May 22, Kevin Warsh sworn in as Fed Chair, plans to remove personal rate projections from FOMC communications, signaling a shift in policy transparency.
Checking out BLOCKST
$BLOCKST down 16% to 0.0025. Support at 0.0024, resistance at 0.0026.
Long: 0.00248–0.00252 / SL 0.00240 / TP 0.00260, 0.00270, 0.00280
Short: 0.00252–0.00256 / SL 0.00260 / TP 0.00246, 0.00242, 0.00238
This is the smallest dump on your list. But still red. I'd watch 0.0024.
#Fed chair changes communication style #Decentralized AI tokens rally #Clarity Act funding debate #BTC hits major 66k resistance
Let's talk about GWEI
$GWEI down 17% to 0.1217. Support at 0.118, resistance at 0.126.
Long: 0.120–0.122 / SL 0.117 / TP 0.126, 0.130, 0.134
Short: 0.122–0.125 / SL 0.128 / TP 0.119, 0.116, 0.113
RSI at 36 — getting close to oversold. But still room to drop.
#Fed chair changes communication style #Decentralized AI tokens rally #Clarity Act funding debate #BTC hits major 66k resistance
Here's what I see on SCOR
$SCOR down 19% to 0.016135. Support at 0.0155, resistance at 0.0168.
Long: 0.0160–0.0162 / SL 0.0154 / TP 0.0168, 0.0175, 0.0182
Short: 0.0162–0.0165 / SL 0.0170 / TP 0.0158, 0.0155, 0.0150
Trend is down. Lower highs. I'd lean short until 0.0155 holds.
#Japan hikes interest rates #Fed chair changes communication style #Clarity Act funding debate
What do you think about P?
$P down 20% to 0.00667. Support at 0.0064, resistance at 0.0070.
Long: 0.0066–0.0067 / SL 0.0063 / TP 0.0070, 0.0073, 0.0076
Short: 0.0067–0.0069 / SL 0.0071 / TP 0.0065, 0.0063, 0.0061
I'm watching 0.0064. If that breaks, more down. If it holds, maybe a bounce.
#Fed chair changes communication style #Decentralized AI tokens rally #Clarity Act funding debate
I've been watching ACQ
$ACQ down 22% to 0.0003124. Support at 0.00030, resistance at 0.00033.
Long: 0.000310–0.000315 / SL 0.000300 / TP 0.000330, 0.000345, 0.000360
Short: 0.000315–0.000322 / SL 0.000330 / TP 0.000305, 0.000295, 0.000285
Small cap. Moves fast. I'd wait for 0.00030 to hold before considering long.
#Fed chair changes communication style #Decentralized AI tokens rally #Clarity Act funding debate #BTC hits major 66k resistance
Let's look at DATA
$DATA down 25% to 0.0003998. Support at 0.00038, resistance at 0.00042.
Long: 0.000395–0.000400 / SL 0.000380 / TP 0.000420, 0.000435, 0.000450
Short: 0.000400–0.000410 / SL 0.000420 / TP 0.000385, 0.000375, 0.000365
Volume is heavy on the way down. I'd lean short until 0.00038 holds.
#Fed chair changes communication style #Decentralized AI tokens rally #Clarity Act funding debate #BTC hits major 66k resistance
What's happening with BEAT?
$BEAT down 26% to 2.71. Support at 2.60, resistance at 2.90.
Long: 2.65–2.72 / SL 2.55 / TP 2.90, 3.00, 3.15
Short: 2.72–2.80 / SL 2.88 / TP 2.60, 2.50, 2.40
RSI at 34 — getting oversold. Could bounce soon. But don't catch a falling knife. Wait for confirmation.
#Fed chair changes communication style #Decentralized AI tokens rally #Clarity Act funding debate #BTC hits major 66k resistance
Check this out on UXLINK
$UXLINK down 41% to 0.001566. Was up 98% yesterday. Now giving it all back.
Support: 0.00150, 0.00145, 0.00140
Resistance: 0.00165, 0.00175, 0.00185
Long: 0.00155–0.00158 / SL 0.00148 / TP 0.00165, 0.00175, 0.00185
Short: 0.00158–0.00162 / SL 0.00167 / TP 0.00152, 0.00148, 0.00145
This one's still falling. I'd short any bounce until 0.00150 shows it can hold.
#Fed chair changes communication style #Clarity Act funding debate #BTC hits major 66k resistance #Decentralized AI tokens rally
Let me tell you about PAWS right now
Yo. $PAWS just got destroyed — down 48% to 0.000003464. Yesterday it was up 147%. Now it's crashing hard.
Support: 0.0000030, 0.0000028, 0.0000025
Resistance: 0.0000038, 0.0000042, 0.0000048
Long play: 0.0000034–0.0000036 / SL 0.0000030 / TP 0.0000038, 0.0000042, 0.0000048
Short play: 0.0000035–0.0000037 / SL 0.0000039 / TP 0.0000032, 0.0000030, 0.0000028
What I'm seeing? 147% pump then 48% dump — classic. The dump might not be over yet. I'd wait for 0.0000030 to hold first.
#Fed chair changes communication style #Clarity Act funding debate #BTC hits major 66k resistance #Decentralized AI tokens rally
Something rare is on the verge of occurring in the US economy: The gap between the US unemployment rate and headline CPI has narrowed to just 0.1 percentage points, the smallest since 2022. This comes as inflation rose to 4.2% in May, the highest since April 2023, while the unemployment rate stood at 4.3% in March, April, and May. Historically, periods when this gap has approached zero have often been followed by Fed rate hikes. The most recent example includes 2021-2022, when inflation exceeded the unemployment rate for 22 months. This prompted the Fed to hike rates by 5.25 percentage points to 5.5% between March 2022 and July 2023, the highest since 2001. Inflation is back at the center of the Fed's attention.
