ME/USDT: Post-Rally Consolidation at Key Support Levels
Current Price: ~$0.1874 Context: Strong impulsive rally (+30%) followed by short-term cooling ๐ Market Structure ME has completed a sharp expansion move and is now transitioning into a distribution / consolidation phase. Momentum has slowed, which is a normal behavior after aggressive upside moves. Price is currently trading below EMA(7), EMA(25), and EMA(99), indicating short-term bearish pressure on the lower timeframe and a lack of immediate continuation strength. ๐ Momentum & Indicators Williams %R (โ โ82): Market is in an oversold zone, suggesting selling pressure is weakening. However, this should be treated as condition-based information, not a standalone reversal signal. Volume: A noticeable decline in volume after the pump confirms a cool-off phase, rather than fresh accumulation. ๐ฏ Key Technical Levels Demand (Support): โข 0.1850 โข 0.1800 (major intraday support) Supply (Resistance): โข 0.1900 โข 0.2000 (key psychological & liquidity level) ๐ง Execution Outlook Bullish continuation is only valid if price reclaims 0.190 with strong volume acceptance. Failure to hold 0.185 increases the probability of a deeper mean reversion. At current levels, the market favors patience or scalp-based execution, rather than aggressive positioning. $ME
SOL/USDT โ Short Technical View (1H) Price is trading around $77.3, below EMA(7), EMA(25), and EMA(99), which keeps the short-term trend bearish. Williams %R (โ86) shows the market is oversold, so a short-term bounce is possible. Support: $76.5 โ $75 Resistance: $79 โ $80.5 A bounce may occur, but trend reversal is only confirmed above $79โ80. Use proper risk management. #SOL #SOLUSDT #TechnicalAnalysis #BinanceSquare
Current Price: ~$77.39 24H Change: โ3.36% Market Structure: Short-term bearish, price reacting near support
๐ Indicator Analysis
1๏ธโฃ EMA Trend
EMA(7): ~77.9
EMA(25): ~79.5
EMA(99): ~82.5
๐ Price is trading below all major EMAs, which confirms bearish momentum in the short term. EMA(25) and EMA(99) are acting as strong resistance zones.
2๏ธโฃ Williams %R (14): โ86
Market is in the oversold zone
Selling pressure looks exhausted
Possibility of a short-term relief bounce
3๏ธโฃ Volume Analysis
Strong selling volume seen during the drop
Recent candles show decreasing volume, indicating sellers are losing strength
This supports a potential temporary consolidation or bounce
๐ฏ Key Levels to Watch
Support Zones
$76.5 (recent low)
$75.0 (major support)
Resistance Zones
$79.0 (EMA resistance)
$80.5
$82.0 (major trend resistance)
๐ฎ 24-Hour Price Outlook
โ Most Likely Scenario: Price may consolidate between $76 โ $79 due to oversold conditions.
๐ Bullish Case: If price closes above $79 with volume, targets could be $80.5 โ $82.
Oversold conditions suggest bounce is possible but not confirmed
Trend reversal only confirmed if price reclaims $79โ80
Proper risk management is essential
๐ง Conclusion
SOL is currently oversold on the 1H timeframe. A short-term bounce is possible, but the overall trend remains bearish unless price breaks above key resistance levels.
WHALE ALERT This beast just dumped another $122M in $BTC straight to Binance! (1,800 BTC from 3NVeXm โ after offloading $342M yesterday) Pressure incoming? Or just repositioning? #Bitcoin #Crypto
According to the 4h analysis, the price is consolidating near the major resistance area and the view is pretty clear. But we have two different scenarios:-
If the price successfully closes above 5120.11, then we can expect the bulls will easily smash 5377.25.
If the price successfully closes below 5030.90, then we can expect the bears will easily smash 4778.22.
Donโt place any advance orders for now. Use good confirmations for the execution.
Market is respecting the strong supply zone at the top and rejecting perfectly. Price has formed range โ breakout โ retest, and now Sellers are taking control again.
Reason: โข Price failed to break supply โข Bearish structure maintained โข Clean traffic below for a big drop โข Break & retest confirms continuation
โ ๏ธ Wait for a proper retest before Selling. No signals โ just analysis.
Gold price dropped a little today to take a short break after rising. The short-term trend is still bullish. Gold is trading above the EMA50, which is acting as strong support. The trend line is also supporting the price. If Gold stays above $5,000, it can move higher toward $5,250.
๐น๏ธTrading Range: $4,920 to $5,200 ๐น๏ธTodayโs View: Bullish
2010: Hal Finney is Satoshi 2012: Nick Szabo is Satoshi 2014: Dorian Nakamoto is Satoshi 2016: Craig Wright is Satoshi 2018: Adam Back is Satoshi 2020: Jack Dorsey is Satoshi 2022: Elon Musk is Satoshi 2024: Peter Todd is Satoshi 2026: Jeffrey Epstein is Satoshi
๐จ Trust Wallet Users โ Security Warning ๐จ I want to inform you that some funds were transferred from my Trust Wallet without my permission โ ๏ธ This is just for awareness, not panic. ๐ If you are a Trust Wallet user, please be careful: โ Avoid fake websites & phishing links โ Do not approve unknown DApps โ Never share your recovery phrase or private keys ๐ Regularly revoke unused token approvals ๐ก๏ธ Your wallet is only safe if you control permissions carefully. Please stay alert and protect your funds ๐ฐ
Economic Divide Deepens as Delinquencies Rise Among Low Earners
The economic disparity in the United States is becoming more pronounced as delinquencies among the lowest earners continue to rise. Bloomberg posted on X, highlighting the growing divide in the economy, which is increasingly affecting those with the least financial stability. This trend underscores the challenges faced by low-income individuals in managing their financial obligations amid broader economic shifts.
The increase in delinquencies is a significant indicator of the financial strain on lower-income households, which are struggling to keep up with payments. This situation is exacerbated by the current economic conditions, which have led to a bifurcation in financial stability across different income groups.
Experts suggest that the widening gap between high and low earners could have long-term implications for economic growth and social stability. As the economy continues to evolve, the pressure on lower-income individuals may lead to increased calls for policy interventions aimed at addressing these disparities.
The rise in delinquencies among the lowest earners is a critical issue that reflects broader economic challenges and highlights the need for targeted solutions to support those most affected by financial instability.
Login to explore more contents
Explore the latest crypto news
โก๏ธ Be a part of the latests discussions in crypto