I'm watching SIN closely because today's weakness hasn't completely erased the previous buying interest. The next few candles should tell us whether this is simply a pullback or the beginning of a deeper correction.
The current market structure remains fragile, with sellers maintaining a slight advantage. A recovery above resistance would improve my outlook considerably, while a loss of support would keep me defensive.
Support: $0.000101 – $0.000103
Resistance: $0.000109 – $0.000112
My strategy is straightforward: wait for confirmation before committing capital.
Entry Zone: $0.000109 – $0.000110
Stop Loss: Below $0.000102
Target 1: $0.000116
Target 2: $0.000123
Target 3: $0.000132
I never let one trade define my portfolio. Smart position sizing keeps emotions under control.
This is my personal market view, not financial advice.
#US-Japan yen intervention #US Bitcoin ETFs see inflow #Arthur Hayes warns AI infrastructure bubble #AI models pose security risks #Coldcard hardware wallet vulnerability $SIN
