After a major move in LAB coin, aggressive selling occurred, which shifted its trend from bullish to bearish. It recently took support from a major level where a strong upside move had previously started, then moved up for a retest and faced a strong rejection from that supply zone.
Since the trend is now bearish and the price has taken a solid rejection, a short trade setup can be considered.
Entry: Market price (6.0600)
Stop Loss: 6.300
Target: 4.9200 (maximum expected target, kindly book pro...
🔵 Cardano (ADA) Founder Charles Hoskinson Speaks Out About the Clarity Act, the Bullish Cryptocurrency Law Ripple CEO So Wants! “Ridiculous”
The Clarity Act, one of the most important legislative bills regarding cryptocurrency regulation in the US, is rapidly progressing.
At this point, Clarity, also known as the Transparency Act, is scheduled to be discussed and voted on by the Senate Banking Committee on May 14.
In the latest development, the US Senate Banking Committee has released a new,...