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Michael Saylor2
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Bearish
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Layer 2 is the king
$ARB
volume and users both strong
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$ASP #USJobsData TERUSDT Perp is trading near 0.802 after a sharp intraday drop of over 7%. Price remains below MA 7, MA 25, and MA 99 on the 15-minute chart, confirming short-term bearish momentum. Strong selling volume suggests continued pressure. Key support lies at 0.79–0.76, while resistance is stacked near 0.82–0.83. Trend favors sellers.
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$STRK USDT (Perp) | Pressure Below Key Averages STRKUSDT is trading at $0.0942, down -9.60% in the last 24 hours. Price is moving below short-term moving averages and respecting a descending trendline, signaling continued bearish control. Volume spikes on red candles suggest sell-side dominance. A reclaim above $0.096–0.098 is needed for relief; otherwise, downside volatility may persist.
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$PUMP PUSDT (Perp) | Volatility Spike, Bears Active PUMPUSDT trades at $0.002414, down -9.96% in 24h. Price failed to hold above short-term moving averages and faced rejection from the descending trendline. Heavy volume on sell candles signals aggressive distribution. This level is critical—either a quick liquidity sweep bounce or continued downside pressure.
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$ASP TERUSDT (Perp) | Bearish Pressure Holding ASTERUSDT trades at $0.8106, down -9.74% in 24h. Price is stuck below key moving averages and facing repeated rejection from the descending trendline. Volume spikes on red candles confirm seller dominance. This zone is crucial—either buyers step in for a relief bounce or downside continuation remains in play.
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$ZRC USDT (Perp) | Heavy Sell-Off Zone ZRCUSDT trades at $0.004483, down -11.91% in 24h. Price is making lower lows and trading below all key moving averages, confirming strong bearish momentum. Rising sell volume supports continuation pressure. This is a critical zone—either a short-lived relief bounce or further downside extension.
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