$BTC is brushing off the critics and holding firm around $91,973. Despite doubts about the digital gold narrative, its price action shows strong conviction, making a long position look reasonable here
$WLFI new lending platform could drive higher adoption. At the current price of $0.1681, it looks attractive. Taking a long position now could make sense ahead of a potential user-driven surge pushing the price above the 24-hour high of $0.1713.
As long as $ASTER continues to have CZ support, the chances for an uptrend remain strong. Why?
1️⃣ Credibility & Trust CZ is one of the most influential figures in crypto. When he backs a project, market confidence grows and investors take it more seriously.
2️⃣ Liquidity & Exposure Support from CZ often comes with access to Binance’s ecosystem listings, Launchpool, or trading campaigns. This drives higher trading volume and attracts wider retail attention.
3️⃣ Narrative & Momentum Crypto runs on narratives. The “CZ support” narrative creates strong FOMO, extending bullish momentum longer than projects without such backing.
⚠️ But risk still exists. Price action can’t rely on a single figure forever. Fundamentals, utility, and global market conditions remain key drivers.
Conclusion: As long as $ASTER has CZ backing + real utility, the uptrend has room to continue. Still, always manage your risk and don’t just chase hype.
$SUI tested the support level and bounced back, as anticipated. The long position is now over 20% profitable since entry. You can move the stop loss to breakeven and hold onto the position. The price has reached the resistance area, and a break above $5.35 will likely continue the upward momentum.
$SHIB Seen retesting to support area if there is a sign of rejection potential to rise again 30m seen potential Double Top and trying to retest to Neckline/Support area 📣Shib is currently said to be waiting for BTC confirmation too, if BTC breaks support, Shib should also break and vice versa
Funding Rate: +0.0118% (positive funding rate, long positions earn slightly)
Recommendation: Long (Buy): If the price drops to around $0.67 - $0.68, consider entering a long position, aiming for a rebound toward the fair price or higher levels (around $0.80 - $0.82).
Short (Sell): If the price approaches the $0.82 resistance, consider entering a short position, with a target around $0.72 or lower.
Risk Management: Stop-Loss: For long positions, set stop-loss around $0.65 - $0.66.
Take-Profit: For long positions, aim for $0.80 - $0.82 as take-profit levels.
Long and Short Entry Strategy in $DEGO Enter Long: Long Entry Price: Around 1.80 - 1.82 if the price maintains this level or slightly tests the support near 1.80.
If the price remains stable around this area, then a long position can be opened with a target towards 1.90 - 1.95 (close to the 24-hour high).
Stop Loss: Below 1.75 if the price moves down.
Enter Short: Short Entry Price: If the price rises to around 1.85 - 1.90 and starts to show signs of reversal (for example, decreasing volume or the RSI indicator shows overbought), then a short position can be opened.
Short price target: 1.70 - 1.75 as the next support area.
Stop Loss: Above 1.95 if the price continues to rise.
Summary: Long Entry: Around 1.80 - 1.82, target 1.90 - 1.95.
Short Entry: Around 1.85 - 1.90, target 1.70 - 1.75.
A few days before the drop, around 14.27 million OM tokens (worth ~$91 million) were moved to the OKEx exchange by a group of whales who had previously purchased 84.15 million OM on Binance in late March. FXStreet
In addition, there was a deposit of 3.9 million OM to OKEx, raising concerns of a potential sell-off. Mitrade
One wallet connected to Binance sent over $36 million in OM to OKEx before the drop. Colitco.