1MBABYDOGE Surges 6.37% on Binance as Trading Volume Tops 4.2M USDT Amid Volatility
1MBABYDOGEUSDT has experienced notable volatility in the past 24 hours, with the price on Binance rising from 0.0003785 USDT to 0.0004026 USDT, marking a 6.37% increase. This price change is primarily attributed to renewed market sentiment following the removal of the low-liquidity 1MBABYDOGE/FDUSD trading pair, alongside continued support for the 1MBABYDOGE/USDT pair, ecosystem expansion discussions, and increased speculative activity. Technical analysis and trading alerts indicated a mix of bullish targets and short-term resistance, prompting both upward momentum and subsequent pullbacks as traders responded to rapid price swings and high trading volumes. The current circulating supply is approximately 196.55 billion tokens, and recent 24-hour trading volume on Binance has exceeded 4.2 million USDT, underscoring significant interest and activity around the asset.
$ETH just delivered a powerful impulsive bounce from the $1,880–$1,900 demand zone.
Structure has been reclaimed. Intraday momentum has shifted bullish. Buyers clearly defended the zone with strength.
Now price is approaching the critical $2,100–$2,170 heavy supply area, where previous selling pressure emerged.
This is the decision point.
A clean breakout and sustained hold above this region opens the door for continuation higher.
A rejection here likely confirms this move as a relief bounce within a broader range.
Ethereum is at a key inflection level. The reaction here will define the next leg. bus
$ADA USD remains under bearish pressure below 3044 level
The $ADA USD pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a oversold bounce back, potentially setting up for another move lower if resistance holds.
Key Level: 3044
This zone, previously a consolidation area, now acts as a significant resistance level.
A failed test and rejection at 3044 would likely resume the bearish momentum.
Downside targets include:
2280 – Initial support
2150 – Intermediate support
2024 – Longer-term support level
Bullish Scenario (breakout above 3044):
A confirmed breakout and daily close above 3044 would invalidate the bearish setup.
In that case, potential upside resistance levels are:
3174 – First resistance
3340 – Further upside target
Conclusion
$ADA USD remains under bearish pressure, with the 3044 level acting as a key inflection point. As long as the price remains below this level, the bias favours further downside. Traders should watch for price confirmation around that level to assess the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice.
#ADA #bearishmomentum #TrendingTopic
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