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This indicator relies on a 60-day moving average instead of the traditional 90-day period used in the classic Altseason Index. 👀 Why? Because it helps detect trend changes earlier.
Currently, there are no clear signs of an upcoming Altseason. 👉 BTC dominance remains strong, and most altcoins are still lagging behind.
Keep an eye on this indicator — once it starts heating up, it could give an early signal for the next big altcoin rally 🚀
Today’s sudden market rally isn’t backed by any major fundamental catalyst. There’s been no new announcements from the Fed, no significant macroeconomic data releases, and no major crypto-specific news to justify this sharp move.
This type of price action is often driven by derivatives market dynamics, particularly short liquidations. When a large number of short positions get squeezed, it triggers a cascade of forced buy orders, pushing prices higher rapidly and creating the illusion of strong bullish momentum.
In reality, this is more likely a liquidity hunt than the start of a new trend. Traders should be cautious not to chase impulsive moves without clear confirmation.
Strong resistance spotted near 0.3674, making it a good level for a short entry.
RSI ~62, close to overbought → supports potential downside.
SAR is above the price → bearish indication.
MACD shows weak momentum with no strong bullish crossover.
✅ This setup looks good for a short-term short trade aiming at 0.3600. ⚠️ Make sure to stick to the stop-loss, because a breakout above 0.3675 could push the price toward 0.3720.
I believe $BNB might continue its short-term correction down to the $850 support zone before making its next big move. This level could act as a strong foundation for a potential rebound.
If BNB holds above $850 and manages to break through the $900 resistance, we could see the start of a new rally and possibly a fresh all-time high. 🚀
What do you think — will BNB bounce back stronger after testing $850?
$KERNEL Entry: 0.2190 – 0.2200 (very close to support at 0.2188)
Stop Loss: below 0.2170 (to protect if breakdown continues)
Take Profit 1: 0.2250 (minor resistance)
Take Profit 2: 0.2300 (next resistance zone)
⚡ Note: Price is heavily oversold, so a small bounce is possible, but trend is still bearish overall. Safer to treat this only as a quick scalp and not a swing.