#btc70k #USDT #BTCNextMove #ElSalvadorBTCReserve #MarketCorrectionBuyOrHODL? Analysis $BTC The price is nearing a key support level at 94,609.6 USDT, indicating a potential rebound. The bullish scenario targets 96,000 USDT and 108,000 USDT if momentum builds. However, breaking below support could see the price drop to 90,243.90 USDT or lower, if not breaking then you might see some uptrend for little bit of time.
$USUAL USUAL's official X Post Breakdown: "If you sold your USUAL today" This refers to someone selling their holdings of the USUAL coin. "Congrats: you've become a liquidity donor" This implies that by selling their USUAL coin, they have provided liquidity to the market (making it easier for others to buy at a potentially lower price). The statement may mock those who sold, suggesting they did so at a loss or missed out on future gains, and that smarter traders benefited from their decision. The tone is likely meant to tease or criticize short-term or emotional trading decisions.
After two days growing special yesterday %50, cow is tired and will has a bid drop to 0.7 in the chart. Price fixed in $1, rsi is overloaded, and the large of orders placed over the $1 price. #cowusdt
$COW RSI(14): It is at 83.66 level. This indicates that it is in overbought territory. At these levels, the price is likely to make some correction or enter a consolidation process. There is a significant increase in volume. This suggests that the rise is supported by strong buying pressure. However, this increase in volume may be followed by profit selling. The price has now touched the upper line of the Bollinger Bands (UP: 0.8867) and has even moved out slightly. This indicates that the price may be overvalued in the short term. MACD: It shows that the buying momentum continues, but we need to be careful because the risk of withdrawal increases with such rapid rises. STOCHRSI: At 92.79 level; This confirms that it is in overbought territory and a potential correction signal. Bullish momentum is strong, but being in overbought territory increases the risk of profit taking or price correction in the short term. Support levels are found around 0.7983 and 0.6832. Retreats to these levels can be considered as buying opportunities. If the volume increase continues and the resistance level at 0.8999 is broken, a new uptrend may begin. It is not an investment advice. Take action with your own decisions...