$CHESS
{spot}(CHESSUSDT)
/USDT Technical Analysis 🎯Price: $0.1719 (+11.12%)We’re seeing strong movement in CHESS/USDT with recent gains. Here’s what traders are watching for:Target 1: $0.1900
The first resistance level, if breached, could indicate a bullish trend continuation. Watch for this level to break in the short term.Target 2: $0.1700
This is a key support level. If prices consolidate here, it could suggest stability and potential upward movement.Target 3: $0.1484
This is a major support level for risk management. A dip to this point might indicate further downward pressure, so it's crucial to monitor closely.Stay tuned to Binance for real-time updates and seize the market opportunities!📊
This format blends technical data with useful trading insights, providing traders with essential targets to follow while keeping the post engaging and clear.
Notice: Delisting of $ALGO /FDUSD, $CHR /ETH, DGB/BTC, and $GMX /BTC Spot Trading Pairs - 2024-10-25
Dear Binance Users,
As part of our commitment to maintaining a robust and efficient trading environment, Binance routinely evaluates all listed spot trading pairs. Factors such as insufficient liquidity and lower trading activity can lead to the removal of certain pairs to preserve the market’s overall quality and stability.
After our most recent assessment, Binance will discontinue trading for the following spot trading pairs:
Effective from 2024-10-25 at 03:00 (UTC):
ALGO/FDUSD
CHR/ETH
DGB/BTC
GMX/BTC
It's important to note that while these trading pairs are being delisted, the associated tokens will still be available for trading under other available pairs on the Binance platform. Additionally, the Spot Trading Bots services for the listed pairs will also be terminated on the same date. We strongly recommend users review and update their Spot Trading Bots settings before this deadline to prevent potential losses.
For accuracy, please refer to the English version of this announcement in case of any translation discrepancies.
#Removal #DelistingNotice #DelistingDrama #ScrollOnBinance #BinanceLabsInvestsLombard
🚨 $MLN /USDT: Gearing Up for a Breakout? Watch These Key Levels! 🚨
MLN is gaining attention with a current price of $17.86 (+2.76%), and it’s showing signs of momentum as it climbs toward resistance. Could this be the start of a larger rally? Let’s break down the critical levels to watch for!
💥 Key Levels to Watch:
Support Zone: $17.03 – A strong buying opportunity if the price dips back to this level, offering a potential bounce.
Resistance Zone: $18.32 – This is the key area to break! If MLN clears this level, it could signal a push toward $18.50 and higher.
🔥 Volume Insights:
With 129K MLN traded in the last 24 hours, volume is climbing, showing increased interest from traders. Keep an eye on this—rising volume could push the price into breakout territory!
🚀 Short-Term Strategy:
Bullish Signal: If MLN breaks above $18.32, we could see a strong rally toward $18.50 and beyond.
Watch for Pullback: If resistance holds, expect a possible pullback to $17.40-$17.50, where buyers might step back in.
🔔 Don’t miss out! MLN is showing volatility, and a breakout could be on the horizon. Watch those key levels closely and make your move!
#MLNUSDT 🚀 #CryptoBreakout 📈 #BinanceSpotTrading #DeFiMoves #WhaleWatch
$MLN
{spot}(MLNUSDT)
Bitcoin Weekly Update
Last week, we saw Bitcoin break out from the bullish flag pattern on the macro chart. The breakout occurred with huge volume, followed by a strong rejection near the previous all-time high at $69K. In my opinion, Bitcoin is now in a retest mode, so a red weekly close this week wouldn’t be surprising.
These movements are part of a healthy process necessary for a stronger price rise in the upcoming days.
Golden Tip: If this retest plays out successfully, consider this week as the last opportunity to accumulate your favorite altcoins at a lower price. The upcoming weeks look extremely bullish.
#ScrollOnBinance $BTC #Write2Earn
🚨 $AUCTION /USDT: Ready for the Next Big Move? Watch These Critical Levels! 🚨
AUCTION is making waves, currently trading at $13.72 (+0.59%). With solid buying momentum, could this be the start of a larger breakout, or will resistance halt its upward climb? Let’s break it down.
💥 Key Levels to Watch:
Support Zone: $13.16 – A strong level to watch for a possible bounce if the price retraces. This area has held firm, providing a solid foundation for buyers.
Resistance Zone: $13.91 – If AUCTION breaks above this level, it could spark a rally toward the $14.20 mark or even higher. This is a critical zone for bulls to conquer!
🔥 Volume Surge:
With 268.92K AUCTION traded in the past 24 hours, volume is climbing, indicating rising interest. Could this surge in volume fuel a breakout? Keep your eyes peeled, as increased volume often leads to price volatility!
🚀 Short-Term Strategy:
Bullish Setup: If AUCTION can break above $13.91, we could see a strong push toward $14.20 or beyond.
