$Somi recent price surge shows clear signs of exhaustion, with declining volume and repeated failures to break above key resistance levelsโclassic indicators of an imminent reversal. Technical indicators like the RSI and MACD are flashing overbought conditions, suggesting that bullish momentum is weakening rapidly and a pullback is not just likely but overdue. With market sentiment shifting and early investors looking to secure profits, itโs only a matter of time before $Somi faces a sharp correction.
The whales are starting to pack their bags full of $SOMI ,quietly preparing to make their exit before the price takes a hit. If you're still holding on, nowโs the moment to protect your hard-earned profits before the big players cash out and leave retail traders in the dust. Donโt get caught sleeping โ make your move before the market shifts and your gains vanish with the tide.
Nowโs the time to sell $Somi โ the smart money is already moving out, and hesitation could cost you. Whales are positioning themselves to scoop up profits.
Nowโs the time to sell $Somi โ the smart money is already moving out, and hesitation could cost you. Whales are positioning themselves to scoop up profits.
AA PUR BO DEB NATH
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Bearish
$SOMI shorts signal Entry zone 0.9680 - 0.9720 Leverage 10x - 20x (cross or Isolated ) SL : 0.9200 TP1: 0.9450 TP2: 0.9000 TP3: 0.8500 TP4: 0.5400
FOLLOW for more....!
$SOMI {future}(SOMIUSDT) @Binance Square Official #squarecreator #Squar2earn #Square #SOMI
Nowโs the time to sell $SOMI โ the smart money is already moving out, and hesitation could cost you. Whales are positioning themselves to scoop up profits, and if you wait too long, theyโll be dining on the gains you couldโve had. Protect your profits, act decisively, and stay ahead of the game before the tide turns.
$SOMI /USDT rallied +41% in the last 24h but is now showing exhaustion near the 0.85 resistance zone. A rejection candle and overbought conditions suggest momentum is fading, with sellers beginning to take control. Losing the 0.80 handle strengthens the bearish case and opens room for deeper retracement.
โ ๏ธ Risk Management Short with controlled size and risk no more than 2% of capital. Keep stops firm above 0.86 to avoid being trapped in a squeeze. Take profits gradually at key liquidity levels (0.70 / 0.64 / 0.55).
$PROVE , $MITO , $GTC , $Red, and $Eigen are showing strong signs of recovery โ charts turning green, momentum building, and buyers stepping back in. The consolidation phase looks over, and these plays are starting to pump with fresh energy. ๐
The charts bleed red like a battlefield, and once again we find ourselves in the trenches, praying for mercy from the market gods.
Every candle that forms feels like a punch โ red after red, the relentless sell pressure is a cold reminder that hope alone doesnโt drive price. Yetโฆ we still wait. We still believe. We still watch.
Hoping that maybe, just maybe, a green candle will rise like a phoenix through the ashes of this bearish hell.
Hoping for the volume to kick in, the buyers to step up, the sentiment to shift.
Hoping to finally break the downtrend, reclaim key levels, and move โ no, surge โ back to the upside. Because thatโs what trading is. Itโs not just strategy and charts โ itโs patience, discipline, and an unhealthy amount of copium on the side. ๐ฅต๐ฅต๐ฅต
The markets are cold right now, but one green candle is all it takes to ignite the fire again. Until then, we survive. We endure. And we keep the faith.
Succinct (PROVE) is down 0.4% in the past 24h, continuing a broader 11.8% weekly decline. The dip reflects profit-taking after recent exchange listings, airdrop sell-offs, and subdued altcoin sentiment as Bitcoin dominance rises.
Airdrop selling pressure โ 15M tokens unlocked via Binanceโs HODLer program triggered sell-offs.
Altcoin weakness โ Bitcoin dominance (+57.17%) and market rotation hurt risk appetite for newer tokens.
Technical bearishness โ RSI at 35.86 signals oversold conditions but no reversal confirmation.
Deep Dive @Succinct #SuccinctLabs $PROVE #Succinct
1. Post-Listing Sell Pressure
Overview: PROVE faced profit-taking after major exchange listings (Binance, Coinbase, Upbit) between Aug 5-6. Airdrop recipients sold ~$19.85M worth of tokens , with 15M PROVE unlocked via Binanceโs HODLer program.
What this means: Initial hype around listings created a โsell the newsโ effect, amplified by low float (19.5% circulating supply). Despite a $565M volume spike on Upbitโs PROVE/KRW listing, weak holding patterns among airdrop claimants exacerbated volatility.
What to look out for: Unclaimed airdrop tokens (~31.15M PROVE) and staking rates (currently 0.68% of supply).
