The FOMC Meeting is just 90 mins away ⌛
Expect volatility across the board.
ALTCOIN SUPPORT LEVELS TO WATCH :
$SUI : $2.6
$LINK : $10.7
$TAO : $310
$ONDO : $0.7
$KAS : $0.07
$RENDER : $3
$ALGO : $0.16
$QNT : $100
$INJ : $10
$QUBIC : $0.0{5}15
$CPOOL : $0.10
Whether it’s rate cuts (highly unlikely) or a word of caution from Powell, price action will likely react quickly, especially in altcoins.
That’s why knowing your key support levels is more important than ever.
These are not random guesses but I have marked these levels after my long term analysis on their daily charts.
They are built on volume concentration over the last 12 months.
If the market dips on bearish news, these levels must hold. A break below may lead to deeper corrections, but if they hold, a quick recovery is possible.
On the flip side, if the news is bullish or even neutral with hopeful hints, these same levels can act as great DCA zones.
Stay alert.
Reaction to macro events can offer some of the best entries if you’re watching the right zones.
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