Brazilian court denies release of crypto fraud suspect

Aug 9, Brazil's STJ rejected Luccas' release request, maintaining his detention in São Paulo. He is accused of stealing 813 million reais ($160M) from C&M Software via illegal system access, laundering funds through 300 fake bank accounts and converting to BTC and USDT.

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BTC/USDT
80,284.7+2.17%
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S T E P H E N

📉$KOMA is showing early bearish momentum with a fresh 1-sequence short setup, backed by $5K in short volume. Sellers are beginning to step in, but further confirmation is needed before expecting sustained downside.


🎯 Short Entry Zone:

0.0137 – 0.0139


Targets:

🎯 TP1: 0.0134

🎯 TP2: 0.0130

🎯 TP3: 0.0125


🛑 Stop Loss:

Close above 0.0143


📊 Trading Logic:

Wait for a bounce into the entry zone followed by clear bearish rejection. Another short sequence with increasing selling volume would strengthen the setup.


⚠️ Risk Note:

KOMA can move sharply due to its relatively low average volume. Avoid chasing the short, control leverage, and use disciplined position sizing. Protect capital first.



$XRP $HEI $BICO



#Meme coins enter crypto ETF #Ethereum and Solana supply changes #Apple integrates Qwen into system #US Nonfarm Payrolls fall #Brazilian court denies release of crypto fraud suspect

coinKOMA-2.76%coinXRP+1.98%coinHEI-0.31%coinBICO-2.64%
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S T E P H E N

📉$FIL is showing very strong bearish momentum with a 9-sequence short setup, backed by $220K cumulative short volume. Sellers are maintaining sustained pressure, making the downside bias strong while resistance remains intact.


🎯 Short Entry Zone:

0.7070 – 0.7130


Targets:

🎯 TP1: 0.6950

🎯 TP2: 0.6800

🎯 TP3: 0.6600


🛑 Stop Loss:

Close above 0.7250


📊 Trading Logic:

The 9-sequence structure and $220K cumulative selling volume provide strong confirmation. However, the move is already extended, so avoid chasing. A relief bounce into the entry zone followed by bearish rejection is preferred.


⚠️ Risk Note:

Extended short sequences can trigger sudden short squeezes. Use low leverage, disciplined position sizing, and strict risk management.



$SOL $HFT $BICO



#Meme coins enter crypto ETF #Ethereum and Solana supply changes #Brazilian court denies release of crypto fraud suspect #Clarity Act sets September vote

coinFIL-1.04%coinSOL+3.28%coinHFT+0.6%coinBICO-2.64%
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S T E P H E N

📈$GRVT is showing strengthening bullish momentum with a 4-sequence long setup, backed by $20K cumulative long volume. Buyers are steadily building pressure after the earlier extended selling sequence.


🎯 Long Entry Zone:

0.2875 – 0.2900


Targets:

🎯 TP1: 0.2940

🎯 TP2: 0.3000

🎯 TP3: 0.3080


🛑 Stop Loss:

Close below 0.2830


📊 Trading Logic:

The 4-sequence structure provides meaningful bullish confirmation, but GRVT previously showed heavy selling pressure. A successful breakout-retest above the entry zone would offer stronger confirmation.


⚠️ Risk Note:

After a prolonged bearish sequence, volatility can remain elevated. Keep leverage controlled and avoid oversized positions.



$CHEQ $BNB $LINK



#Meme coins enter crypto ETF #Ethereum and Solana supply changes #Apple integrates Qwen into system #Brazilian court denies release of crypto fraud suspect

coinGRVT-3.5%coinCHEQ-0.42%coinBNB+1.95%coinLINK+3.26%
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Bullish_ bhai

$PENGU

The short-term setup remains bullish, with $PENGU trading around $0.006705 and showing strong positive momentum. Price is holding above the immediate psychological $0.00670 area, while the sharp daily gain shows buyers are currently controlling the short-term order flow.

EP (Entry Price): $0.00665 – $0.00672

TP1: $0.00690

TP2: $0.00715

TP3: $0.00745

TP4: $0.00780

SL (Stop Loss): $0.00635

Trend strength is bullish as long as price continues holding above the $0.00660–$0.00665 support zone.

Momentum favors continuation because buyers have pushed price higher without losing the immediate structure.

A clean break above $0.00690 can trigger fresh liquidity toward $0.00715 and $0.00745.



#Clarity Act sets September vote #Fed holds interest rates #Brazilian court denies release of crypto fraud suspect #BTCPay limits Lightning remote access

coinPENGU-1.48%
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S T E P H E N

📈$THE is showing strengthening bullish momentum with a 2-sequence long setup, backed by $10K cumulative long volume. Buyers are building pressure, favoring further upside if support continues to hold.


🎯 Long Entry Zone:

0.0728 – 0.0735


Targets:

🎯 TP1: 0.0745

🎯 TP2: 0.0760

🎯 TP3: 0.0780


🛑 Stop Loss:

Close below 0.0715


📊 Trading Logic:

Wait for a controlled pullback into the entry zone or a confirmed breakout-retest before entering. The 2-sequence structure provides initial bullish confirmation, while additional buying volume would strengthen the setup.


⚠️ Risk Note:

THE can experience sharp momentum moves and sudden reversals. Avoid chasing the move, control leverage, and use disciplined position sizing. Protect capital first.



$BNB $SOL $TEA



#Meme coins enter crypto ETF #Ethereum and Solana supply changes #Apple integrates Qwen into system #Brazilian court denies release of crypto fraud suspect




THE/USDT
Perp
-20.72%
BNB/USDT
Perp
+1.97%
coinSOL+3.28%coinTEA-1.12%