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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
#GPS# /USDT Short Trade Setup 📉
💰 Current Price: $0.1131
📉 Up 7.92%, but showing signs of rejection
📊 Key Levels:
Resistance: $0.1200 / $0.1300
Support: $0.1100 / $0.1050
🎯 Targets:
TP1: $0.1100
TP2: $0.1070
TP3: $0.1030
🛑 Stop Loss: $0.1180
📊 Market Insight:
Strong rejection from the $0.1500 high, indicating potential downside.
Wick on the last candle suggests aggressive selling pressure.
If $0.1100 breaks, we could see more downside movement.
🔥 Pro Tip:
Wait for a break below $0.1120 for better confirmation.
Manage risk with a tight stop-loss above resistance.
Monitor price action closely before entering the trade.
🚀 Trade Smart & Stay Safe!
#Join Honor Credits Draw & Win MacBook Air and Merch# #Which Coins are You Bullish on for March?# #Coins to Buy on the Dip#