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This week’s CPI data is a key indicator before the presidential transition. Like the recent employment report, it’s expected to align with or fall below expectations to highlight the current administration’s economic “success.” If the CPI surprises negatively, however, this narrative could falter. With the new leadership taking over on January 20, urgent priorities will likely delay any immediate positive impact on the cryptocurrency market. If anticipated support for the market doesn’t materialize quickly, sentiment could shift, leading to potential turbulence and a possible correction by late January. In summary, the market is unlikely to see a significant decline before the transition. However, a lack of clear support for cryptocurrencies under the new administration could spark panic and adjustments. The CPI data and the post-transition policy response will be key in shaping market movements in the coming weeks. #USPPITrends #ReboundOutlook #MicroStrategyAcquiresBTC #CryptoETFNextWave
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$IOST Technical Analysis and Trading Setup 🚨🚨🚨🚨🚨 1. Support and Resistance Levels Support Level: The last significant low is around 0.006650 USDT. This acts as the primary support. Minor support exists around 0.007895 USDT from recent pullbacks. Resistance Level: The current resistance is at the recent high of 0.008472 USDT. --- 2. Short and Long Position Entry Points Long Position Entry: Entry Point: Near 0.007895 USDT (minor support), ideally after a pullback or consolidation. Targets: First Target (TP1): 0.008472 USDT (current high). Second Target (TP2): 0.008850 USDT (potential breakout). Stop Loss: Place below 0.007600 USDT (slightly below minor support). Short Position Entry: Entry Point: Near 0.008472 USDT, if there is a rejection and bearish confirmation (e.g., a bearish candlestick pattern). Targets: First Target (TP1): 0.007895 USDT. Second Target (TP2): 0.007600 USDT. Stop Loss: Place above 0.008600 USDT (just above recent high). --- 3. Market Insights Volume: The 24h volume is significant, suggesting strong market participation. A 2.07B IOST volume indicates high activity, which may lead to volatility. Trend: The price is in a short-term uptrend on the 15-minute chart. However, the movement near resistance could indicate consolidation or reversal. RSI: If the RSI is overbought (>70), watch for possible corrections; if it's near oversold (<30), look for potential rebounds. 4. Strategies For Long Traders: Wait for a retracement to support levels before entering. Ensure there's a confirmation of bullish reversal. For Short Traders: Monitor the behavior at the resistance level for signs of rejection before entering a position. Stop Loss Discipline: Use the support and resistance levels to set tight stop losses and minimize risk. #Write2Earn #IOST/USDT #ReboundOutlook #AIAgentFrenzy #CryptoETFNextWave
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$PEPE /USDT looking strong in one day time frame can give some good gains from here #Write2Earn #PEPE
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Don't tell me you missed this trade ☹️🫠😐 BTW congratulations to those who were holding this trade Enjoy your day 😉💸
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