Guys, $RKLB is showing strong recovery momentum! Buyers are stepping in, and the bulls are setting their sights on the $60 resistance level. A confirmed breakout above this zone could open the door for another upside move.
LONG ENTRY: $58.50 – $59.00
TARGETS:
TP1: $60.00
TP2: $60.85
TP3: $62.00
STOP LOSS: $57.70
Stay alert, watch the breakout confirmation, and manage your risk wisely!
After a sharp sell-off, $ZEC found strong buying interest around $1,130 and rebounded towards $1,187.
But don't get too excited yet! Bears are still defending the resistance zone. Chasing the pump could be risky.
Key Levels to Watch:
Resistance: $1,187–$1,190
Next Target: $1,218
Support: $1,156–$1,164
Major Support: $1,130
BULLISH SCENARIO: If ZEC secures a strong 1H candle close above $1,190 with solid volume and successfully retests that level, a move towards $1,218 could be next.
BEARISH SCENARIO: If price gets rejected around $1,187–$1,190 and loses $1,156, another drop towards $1,130 becomes possible.
MY STRATEGY: Patience is key! I'll wait for a confirmed breakout or breakdown before taking any position. No FOMO, no blind entries!
The latest US inflation report has shifted market expectations and put investors on alert.
October CPI: 0.4% vs. 0.3% expected Core CPI: 0.3% vs. 0.2% expected
According to Reuters, markets are now pricing in a possibility of a December rate hike, including roughly 15% odds of a larger 50-basis-point increase.
Why does this matter for crypto?
Stronger US Dollar: Could put additional pressure on Bitcoin and altcoins.
Rising Treasury Yields: May tighten financial conditions and reduce appetite for risky assets.
₿ Crypto Volatility: Changing Fed expectations could trigger sharp moves across the market.
What I'm watching next:
BTC key support and resistance levels.
US Dollar Index (DXY).
US 2-Year Treasury Yield.
Spot trading volume and market reaction.
Don't trade headlines blindly. Wait for confirmation, watch liquidity, and manage your risk.
Stay alert. The next market move could be important!
Losses are just a part of the journey. Nothing lasts forever. Stay strong, stay patient, and keep believing — better days and new opportunities are ahead.
Initia has reportedly halted its mainnet after a security breach involving compromised keys, with approximately $615K transferred without authorization.
But here's what's surprising: despite the security incident, $INIT is still pushing higher!
What's driving this move?
Is it pure hype?
A short squeeze?
Or are traders ignoring the security risks?
Remember: A price pump doesn't mean the security issue is resolved.
Stay cautious, manage your risk, and don't FOMO into the rally! DYOR.
Yesterday, I highlighted the danger around $JCT 's critical support zone of $0.0080–$0.0085.
And today, the market delivered exactly the weakness I was watching for!
$JCT lost that support and plunged to $0.00635, marking an approximately 25% decline from $0.0085.
But there's more to watch...
ON-CHAIN ALERT: KuCoin-linked wallets reportedly moved around 170M JCT tokens, worth approximately $1.13M, while additional tokens flowed into exchange wallets.
These movements don't automatically confirm selling, but they could increase potential selling pressure.
MY BEARISH GAME PLAN:
$0.0085–$0.0100: Major resistance zone.
Any recovery below this range could turn into another relief bounce.
A fresh breakdown may expose $JCT to even lower price levels.
I'm keeping my bearish bias until buyers reclaim the key resistance zone and confirm a trend reversal.
THE KEY IS TO STAY AHEAD OF THE MARKET, NOT CHASE THE MOVE!
Follow me for market warnings, high-conviction trade setups, and important opportunities.