Pullback Potential: If resistance holds, look for a potential retracement to the $13.40-$13.50 range, where buyers may step in again.
🔔 Stay alert! AUCTION is setting up for a big move, and you don’t want to miss the action. Watch these key levels and plan your trades accordingly!
#AUCTIONUSDT 🚀 #CryptoBreakout 📈 #BinanceTrading #WhaleWatch #DeFiRally
$AUCTION
{spot}(AUCTIONUSDT)
🚨 $COMBO /USDT: Momentum Brewing – Get Ready for the Next Move! 🚨
COMBO is showing signs of life, currently trading at $0.4427 (+0.89%). With the price fluctuating between $0.4251 and $0.4590 in the last 24 hours, traders are eyeing the next potential breakout or pullback. Let’s dive into the key levels that could dictate the next move for COMBO!
💥 Key Levels:
Support Zone: $0.4250 – This level has held strong, providing a solid buying opportunity for those looking to catch a dip.
Resistance Zone: $0.4590 – Watch out for this zone! A break above could lead to a bullish run toward $0.4700 and beyond.
📈 Volume Insights:
With 4.33M COMBO traded in the last 24 hours, volume is strong, indicating a growing interest in this token. If this momentum continues, we could see some exciting moves in the next few hours!
🚀 Short-Term Strategy:
Bullish Signal: If COMBO can break and hold above $0.4590, we could see a run toward the $0.4700-$0.4800 range.
Watch for Pullback: If the price fails to break resistance, expect a potential pullback to the $0.4300-$0.4350 zone, where buyers may step back in.
🔔 Get ready! COMBO is showing signs of volatility, and a big move could be on the horizon. Watch those levels closely and plan your trade wisely!
#COMBOUSDT 🚀 #CryptoBreakout 📈 #BinanceSpotTrading #WhaleActivity #NextMove
$COMBO
{spot}(COMBOUSDT)
🚨 $BNX /USDT: Momentum Picking Up! Can BNX Keep the Rally Going? 🚨
BNX is heating up and just hit $0.7210 (+5.33%) as it shows impressive strength today. With solid gains, this coin is catching attention! Is this the start of something bigger, or will it face resistance soon? Let’s dive into the key levels that could determine the next move.
💥 Key Levels:
Support Zone: $0.6710 – Strong buying support has been seen around this level, and any pullback could offer a chance for new entries.
Resistance: $0.7400 – This is the line in the sand. If BNX manages to break through, we could see a further run toward $0.7600 and beyond!
🔥 Volume Spike:
With 14.02M USDT traded in the last 24 hours, volume is surging, hinting at whale action that could push BNX further if the momentum continues. Keep your eyes peeled for a possible breakout!
🚀 Short-Term Strategy:
Bullish Move: If BNX can break and hold above $0.7400, we may be in for a solid push toward $0.76+. Momentum is on the bulls' side!
Watch for Retracement: If the price fails to break resistance, expect a slight pullback to $0.6900-$0.7000, where buyers could step in again.
🔔 Get ready for action! BNX is on the move, and this could be your chance to catch the next wave. Watch those key levels and act fast!
#BNXUSDT 🏆 #CryptoBreakout 📈 #BinanceSpotTrading #CryptoGains #WhaleWatch
$BNX
{spot}(BNXUSDT)
#NewEraofHOOKED #HookedAlumni
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Onward to more milestones in Web3 mastery! 🌟
🚨 $YGG /USDT: Eyeing the Next Breakout? Here’s What to Watch! 🚨
Yield Guild Games (YGG) is catching the attention of traders with a current price of $0.5443 (+1.61%) as it hovers in a critical range. Will YGG break free and surge higher, or is there a retracement looming? Let’s break it down!
📊 Key Levels:
Support Zone: $0.5166 – a solid buy zone for those waiting to enter the market at a dip. If the price retraces here, this could be a key level for a bounce.
Resistance Zone: $0.5788 – breaking above this could signal the next bullish run toward higher highs. Keep a close eye on this level for potential upside momentum!
💡 Volume Insights:
YGG has seen 29.92M tokens traded in the past 24 hours, signaling strong interest. With significant volume, we could see YGG making more volatile moves soon. Prepare for a possible breakout or dip!
🚀 Short-Term Strategy:
Bounce Off Support?: If YGG holds above $0.540, this could indicate a strong bullish bounce back toward the resistance zone.
Breakout Alert: If YGG breaks $0.578, expect a rally toward $0.60 and beyond. The bulls could take over here, so don’t blink!
🔔 Stay sharp! The next few moves could decide whether YGG continues its upward trajectory or if we’ll see some short-term retracement. Watch these levels closely and plan your trades accordingly.
#YGGUSDT 🚀 #CryptoBreakout 📈 #BinanceTrading #WhalesOnWatch #NextCryptoMove
$YGG
{future}(YGGUSDT)
In Iran, about 15-19 million people, or roughly 15-20% of the population, are using cryptocurrencies. There are around 90 local crypto exchanges in the country, but only 10 of them are centralized.
