$BTC is showing signs of recovery after forming a major low, but it remains within a broader downtrend, $BTC trading between key resistance near $87,000 and support around $82,000. $BTC
{spot}(BTCUSDT)
Long Entry: Break above $87,000
• TP1: $88,600
• TP2: $91,000
• SL: Below $85,000
Short Entry: Break below $82,000
• TP1: $80,000
• TP2: $78,000
• SL: Above $83,500
Wait for a confirmed breakout or breakdown with volume before entering a trade.
$STRAX VIOLENT DUMP AFTER A MASSIVE SPIKE—WILL STRAX STABILIZE OR FALL FURTHER?
STRAX is trading at $0.06725 after a dramatic sell-off from $0.08458, wiping out nearly all recent gains in one large candle. While it’s still up +20.54% on the day, the price is sitting right at key support with high volume and volatility.
Key Levels to Watch
• Resistance Zone: $0.07300 – $0.07550
If price rebounds, a push toward these levels may offer relief—but expect sellers to step in quickly.
• Support Zone: $0.06600 – $0.06350
If this zone fails, further downside could open toward $0.06000 and $0.05800.
Trade Setup – High Risk, High Reward
• Bullish Entry: A quick reclaim above $0.07300
Target 1: $0.07550
Target 2: $0.07880
• Bearish Entry: A breakdown below $0.06600
Target 1: $0.06350
Target 2: $0.06000
Stop-Loss Strategy:
Use tight stops—volatility is extreme. Place stops slightly outside breakout/breakdown zones to manage sharp swings.
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{spot}(STRAXUSDT)
Powell’s speech yesterday stirred the markets. He pointed out that inflation is still above target and that the impact of tariffs might be more persistent than expected. This pushed back hopes for a near term rate cut.
Gold took the spotlight after his comments about the growing risks of a trade war. It reached a new all time high as gram gold tested above 4100 TL. It’s already up around 28 percent this year, surpassing the 27 percent gain in 2024.
Trump, on the other hand, didn’t hold back. He said Jerome Powell is always too late and wrong. He also stated that Powell’s termination cannot come fast enough and that the #Fed should have lowered rates long ago.
The Fed remains cautious, political pressure is rising, and gold continues to benefit from the uncertainty.
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