• 4/USDT Perpetual contract is currently changing hands at $0.016366, reflecting a massive 36.94% surge over the past day.
• Price action during the last 24 hours carved out a lower boundary of $0.011431 and an aggressive upper peak of $0.017590.
• Cumulative volume for the session recorded roughly 2.61B 4 tokens traded, translating to approximately $41.01M USDT.
• The short-term 7-period moving average rests at $0.014136, trailing well below the current spot price.
• Intermediate and long-term indicators place the MA(25) at $0.012561 and the MA(99) at $0.011941 respectively.
• Price expansion accelerated rapidly following a bounce off the local swing support floor situated at $0.010895.
• Market participants are closely watching whether heavy volume can sustain a break and hold past the $0.017 resistance ceiling.#SOLJumps20%OnTheWeek #WarshSaysInflationIsFedTopFocus #FedSeptRateHikeOddsRiseTo57% #TrumpSaysUSReachedVenezuelaOilDeal #USShortTermTreasuryYieldsJump $4
• Price action during the last 24 hours carved out a lower boundary of $0.011431 and an aggressive upper peak of $0.017590.
• Cumulative volume for the session recorded roughly 2.61B 4 tokens traded, translating to approximately $41.01M USDT.
• The short-term 7-period moving average rests at $0.014136, trailing well below the current spot price.
• Intermediate and long-term indicators place the MA(25) at $0.012561 and the MA(99) at $0.011941 respectively.
• Price expansion accelerated rapidly following a bounce off the local swing support floor situated at $0.010895.
• Market participants are closely watching whether heavy volume can sustain a break and hold past the $0.017 resistance ceiling.#SOLJumps20%OnTheWeek #WarshSaysInflationIsFedTopFocus #FedSeptRateHikeOddsRiseTo57% #TrumpSaysUSReachedVenezuelaOilDeal #USShortTermTreasuryYieldsJump $4