$USD1 — BEARS ARE UNDER PRESSURE!
US100 recorded a $10.7K short liquidation around 30,405, suggesting that an upward price move forced some bearish traders to close their positions. The important question now is whether buyers can maintain the momentum. Support to watch: 30,200–30,400. Resistance: 30,600–30,800. 🎯 Upside targets: 30,800, 31,000, and 31,300 if the breakout holds. Next move: A sustained move above 30,600 could support further upside, while rejection may send price back toward support. Pro tip: Watch technology-sector earnings, Treasury yields, and broader risk sentiment before committing to a direction.
#EarningsSeason #BinancePick #BitcoinHashrateHitsSevenMonthHigh
US100 recorded a $10.7K short liquidation around 30,405, suggesting that an upward price move forced some bearish traders to close their positions. The important question now is whether buyers can maintain the momentum. Support to watch: 30,200–30,400. Resistance: 30,600–30,800. 🎯 Upside targets: 30,800, 31,000, and 31,300 if the breakout holds. Next move: A sustained move above 30,600 could support further upside, while rejection may send price back toward support. Pro tip: Watch technology-sector earnings, Treasury yields, and broader risk sentiment before committing to a direction.
#EarningsSeason #BinancePick #BitcoinHashrateHitsSevenMonthHigh