đ $PNUT
{spot}(PNUTUSDT)
/USDT Technical Analysis on Binance
Current Price: $0.6955 đ (up 64.81%)
Weâre seeing a strong upward movement in PNUT/USDT with high volume, making it one of todayâs top meme gainers. Hereâs a closer look at the key targets to watch:
đŻ Key Targets:
1. Target 1 - $0.7500
This level is the immediate resistance. Breaking above it could trigger a continued rally, attracting more buyers and setting the stage for the next target.
2. Target 2 - $0.8000
A breakthrough at $0.7500 could pave the way to this target. At $0.8000, we may see a consolidation phase, with traders looking for fresh momentum.
3. Target 3 - $0.9000
If bullish sentiment remains strong, this stretch target could be the next stop. $0.9000 may act as a powerful psychological level, so keep an eye out for potential profit-taking here.
đ Key Insights
24h Volume: PNUT/USDT has seen impressive trading volume, highlighting strong market interest.
Support Levels: Below the current price, look for support around $0.6500 and $0.6000 as potential entry points for buyers.
Stay tuned for more insights, and remember to monitor those levels!
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Italy Reduces Proposed Crypto Tax Hike to 28%: A Boost for the Digital Asset Sector
Italyâs government is reevaluating its approach to taxing cryptocurrency trades, reducing the initially proposed tax hike from a hefty 42% to a more manageable 28%. This potential adjustment reflects a shift in Prime Minister Giorgia Meloniâs coalition, which seems interested in supporting Italyâs growing crypto industry.
Initially introduced in Octoberâs budget plan, the tax proposal aimed to increase the current 26% tax on crypto transactions to 42%, intending to boost public finances. However, the proposal met resistance from crypto industry leaders, who argued that such a significant increase could undermine Italyâs competitiveness, especially as the European Union prepares to introduce comprehensive crypto regulations under the Markets in Crypto-Assets (MiCA) framework later this year.
The League, a junior partner in Meloniâs coalition, advocated for a 28% tax cap, aiming to strike a balance between generating public revenue and promoting industry growth. Forza Italia, another coalition partner, suggested a more investor-friendly approach, proposing no tax increase on crypto gains under âŹ2,000 to encourage local participation in the digital asset market without burdening smaller investors.
This shift could signal a strengthening of Italyâs crypto sector as the country aims to create a more favorable environment for investors.
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$PEPE
verall Trend:
The overall trend appears to be bullish. The price has been steadily increasing over the past few days.
Short-Term Trend:
The short-term trend is also bullish. The price has been making higher highs and higher lows, indicating that the bullish momentum is strong.
Long-Term Trend:
The long-term trend is unclear. The price has been consolidating for the past few weeks. However, the recent bullish breakout could be the start of a new uptrend.
Key Indicators:
RSI: The RSI is currently at 56.26, which indicates that the market is oversold. This suggests that a pullback may be due soon.
MACD: The MACD is currently above the signal line, which indicates that the market is in an uptrend. However, the MACD is starting to flatten out, which could be a sign that the momentum is slowing down.
STOCHRSI: The STOCHRSI is currently at 27.89, which indicates that the market is oversold. This suggests that a pullback may be due soon.
Support and Resistance Levels:
The current support level is around $0.00000991.
The current resistance level is around $0.00001526.
Conclusion:
The overall trend in the charts is bullish, but there are some signs that the market may be due for a pullback. Traders should be cautious and monitor the market closely for any signs of a reversal.
Additional Notes:
The volume has been increasing recently, which is a bullish sign.
The Bollinger Bands are starting to widen, which could be a sign of increased volatility.
The SAR indicator is currently below the price, which is a bullish sign.
Disclaimer:
This analysis is for informational purposes only and should not be taken as financial advice. Please do your own research before making any investment decisions. Â
đ Ride the Kaia Wave: Bangkok Edition wrapped up with incredible energy and excitement!
Huge thanks to Kaia and LINE NEXT for hosting, and to everyone who joined us! As the event sponsor, weâre thrilled to have been part of this unforgettable experience. Yoka Zhou, CEO at ABGA, also joined the roundtable, sharing valuable insights with the community. From inspiring rides to meaningful connections, Bangkok brought the heat!đ
$CTC has shown remarkable resilience amidst Bitcoinâs volatility, holding steady at $0.30. Should momentum continue to rise, the target price of $0.81 is within reach. However, the critical support level at $0.24 must be monitored closely, especially as $QNT is expected to influence the assetâs trajectory.
In earlier instances, we've recorded a 520% gain.
đ¨ BREAKING: President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to head a new "Department of Government Efficiency" (DOGE). Their mission?
âĄď¸ Dismantle bureaucracy
âĄď¸ Slash regulations
âĄď¸ Cut waste
âĄď¸ Restructure federal agencies
Trump calls this potentially "The Manhattan Project of our era"âa bold vision aiming for massive reforms by July 4, 2026 đşđ¸, celebrating Americaâs 250th anniversary. The initiative, which aligns with the #SaveAmerica movement, has also sparked chatter in the crypto space due to the "DOGE" acronym, though any link to #Dogecoin is purely coincidental.
#HaveYouBinanced #Write2Earn