- Price bounced from ~0.0987–0.0989 low → now testing the MA cluster (MA7/MA25 ~0.09999, MA99 ~0.10001) - Recent peak at 0.10197 rejected, forming consolidation with higher lows but capped upside - Candles show volatility: sharp dip then recovery, volume exploding on the move - Short-term neutral-to-bullish if holds above 0.0999; MAs aligned tightly for potential squeeze
📊 Order Book Insight: 🟢 Buyers slight edge (~50.69% bids vs 49.31% asks) Heavy bids near 0.09999 (~22K+ DOGE stacked) – asks lighter upside, could flip on push
🛑 Resistance Zone: $0.101–0.1024 (break here targets 0.105+ quick) 🛡️ Support Zone: $0.099–0.0987 (hold this keeps bulls alive; break risks 0.095–0.096 retest)
👉 Break & close above $0.101–0.102 = Bull leg → possible squeeze to $0.105–0.11+ on meme hype 👉 Drop below $0.099 = Pullback deepens → watch $0.0987 / $0.0956 liquidity zones
💰 Current Price: $116.20–116.70 📉 24H Change: -5.57% to -6.4% (pulling back hard) 📊 24H High: ~$126.60–126.93 | 24H Low: ~$114.60–114.73 🔥 Status: DeFi Hot category, but in correction mode after recent rejection 🔍 Technical Overview (5m–1h–4h–1D Chart view): Price rejected ~119–122 zone → now consolidating near short-term MAs (MA7/25/99 all clustered ~116.10–116.13) Downtrend from visible peak (~122+), with bounce attempts off 114.6 support Candles show volatility: dip to 114.64 low, then recovery to current levels Volume solid but not explosive – no strong conviction for reversal yet Order Book: Slight buyer edge (~51.16% bids vs 48.84% asks) – thin ask side could flip fast on momentum 📊 Order Book Insight: 🟢 Bids holding firm near current price (~6K+ AAVE at 116.20) 🔴 Asks light on the immediate upside – potential squeeze if buyers push 🛑 Resistance Zone: $119–120 / $122–123 (reclaim needed for relief) 🛡️ Support Zone: $114.60–115 (critical hold; break risks lower liquidity hunt) 👉 Break & hold above $119–120 = Possible bounce toward $122+ (short-term relief) 👉 Drop below $114.60 = Deeper correction → watch $110–112 zones
$BTC pushed hard from 68,338 → 69,848 with bullish structure. As long as price holds above 69,590, trend remains bullish. A clean breakout above 69,850 may trigger continuation toward 70,000+. Risk management is key. #BTC #Crypto #BİNANCEFUTURES
Gold is still under heavy pressure. Price is trading below MA(99), confirming bearish momentum. Key zone: 4,970 support. If it breaks, downside continuation is likely. A reclaim above 5,000 would be the first sign of recovery. #XAUUSDT #goldtrading #BinanceSquare
Barely moving +0.05% today 😴 24h high 5,122 → low 5,022, volume huge tho 🔥 MAs super tight (MA7 5,057, MA25 5,059) – squeeze incoming? Long or short this chop? 👀 #Gold #XAUUSD
XAUUSDT perp chilling at 5057 +0.05% only, but holding above 5k strong 💪 Dipped to 5,052 earlier, bounced quick Bulls defending hard, next pump to 5,100? Who’s longing here? 😤 #GoldTrading #Crypto
Gold futures 5,057$ Flat af today after yesterday's volatility 🥱 Support at 5,050 looking solid, resistance 5,070-5,080 Funding stable? Might go long if breaks up 🚀 Y’all trading perp or spot? Drop ur bias 👇 #xauusdt
Gold Powers Back Above $5,000 – Dollar Stays Firm Near 97.50 | February 4, 2026 Market Update
I'm really glad you're here today. After the sharp and very painful correction we saw earlier this week, gold has come roaring back. Today the yellow metal has broken decisively above the $5,000 psychological level once again. Spot gold and futures prices are trading in the $5,034 to $5,083 range, with gains of 2% to more than 3% in most sessions. At the same time, the US Dollar Index is showing resilience — holding steady around 97.40 to 97.55. In today's full update we are going to cover everything step by step: $XAU
what exactly triggered this strong rebound the technical levels that matter right now why the dollar is not giving up much ground the bigger macro and geopolitical picture and most importantly — what smart money is likely doing and what you should be watching this week
So let's dive right in.
