#pi let's predict Pi rate together mine is between $3 to $6 but but but let's buy $LAYER until then when it's hit $0.9 but do your own research first before purchasing #layer
$ENA is currently trading at $0.5942, down 8.06% in the past 24 hours. The price has tested the 24-hour low of $0.5705, bouncing back slightly but still showing signs of vulnerability near key levels.
Key Levels to Watch:
Resistance: $0.6138 ā A breakout above this level may lead to targets at $0.6300 and $0.6500.
Support: $0.5800 ā A break below this could see a decline toward $0.5600 and $0.5400.
Trade Setup:
Long Entry: Above $0.6138, targeting $0.6300 and $0.6500.
Short Entry: Below $0.5800, aiming for $0.5600 and $0.5400.
Risk Management:
Stop-loss: For longs, below $0.5800; for shorts, above $0.6138.
With an RSI of 66.78, $ENA is nearing overbought conditions, so careful monitoring is essential for trend confirmation. Increased volume around resistance levels could signal a breakout or a rejection.
The FTX went bankrupt in November 2022, and since then, a lot of people have been waiting for their funds to get back.
ā Today, it was reported that FTX is planning to distribute money to its users.
But here are two things most people are missing:
ā FTX will give the USD value to the users rather than BTC or ETH, which means they will/have dump their holdings (This is bearish). FTX users will get their money based on the crypto prices in November 2022, which means if someone had 1 BTC, they would get $16,000 rather than $43,000.
I'm happy for all those who are getting their money, but from a price perspective, this is bearish.
Also, the users will get way less than what they should have gotten.
_JUST IN: šŗšø SEC Schedules Meetings Today With New York Stock Exchange, Nasdaq, & Cboe tO Finalize Comments On Spot BitcoinĀ ETFs, Fox Business Reports._
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