đPROJECTS UPDATES
Mega Eth just announced the first project on Mega Eth, and it will be @GTE_XYZ
$SOL â> Solana just eclipsed ALL layer-1 blockchains in 24H DEX trading volume.
$DRIFT mindshare jumped 50% in the Perpetuals sector, thanks to their new prediction market, B.E.T on solana
Whale Moves: ANOTHER $1b $USDT minted by @Tether_to
treasury !!!! TETHER PRINTS 3B USDT IN ONE WEEK; SINCE AUG. 5, ABOUT 3.22B USDT TRANSFERRED FROM TETHER TREASURY TO EXCHANGES - LOOKONCHAIN
$KMNO â> Kamino Season 2 Distribution is now available for claim
Allora joins the Mantle AI Fest âłïž
$AAVE â> Whales keep buying
#Binance invested in @use_corn. Corn is the first super yield network built around #bitcoinâïž
$AKT â> The Akash Supercloud has achieved an all-time high in daily network spend.
$DOGS
- Claim to exchanges & Telegram Wallet: until 6pm UTC, 21st Aug
- Claim to non-custodial wallets: from 8am UTC, 23rd Aug
- TGE & Listing: 12pm UTC, 23rd Aug
@babylonlabs_io Bitcoin Staking Launch is right around the corner
$CAKE /USDT
Certainly! Hereâs a concise post about identifying resistance and spotting trading opportunities:
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**Spotting Resistance Levels in Trading**
In trading, understanding resistance levels is crucial for making informed decisions. A resistance level is a price point where an asset struggles to move above due to increased selling pressure. Traders often watch these levels closely, as they can indicate potential reversal points or areas where a trend might stall.
Identifying resistance involves analyzing historical price data to see where an asset has repeatedly hit a ceiling. Common methods include using horizontal lines at past high points, trendlines, or technical indicators like moving averages and Fibonacci retracements.
Once a resistance level is identified, traders look for signals to spot potential trading opportunities. If an asset repeatedly tests a resistance level without breaking through, it may indicate a strong barrier, suggesting a potential short position. Conversely, if the price breaks above resistance with high volume, it can signal a bullish trend, presenting a buying opportunity.
Incorporating resistance levels into your trading strategy can enhance your ability to predict market movements and manage risk effectively. Always combine resistance analysis with other tools to confirm your decisions and stay ahead in the market.
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This post covers the basics of resistance levels and how traders can use them to spot trading opportunities.#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
{spot}(CAKEUSDT)
đ Solana Memecoin Trading Volumes Drop Sharply
đš The trading volume of Solana-based memecoins has plummeted by 80% in the last two weeks, sparking increased negativity in the community. Critics argue that these memecoins, like those launched via pump fun, are mostly exploitative, with many traders losing money. Only a tiny fraction of these tokens have seen significant value, raising concerns about their impact on the broader crypto ecosystem.
#Write2Earn! #LowestCPI2021 #BinanceLaunchpoolDOGS #BTCâ #MemeWatch2024 $BTC $ETH $SOL
đąFILUSDT Weekly Chart Analysis đ§âđ»
âĄïžDemand Zone: $2.41 - $3.67
âKey Support:This demand zone has held multiple times in the past, indicating strong buyer interest at these levels. Any dips into this zone could provide a low-risk buying opportunity.
âĄïžPotential Move đ
âUpside Target 1: $6.93 (Potential +88%)
âUpside Target 2: $8.40 (Potential +128%)
âUpside Target 3: $10.66 (Potential +190%)
âMajor Target: $17.10 (Potential +370%)
After bouncing off the demand zone, a surge of 245.69% previously occurred, reaching the $7.58 level. A similar move could take the price towards the mid and upper resistance zones.
âĄïžTrade Idea đ
âEntry: Around $3.67 (within the demand zone)
âTargets: $6.93, $8.40, $10.66, $17.10
âStop-loss: Below $2.41 (Invalidation of demand zone)
This setup offers an excellent risk-to-reward ratio, especially considering the historical price reactions in this demand area. Keep an eye on momentum as the price approaches key levels.
$FIL
{spot}(FILUSDT)
#BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021
**News Flash: Solana Protocol Launches New Tool for Memecoin Traders**
A Solana-based protocol, Dumpy.fun, is flipping the script on its original purpose. Initially designed for shorting memecoins, the platform is now introducing a tool to go long on heavily shorted tokens.
Starting August 27, the new app, squeezy.lol, will enable traders to identify and capitalize on the most shorted memecoins. This "squeeze explorer" aims to trigger short squeezes, where rapid price increases force short sellers to buy back assets, driving prices even higher.
Dumpy.fun, known for supporting 11 memecoins like Dogwifhat (WIF) and Bonk (BONK), will also allow users to short newly created tokens. This marks a new era of aggressive, player vs. player trading in the memecoin market.
Stay tuned for more updates as the platform evolves!
$BTC /USDT: UPDATE;
Really, Market is too Fluctuating and $BTC now stuck between $58,783-$59,722. See how much more time $BTC take to break strong support or Strong resistance.. More chance it again break strong Resistance.
Current Price: $59,360
Resistance: $59,722
Support: $58,783
Long Trade:
Consider entering above $59,722, with potential targets at $60,000 and $60,250. Place your stop loss at $59,360.
