Precious Metals Pull Back as Selling Pressure Increases
Spot gold declined 1.69%, trading around $4,040.57 per ounce, while spot silver fell 2.54% to $59.96 per ounce.
The move reflects renewed short-term selling pressure across precious metals, as traders lock in profits and reassess market expectations. Despite the pullback, gold and silver remain key assets to watch amid ongoing global economic uncertainty.
#Gold #Silver $BTC
$DOGE broke below $0.08, triggered $7.68M in long liquidations, and RSI is at 28
The $0.08 support level that held for weeks just gave way. Price dropped to $0.079, down 5.54% daily, falling below both the 9 and 21-day MAs. The breakdown triggered a cascade - leveraged longs forced out, panic selling amplified the move, sell volume hit 1.3B vs 1.1B buy volume. Futures netflow dropped 459% to -$46M in 24 hours. Derivatives market fully controlled by sellers right now. 😬
RSI at 28 - deeply ov...
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$BTC Update... 📉
From the $65,600 level, $BTC perfectly hit our mapped move and dropped straight into $61,100 without delay.
Clean reaction. Clean structure. Exactly as expected.
Still showing downside pressure and continuation in play.
next targets to watch 🎯
$60,800
$60,200
$59,500
Stay patient, let the market complete its move, and avoid rushing entries.
Buy now and trade here on $BTC
{spot}(BTCUSDT)
Guys, this is where fear starts creating opportunity.
I’m watching $BTC $61,100 – $61,300 for a possible long entry.
Entry: $61,100 – $61,300
SL: $60,400
TP1: $61,980
TP2: $62,600
TP3: $63,800
TP4: $64,600
This dip can turn into a strong bounce if $60,400 holds.
Don’t panic in red candles.
Red days create the best setups.
Buy the fear, manage the risk, and let the chart do the talking.