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🇺🇸 US ISM PMI just came in at 55.5% vs. 54.5% expected.
ISM above 52% means the US economy is in an expansion phase, and this is the 10th consecutive print above 52%.
The last 2 times this happened were in mid-2016 and Q3 2020, and here's what happened next.
- Alts pumped 10x-20x in a few months. - Crypto MCap hit new highs for several months.
This time, alts are coming out of an 18-month bear market, and most people are extremely bearish on them.
Also, hot trades like AI and precious metals seem to have topped, so the next liquidity inflow will most likely be in crypto and especially alts.$BTC $ETH $SNDK #Verify1to1BinanceReserves
$GOOGL 🟢 GOOGL Long Trade Signal Confirm long Entry: $283.85 Bias: 🟢 Long, but high-risk reversal setup Leverage: 20x
🎯 TP1: $290 🎯 TP2: $300 🎯 TP3: $318
🛑 Stop Loss: $274.50 $GOOGL Setup: GOOGL is heavily oversold after the sharp drop from the $340+ area. Price is holding above the recent $275 low, while the lower Bollinger Band is around $270.58. A reclaim of $290 would strengthen the recovery setup.
⚠️ Key invalidation: Daily break below $275 can open the way toward $270 or lower. Don't chase the long if $275 support fails.$GOOGL #IntelHasItsWorstDaySince1974
Key level: $2,280-$2,290 is the immediate support zone. If ETH holds this area and reclaims $2,320, continuation toward $2,355-$2,400 becomes more likely.
🛑 Stop Loss: $2.32 $MORPHO Bullish scenario: If MORPHO holds $2.38–$2.40, buyers may push toward $2.47 and then $2.55. A strong break above $2.55 could extend the move toward $2.68.
Bearish invalidation: Sustained trading below $2.32 weakens the long setup significantly.
🛑 Stop Loss: $93.80 $SOL Scenario: Bullish while SOL holds $94–95 support. A break and hold above $97.20 could open the way toward $99–101.50. If $93.80 breaks decisively, the long setup is invalidated.