breakdown below 3.8 opens further downside
OPEN continues its corrective move after failing to reclaim the 0.19–0.20 zone. Price is testing the 0.165 support area with weak momentum. Holding above 0.1638 may allow consolidation and a move toward 0.175. A break below this level confirms trend continuation lower
TOWNS is in a strong bearish structure after losing the 0.0064 range and sliding to 0.0056. Price is currently sitting at key demand. Holding this level could trigger a short bounce toward 0.0059–0.0062. Breakdown below 0.0056 opens further downside.
OM failed to hold the post-spike structure near 0.08 and is now retracing aggressively. Price is testing the 0.068 support zone where buyers previously stepped in. Holding above 0.067 can allow consolidation and a rebound toward 0.072–0.075. Loss of this support risks continuation toward 0.064