First — let's talk about gold and why it has bounced so aggressively today.
Just a couple of days ago we saw gold dip toward $4,650–$4,700 — a level that many traders were watching closely. That zone acted as a very strong magnet for buyers. Once prices reached there, we got:
$XAU
heavy bargain hunting from both retail and institutional accounts massive short covering — a lot of traders had built large short positions during the sell-off and now had to buy back a classic oversold bounce after one of the fastest corrections from the recent highs renewed safe-haven interest because geopolitical headlines haven't gone away and a modest pause in dollar strength which gave gold some breathing room
This combination created a powerful short squeeze and dip-buying wave. It's a textbook example of how violent corrections in bull markets are often followed by equally violent recoveries.
Now let's look at the technical setup on gold — this is critical right now.
Support levels that worked:
$4,650–$4,700 — this zone held very well and became the launchpad for today's rally $4,800–$4,850 — acted as intermediate support during the recovery
Current resistance levels to watch closely:
$5,000 — huge psychological round number (reclaimed today with strength) $5,050–$5,100 — next immediate resistance cluster (previous highs and consolidation area) $5,150–$5,200 — stronger resistance zone — if we get there this week it would be very bullish $5,300+ — would signal resumption of the larger uptrend if cleared
What really matters now: Can gold close the day and the week above $5,000 with conviction? If yes — the correction probably ends here and we look higher. If it fails to hold $5,000 on any pullback and drops back below $4,950–$4,980, then the risk of retesting $4,800 or even lower increases again. Volatility is still very high — so tight risk management is essential.
Let's switch to the US Dollar Index. The DXY is trading in a very tight range today — around 97.40 to 97.55. It's basically flat to slightly up — no major weakness and no breakout higher either.
Why is the dollar holding firm despite gold's big rebound? Several reasons:
The recent bounce from lower levels (mid-96s) has left the dollar less oversold Ongoing uncertainty from the partial government shutdown — many key economic releases are delayed, so markets are in wait-and-see mode Hawkish undertones around Fed policy and the next chair nomination are still supporting the dollar narrative Short-term safe-haven flows in certain risk-off moments still favor the dollar Rate-cut expectations for 2026 remain modest — not aggressive enough to cause a dollar collapse
Key DXY levels this week:
Support:
97.20–97.30 — minor support 96.80–97.00 — stronger technical floor
ResIstance:
97.60–97.80 — recent swing high area 98.00 — very important psychological and technical level 98.50 — next major zone if we get a real breakout
If DXY closes above 98.00 with volume, it would put fresh pressure on gold and most commodities. On the other hand — a break below 97.20 would give gold and silver even more room to run.
Bigger macro picture — why this back-and-forth matters.
Gold remains in a long-term bull market. The drivers are still very much in place:
Central banks around the world continue to add gold reserves Geopolitical tensions (Middle East, trade conflicts, global uncertainty) are not resolving Debt levels globally are still climbing Inflation expectations have not collapsed — they remain sticky
The recent correction was sharp and painful — but it looks more like a healthy reset after a very extended rally rather than the end of the trend.
Institutions and smart money likely behaved in two ways during the dip:
Some reduced exposure or hedged to protect profits Others used the weakness to add to long positions at better prices
Right now many are probably leaning long again after today's strong move.
What to watch closely over the next few days:
Gold's ability to defend $5,000 and push toward $5,100+
DXY reaction at 97.80–98.00 — breakout or rejection?
Any news on the government shutdown — data delays are creating uncertainty
Broader market risk sentiment — how equities, bond yields and oil behave
Geopolitical headlines — any escalation can flip the script very quickly
In the comments tell me: do you think gold holds above $5,000 this week and goes higher, or do we see more volatility and chop? I read and reply to as many comments as possible.
