$DEXE has just posted a strong breakout, moving from the $1.83–$1.90 range to a high of $2.64.
It’s currently trading around $2.32, up roughly 21% on the day, with a noticeable increase in volume during the move. 📈
The breakout is strong, but the key question now is whether $DEXE can hold above the previous consolidation zone or see a pullback toward the breakout area.
Just went long on $BTR R based on the current setup.
BTR USDT Perp 📍 Entry: Current price around $0.1701 🛑 Stop Loss: $0.1545 🎯 Take Profit: Chart levels
This is a 5-minute setup, so I’m treating it strictly as a scalp rather than a long-term trade.
I don’t usually share my live trades publicly, but this setup caught my attention. If you’re watching $BTR for a short-term move, it’s definitely one to keep an eye on.
Manage your position size and risk properly. Don’t chase the move just because the candle is pumping.
🚨 Fed Chair Warsh’s Jackson Hole message for markets wasn’t as dovish as investors had been expecting.
Inflation has cooled a lot from its peak levels, but it’s still comfortably above the Fed’s 2% target. Services inflation, wages, and shelter costs remain sticky.
On the other hand, the US economy doesn’t look weak either. Consumer spending is stable, the labor market is resilient, and there’s also strength showing in business investment.
That’s why there’s no strong reason for the Fed to cut rates soon. Warsh also highlighted the possibility that if inflation doesn’t improve, the Fed may have to keep rates even more restrictive.
📌 Simple takeaway: You’ll need to rethink expectations for fast rate cuts.
If inflation stays sticky and the economy stays strong, the Fed won’t go into “rescue mode”—markets will need more than just hopes; they’ll need data-driven confirmation before easing.
For crypto & risk assets, this could mean more volatility ahead. 📉
$MAGIC MA has seen a sharp +56% vertical move, pushing price into the $0.5795 resistance zone.
The rejection from this level, combined with significant extension above the MA 25 and MA 99, may indicate that the move is becoming overheated. Volume behavior also suggests the possibility of a short-term mean reversion.