Today’s strong move in RIVER/USDT looks like a Bullish Fake Pump rather than a real breakout. Price pushed aggressively into the 69–70 resistance zone, but failed to hold above it and showed clear rejection.
$RIVER Why this looks like a fake bullish move:
RSI on higher timeframe entered overbought (70+) Multiple candles formed long upper wicks → selling pressure Pump was driven by liquidity grab, not sustained buying No strong follow-through after the breakout attempt 📉 Current Bias: SHORT This pump appears to be a liquidity sweep, and a corrective move is likely.
$RIVER Short Entry: 68.0 – 69.0 zone Stop Loss: 72.5 TP1: 62.0 TP2: 56.0 TP3: 50.0
$BTC Iran's crypto market is booming, with the country's Central Bank (CBI) accumulating over $507 million in Tether's USDT stablecoin to stabilize the collapsing rial and bypass sanctions. This move highlights the country's reliance on cryptocurrencies to circumvent economic restrictions.
*Key Points:*
- _Sanctions Evasion_: Iran is using crypto to evade US sanctions, with the IRGC controlling 50% of the country's crypto activity. - _Rial Stabilization_: The CBI is using USDT to prop up the rial and facilitate trade. - _Crypto Adoption_: Iran's crypto economy has ballooned to over $7.78 billion, driven by hyperinflation and sanctions. - _Risks and Opportunities_: Investors face geopolitical risks, regulatory concerns, and potential sanctions enforcement.
The situation is being closely watched by global financial institutions, with implications for monetary policy and digital currencies in international trade. #USIranMarketImpact #BTCVSGOLD #BTC100kNext?
🔹Now its Time to SHORT Entry (Short): 👉 Around 0.205–0.215 USDT — near resistance. Stop‑Loss: 👉 0.225 USDT Take Profit: ✔ 0.180 USDT ✔ 0.155 USDT $ACU is the native token of Acurast, a decentralized compute network that aims to use smartphone and mobile compute power to perform decentralized cloud tasks — sort of like a blockchain‑powered alternative to AWS or Google Cloud. It’s positioned in the DePIN (Decentralized Physical Infrastructure Networks) space. � CryptoRank +1 🔹 Price & Market Behavior #ACU is actively traded against USDT and has shown large short‑term price movement as it gains exchange listings and trading interest. Recent data shows the price around $0.19 $ACU per USDT with significant 24 h gains. � CoinMarketCap The token reached an all‑time high ~0.2116 USDT recently, with noticeable volatility. � CoinMarketCap Price history shows strong ups and downs, indicating speculative trading and low liquidity compared with major tokens. #WhoIsNextFedChair #USTraderDeficitShrink #ZTCBinanceTGEsw #WriteToEarnUpgrade
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