𝘼𝘿𝙋 𝙅𝙊𝘽𝙎 𝙈𝙄𝙎𝙎: 98𝙆 𝙑𝙎 110𝙆 𝙀𝙓𝙋𝙀𝘾𝙏𝙀𝘿
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U.S. private employers added 98,000 jobs in June, below the 110,000 forecast and WEAKER than the prior 122,000.
Pay rose 4.4% year-over-year, but ADP said hiring is slowing as job seekers take longer to find work.
Markets may read this as another sign the labor market is COOLING.
© Coin Bureau
#USADP98KMiss
🔥 🚨 $BTC just bounced hard off the lows… but is this the real reversal or just another trap?
Looking at the 4H chart right now , we’re sitting at $60.8k, up 2.7% in the last push. Green candles finally showing some life, price back above the short-term MAs and Supertrend. That +3.5 PNL on the long side is looking juicy 👀
But here’s the thing that’s making me nervous… STOCHRSI is screaming at 95.9. Overbought as hell. We’ve seen this movie before, strong bounce, then sudden rejection at $61....