$CRCL Japan’s FSA supports the fourth example of stablecoin trade settlement pilot 🔥
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🔴 $CRCL Japan’s FSA supports the fourth example of stablecoin trade settlement pilot: short-term bias slightly bullish
⚠️ Technicals: CRCL at 87.32; the 1-hour moving averages have just formed a bullish alignment, diverging upward. After the MACD golden cross, the red histogram continues to expand. The KDJ indicator’s K crosses above D and has not entered the overbought zone. Short-term rebound momentum is relatively strong; however, the daily chart is still in a bearish alignment. ADX is only 16.6, indicating a weak trend, and the 4-hour volume ratio is just 0.03, showing a clear contraction in trading volume. Support is at 78.41, resistance at 99.99. If it can hold above resistance on increasing volume, it will open up room for upside.
📢 Market news: Japan’s FSA stated its support for the fourth stablecoin trade settlement pilot. This marks another step forward for compliant stablecoin applications. As the issuer of USDC, Circle directly benefits. Market expectations for policy implementation across the stablecoin sector are heating up, and sentiment is relatively warm.
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🔔 Watch for first-hand market moves and anomalies 🔔
#技术分析 #日本FSA支持第四例稳定币贸易结算试点 #CRCL
📌 When trading, pay attention to whether the candlestick pattern matches
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🔴 $CRCL Japan’s FSA supports the fourth example of stablecoin trade settlement pilot: short-term bias slightly bullish
⚠️ Technicals: CRCL at 87.32; the 1-hour moving averages have just formed a bullish alignment, diverging upward. After the MACD golden cross, the red histogram continues to expand. The KDJ indicator’s K crosses above D and has not entered the overbought zone. Short-term rebound momentum is relatively strong; however, the daily chart is still in a bearish alignment. ADX is only 16.6, indicating a weak trend, and the 4-hour volume ratio is just 0.03, showing a clear contraction in trading volume. Support is at 78.41, resistance at 99.99. If it can hold above resistance on increasing volume, it will open up room for upside.
📢 Market news: Japan’s FSA stated its support for the fourth stablecoin trade settlement pilot. This marks another step forward for compliant stablecoin applications. As the issuer of USDC, Circle directly benefits. Market expectations for policy implementation across the stablecoin sector are heating up, and sentiment is relatively warm.
════════════════════
🔔 Watch for first-hand market moves and anomalies 🔔
#技术分析 #日本FSA支持第四例稳定币贸易结算试点 #CRCL
📌 When trading, pay attention to whether the candlestick pattern matches