WAL/USDT Technical Analysis: Key Levels, Trend Outlook, and Market Scenarios
WAL/USDT Technical Analysis: Key Levels, Trend Outlook, and Market Scenarios
Introduction The cryptocurrency market remains highly volatile, offering both risks and opportunities for traders. WAL/USDT has recently attracted attention after bouncing from a key support level. In this article, we will take a detailed look at WAL/USDT using short-term technical analysis, focusing on price action, support and resistance levels, and possible bullish and bearish scenarios. This analysis is based on the 15-minute timeframe, which is commonly used by intraday and short-term traders. Current Market Overview Trading Pair: WAL/USDT Current Price: 0.0947 Timeframe: 15 minutes Indicator Used: Supertrend (10,3) WAL/USDT is currently moving in a consolidation phase after a sharp bounce from recent lows. The price is struggling to gain strong momentum, indicating uncertainty among traders. Price Action Analysis The most notable recent move was the bounce from 0.0893, which acted as a strong support zone. Buyers stepped in aggressively at this level, pushing the price upward toward 0.097–0.098. However, after reaching near 0.0974, the price faced rejection and started moving sideways. This suggests that sellers are active near higher levels and are not allowing price to break out easily. A higher low has formed on the chart, which is generally considered a positive sign. Higher lows often indicate that buyers are gradually gaining strength, even if the price is not yet breaking resistance. Indicator Analysis: Supertrend (10,3) The Supertrend indicator is currently positioned above the price, which signals that the market is still under short-term selling pressure. When price trades below Supertrend, the trend is considered bearish. When price moves above Supertrend, it often confirms a trend reversal or bullish continuation. At the moment, WAL/USDT has not yet flipped the Supertrend to bullish. This means traders should wait for confirmation rather than entering trades based purely on anticipation. Key Support and Resistance Levels 🔹 Support Zones Primary Support: 0.089 – 0.090 Minor Support: 0.092 – 0.093 If the price drops below current levels, these zones will be critical to watch. A breakdown below 0.089 could lead to further downside. 🔹 Resistance Zones Immediate Resistance: 0.097 – 0.098 Next Resistance: 0.101 – 0.105 The 0.098 level is the most important resistance. A strong breakout above this area with volume could trigger a bullish move. Bullish Scenario In a bullish case: Price breaks above 0.098 Candle closes above resistance on the 15m timeframe Volume increases Supertrend flips below price If these conditions are met, WAL/USDT could move toward the 0.101 – 0.105 range in the short term. This would confirm that buyers are back in control. Bearish Scenario In a bearish case: Price fails to break 0.097 – 0.098 Rejection candles form near resistance Selling volume increases This could result in a pullback toward 0.092, and possibly a retest of 0.089. A clean breakdown below 0.089 would weaken the structure and could lead to further losses. Risk Management and Trading Strategy Due to current market uncertainty, traders should: Avoid entering trades without confirmation Use stop-loss orders Manage position size carefully Avoid FOMO during sudden price spikes Waiting for a confirmed breakout or breakdown is safer than guessing the direction. Conclusion WAL/USDT is currently at a decision-making zone. The strong bounce from 0.0893 shows buyer interest, but resistance near 0.098 is still holding the price back. Until a clear breakout occurs, the market is likely to remain volatile and range-bound.
💰 Current Price: 0.0947 📉 Trend: Short-term consolidation 📌 Indicator: Supertrend (10,3) 🔍 Market Insight: Price bounced strongly from 0.0893, acting as a key support level. Facing resistance near the 0.097–0.098 zone. Supertrend is still above price, indicating selling pressure. A higher low has formed, which may signal a potential breakout. 📈 Bullish Scenario: If price breaks and holds above 0.098 with volume 👉 Next targets: 0.101 – 0.105 📉 Bearish Scenario: Rejection from resistance could lead to a retest of 👉 0.092 – 0.089 support zone