2. Altcoin Sentiment Shift
Overview: Bitcoin dominance rose to 57.17% (up 0.18% weekly), while the Altcoin Season Index fell 3.45% in 24h. PROVEโs 7-day drop (-11.8%) outpaced the crypto marketโs 5.1% decline.
What this means: Traders rotated capital toward Bitcoin amid macro uncertainty, pressuring newer altcoins like PROVE. The Fear & Greed Index at โNeutralโ (40) reflects caution, reducing speculative appetite for ZK-proof narratives.
3. Technical Weakness
Overview: PROVE trades below its 7-day SMA ($1.03) and pivot point ($0.97085). The RSI-7 at 35.86 nears oversold territory but lacks bullish divergence.
The $0.96 support aligns with post-listing lows from Aug 5-6. A close below $0.90 could trigger cascading liquidations, while reclaiming $1.03 SMA might stabilize prices.
๐The next few hours are crucial for $BTC . ๐ฒWill the currently held $109,360 Bullish OB be broken, and the next stop is 125K๐.BTCUSD IMPORTANT UPDATEโผโผ
๐ธHow are you all? Here is my third SMC update for BTC. So, since the market has crashed by now, many people are afraid of what kind of movement it will take next. So here is a detailed description. See all the charts related to the update below๐
๐นOkay, then if you take the BTC 1DAY chart, you can see a bearish structure. So, if you look at this bearish trend from a technical perspective, a bearish rising wedge pattern has been formed. So, this dump has unexpectedly dumped from around 124k to a price level of around $108,715. According to SMC, the last high is at $124,377, and the last high-high is here. So we can see that the lower support line has been broken in this chart pattern. Then the low high was made and before the big dump, this support line was retested. So the dump from there is what continues. So far, BTC has stopped in a valid order block. So there is a chance for the market to pump again from here. So this OB has been made with a BOS. Even if an entry is made from here, there will not be a big SL. If there is a pump from here, you will definitely get a big gain of 17.07%. So I think the next stop is $125,000. We need to be very careful about this area in the next few days. So I think this will be important for everyone. Share your thoughts below. Have a good day ๐. #MarketPullback {spot}(BTCUSDT)
$BTC TO $114Kโ$115K TONIGHTโผ๏ธTHE BULL RUN IS BACK, AND ITโS MOVING FAST ๐๐๐
Binance News
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Bitcoin News: Bitcoin Price Rebounds to $113K Despite โOGโ Whale Selling, Analysts Warn of Double Top Risk
Key TakeawaysBitcoin reclaimed $113,000 Thursday despite renewed selling from an โOGโ whale who sent 250 BTC ($28M) to Binance.Daily gains of 1.6% triggered $40M in short liquidations, but traders say BTC must clear $117,500 to avoid a bearish โdouble top.โAccumulation by retail and institutions is at its highest since April, suggesting potential for further upside.Bitcoin Holds Firm at $113K as Whales SellBitcoinโs price rebounded to $113,365 on Thursday, overcoming fresh selling pressure from a long-dormant whale entity, according to data from Cointelegraph Markets Pro and TradingView.The uptick came as traders liquidated around $40 million in crypto shorts over a four-hour span, per CoinGlass. Despite whale activity, demand from Asian markets helped keep Bitcoin in positive territory.Blockchain tracker Lookonchain flagged the latest whale sale, with 250 BTC transferred to Binance following a 750 BTC sell-off the day prior. The whale, identified as address โbc1qlf,โ still holds about 3,000 BTC ($339M).Analysts Split on Whale Distribution and Market Top RisksVeteran trader Peter Brandt noted that the selling reflected โclassic market tops,โ warning that supply-driven distribution often signals local price ceilings.โIt represented SUPPLY. Tops in markets are created by SUPPLY or DISTRIBUTION,โ Brandt wrote on X.However, analysts at Bitwise pointed to growing accumulation instead. Andre Dragosch, head of research at the firm, said both retail and institutional buying are now at their highest since April, during Bitcoinโs recovery from sub-$75K lows.ย โSuch high levels of accumulation tend to precede major breakouts,โ Dragosch said, citing Bitwise data.Technical Watch: $117,500 Key to Confirm BreakoutWhile Bitcoinโs recovery has eased concerns of further downside, analysts caution that the market remains at a crossroads.Brandt said BTC/USD must reclaim $117,500 to avoid forming a double top pattern, which would invalidate seven weeks of bullish structure.Meanwhile, the Coinbase Premium Index turned red on Wednesday, according to CryptoQuant, suggesting weakening U.S. demand compared to Asia-led buying earlier in the week.Bitcoinโs ability to shrug off whale selling is a bullish sign, but traders warn that the next leg higher depends on breaking resistance near $117,500. Until then, risks of a technical reversal remain, even as long-term accumulation strengthens the bullish case.
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