Many Iranians also face issues on foreign platforms, where their funds might get frozen if those platforms detect any connection to local exchanges. #Iran
🚨 $SLP /USDT Skyrocketing, But Is It Sustainable? Major Pullback Warning! 🚨
SLP has surged an impressive 19.26% in the past 24 hours, but caution is warranted as the price now faces key resistance levels and potential pullback signals. After hitting a peak of $0.003526, SLP has started retracing and is now hovering around $0.003127. The volatility is rising, and both bulls and bears are battling for control.
📊 Current Price: 0.003127 USDT
📈 24h High: 0.003526 USDT
📉 24h Low: 0.002548 USDT
🔍 Key Market Trends:
Recent Bullish Momentum: The rally from the $0.002867 zone indicates strong bullish sentiment, driven by high volume and buyer interest. However, the sharp rise has entered a cooling-off period, suggesting the possibility of a short-term correction.
Resistance Ahead: The rejection at $0.003526 shows that sellers are stepping in at these levels. If SLP fails to break this zone, it might struggle to maintain its upward momentum.
Watch for Trend Reversal: Despite the pump, the candlestick pattern shows increasing wicks on the upside, indicating potential selling pressure and exhaustion from buyers.
💡 Long & Short Term Signals:
🚀 LONG Signal:
If SLP manages to break back above $0.003317, expect a potential retest of $0.003526. A sustained breakout here could propel SLP toward the $0.003650 target in the short term. Bulls will need to hold strong above this resistance for continuation.
⚠️ SHORT Signal:
A failure to hold $0.003076 could lead to a sharp drop back toward $0.002867, where buyers initially stepped in. If this level cracks, a further decline to $0.002548 is likely, indicating that the bullish momentum has completely faded.
Stay vigilant—the next few hours could decide whether SLP powers forward or plunges into a steep correction.
**The Graph Faces Bearish Sentiment Amid Market Volatility**
The Graph (GRT) has experienced a significant downturn, losing -4.27% against the US Dollar in the past 24 hours. This decline is part of a broader negative trend, with GRT also falling -3.41% against Bitcoin and -2.96% against Ethereum. Over the last month, GRT has dropped by -3.55%, underperforming the overall cryptocurrency market, which saw a -2.19% decrease.
Despite a long-term gain of 82.01% over the past year, the medium-term outlook remains bleak, with an -11.43% decline in the last three months. The Fear & Greed index currently reads 71 (Greed), indicating an overvalued market sentiment that could lead to further volatility.
Technical indicators reinforce this bearish outlook, with 18 out of 28 signals pointing towards a negative forecast. Key support levels to watch are $0.164743, $0.162280, and $0.158454, while resistance levels stand at $0.171032, $0.174859, and $0.177322.
In summary, while The Graph shows potential for a 30.02% price increase in the next five days, the current market sentiment and technical indicators suggest caution. Investors should remain vigilant and consider the inherent volatility of the cryptocurrency market.
Binance, a leading cryptocurrency exchange, has initiated an Earn campaign specifically for LUMIA token holders. This new program allows participants to earn additional rewards by staking their LUMIA tokens on the Binance platform. While this initiative aims to attract more users to the LUMIA ecosystem, it raises concerns about the sustainability of such reward-based programs in the long term. Given the volatile nature of the cryptocurrency market and increasing regulatory scrutiny, the effectiveness and security of these staking rewards remain uncertain, potentially posing risks to investors.
$SLP
The SLP has recently fluctuated between 0.0025 and 0.0035, with the current price hovering around 0.0032. This 40% price range suggests elevated volatility, and the current position indicates a slight upward bias.
Rebounding 28% from its recent low may signal renewed buying interest and potential reversal, while the 9% retreat from the recent high indicates some profit-taking. The dynamics between these key levels will shape the SLP's future trajectory.
The support level of 0.0025 and resistance level of 0.0035 are critical thresholds to watch. A breakout above 0.0035 could propel the SLP upward, targeting 0.0040-0.0045, while a breakdown below 0.0025 may precipitate a decline to 0.0020-0.0022.
#SLP #ScrollOnBinance #XRPDonationsUSElections #UptoberBTC70K? #APTSurpassesSUI
🚀 Crypto News Flash! 🚀
As the 2024 bull cycle winds down, top altcoins Solana (SOL) and Avalanche (AVAX) face challenges. Solana has seen a 7% rise in the past week, with analysts predicting a possible November surge. Meanwhile, Avalanche struggles, having lost nearly 50% from its 2024 peak.
But there's a new player in town! Rollblock (RBLK), a crypto casino, is set for explosive growth. With 22,000+ players and a unique token model, Rollblock aims to revolutionize online gambling. Expected to 10x post-presale, it's one to watch!
💬 Share your thoughts in the comments!