Short Trade:
Consider entering below $58,783, targeting $58,500 and $58,250, with a stop loss at $59,080.
This analysis takes into account the current market fluctuations, ensuring precise entries for both long and short trades.
#Write2Earn! #BullBanter #BinanceBlockchainWeek #CryptoMarketMoves #voteforBULLISHBANTER
đ„đ„đ„ $PEPE Price at Risk as Whalesđłđłđł Begin to Retreat
PEPE Investors Facing Stagnation
- Currently trading at $0.00000795, PEPE was anticipated to break out from its bullish descending wedge pattern. However, this breakout seems unlikely as investor sentiment remains cautious.
- Network participation has dropped significantly, with investors showing reluctance to engage in transactions. Active addresses have plummeted to a six-month low, as the lack of price recovery provides little incentive for investors to move their holdings.
- Adding to the concern is the behavior of large wallet holders, or whales, whose withdrawal from the network is eroding overall investor confidence. Their reduced participation, especially in high-value transactions worth $100,000 or more, suggests a lack of conviction in the current market conditions.
- In the past two weeks, the average daily transaction volume has dropped by 60%, falling from $83 million to $33 million. This sharp decline underscores the significant influence whale activity has on the broader market.
- If whales continue to remain inactive, PEPE's price will likely see limited growth.
PEPE Price Prediction: Possible Consolidation Ahead
- PEPE's price is currently holding just above the $0.00000775 support level and is attempting to bounce back. The descending wedge pattern suggests a potential 80% rally towards the all-time high of $0.00001725.
- However, given the current market dynamics, a breakout from this pattern seems improbable. As a result, PEPE may struggle to rise above $0.00001000 unless stronger bullish signals emerge.
- On the flip side, if investor sentiment improves, PEPE could flip $0.00001000 into a support level, paving the way for further gains and potentially invalidating the bearish outlook.
Source - beincrypto.com
#CryptoTrends2024 #BinanceSquareTalks
Pancakeswap, a leading decentralized exchange, announced via X on Tuesday that it has burned 9,008,476 CAKE tokens, equivalent to $15 million, this week. This token burn is part of the platform's ongoing efforts to manage its token supply and potentially increase the value of CAKE.
However, despite these measures, the broader cryptocurrency market remains under significant pressure. Regulatory uncertainties and market volatility continue to cast a shadow over the sector. Investors should remain cautious as the long-term implications of such token burns are still uncertain in the face of broader market challenges.
Exposing the $122 Million Tech Fraud: A Shocking Scam That Tricked Google and Facebook
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Between 2013 and 2015, a daring Lithuanian con artist pulled off one of the most remarkable scams in tech history, defrauding Google and Facebook out of a jaw-dropping $122 million. This elaborate scheme involved sending fake invoices from a non-existent company, which both tech giants unwittingly paid without a second thought.
Google was swindled out of $23 million, while Facebook lost an astonishing $99 million. The sheer scale of this fraud reveals significant gaps in the financial security measures of these industry titans, showing that even the most sophisticated companies can be vulnerable to well-executed deceptions.
Despite the magnitude of the scam, it eventually came to light, leading to the con artist receiving a five-year prison sentence. However, this case serves as a critical lesson in the importance of rigorous financial oversight and vigilance, even for the largest and most powerful corporations.
Could such a costly mistake happen again? This story leaves us questioning the potential vulnerabilities that still exist in the digital age. As technology advances, so do the tactics of fraudsters, making it essential for businesses to stay one step ahead.
Stay tuned for more eye-opening insights from the world of technology and finance!
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#Write2Earn #Fraud #ScamRiskWarning #PowellAtJacksonHole #MarketDownturn
đš Hamster Kombat Airdrop Alert! đčđ„
Get ready to secure your free HAM tokens! To participate in this exciting airdrop, ensure youâre holding the required amount of HAM tokens in your wallet. Donât miss outâstay connected by following Hamsterâs official social media channels on Twitter, Telegram, and more for the latest updates! đŸ
CARV Protocol: Revolutionizing Your Digital Identity
Imagine a world where you have full ownership of your digital footprint. Thatâs the groundbreaking vision behind CARV Protocolâa platform designed to put you in control of your personal data. No longer will big corporations profit from your information without your consent. Instead, CARV empowers you to own, manage, and even monetize your data. đ°
Hereâs how it works: With CARV Protocol, you can securely store your personal data and decide who gets access to it. But thatâs not allâwhen you choose to share your data, youâre not just giving it away; youâre earning from it! đ€ This decentralized system eliminates middlemen, ensuring transparency, fairness, and complete control over your digital identity.
In todayâs world, where data is the new gold, CARV Protocol is rewriting the rules. It offers you the power to protect your privacy, manage your digital presence, and unlock new income opportunities. đ Why just browse the internet when you can truly own your space within it? Take control with CARV and start turning your data into an asset!
If you found this information valuable, donât forget to like, share it with your friends, and drop your thoughts in the comments! đ Your support means everything!
đ @carv_official #BinanceWeb3Airdrop #CARVingTheFutureOfData
đ„° #BinanceCreator #HamsterKombat