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Currently, the downside Fair Value Gap (FVG) zone stands as a critical resistance point. If FET can close above this level, the next downside FVG area may be targeted, potentially fueling further bullish momentum. However, if buyers remain weak and selling pressure increases, a retracement towards the key support zones is possible.

Losing the $0.42 support could intensify the selling pressure, potentially driving the price down to $0.38. If no strong buying interest emerges at this level, further declines may be on the horizon.

The upcoming price action in the FET/USDT pair largely depends on its reaction to the FVG zone. Traders should closely monitor these critical levels for potential opportunities.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post FET Rebounds From Support Zone! What Are the Targets? appeared first on Coin Engineer.

What Are the Binance Alpha Token Review Criteria?

All tokens listed on Binance Alpha will be evaluated based on the following criteria:

• On-Chain Data: Metrics such as transaction volume stability, liquidity depth, on-chain transaction frequency, and token holder distribution.
• Trust Factors: Elements including the credibility of the project team, regulatory compliance, ecosystem alignment, and community popularity.

Tokens that fail to meet these criteria will be removed from Binance Alpha.

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Which Tokens Will Be Delisted?

Following the latest reviews, the following tokens have been found to no longer meet Binance Wallet standards and will be delisted from Binance Alpha:

FAI, METAV, MLG, MONKY, PSTAKE, WHALES, GEL, VISTA, EVAN, MIRA, COCO, TAOCAT, FLOCK, OPUS, FREYA, AIXCB, VERTAI, STRDY, SEKOIA, VADER, ELIZA

Binance continues to promote transparency and innovation. For updates, follow Binance Wallet‘s official X account.

Tokens listed on Binance Alpha may carry higher-than-normal risks and are more susceptible to price fluctuations. Users are advised to implement risk management strategies and conduct thorough research before investing.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Alpha Introduces New Review Mechanism! appeared first on Coin Engineer.

Key Bitcoin Levels for Intraday Trading

The BTC/USDT pair gained 2.02% in the last 24 hours, currently trading at $101,417. Bitcoin (BTC) broke the previously highlighted resistance level of $100,998, marking a solid upward movement. To continue this trend, BTC needs to close above the resistance at $103,608. Key support levels are located at $100,998 and $99,304.

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Ethereum (ETH): The ETH/USDT pair dropped 0.02% in the past 24 hours and is currently trading at $3,370. Resistance levels for ETH are at $3,440, followed by $3,535. Support zones can be found at $3,290 and $3,217.

VeChain (VET): The VET/USDT pair surged by 17.40% over the last 24 hours and is now trading at $0.05684. Key resistance levels are at $0.05730 and $0.06069, while support zones are $0.05435 and, in case of further decline, $0.05046.

Decentraland (MANA): The MANA/USDT pair climbed by 8.50% in the past 24 hours, currently trading at $0.5697. Resistance levels for MANA are at $0.5703, followed by $0.6186. Support zones are $0.5325 and $0.5100 if the decline deepens.

JasmyCoin (JASMY): The JASMY/USDT pair rose 1.20% in the past 24 hours, trading at $0.03254. Resistance levels are at $0.03443 and $0.03794, while support zones are $0.03052 and $0.02795 if further corrections occur.

Trending Coins

The top trending coins over the last 24 hours include MAX (MAX), XRP (XRP), and AIXBT by Virtuals (AIXBT). The biggest gainers are MEOW (MEOW), Morpho (MORPHO), and Amp (AMP), while the largest losers are AI Rig Complex (ARC), AI16Z (AI16Z), and ChainGPT (CGPT).

Bitcoin Liquidation Map

Analyzing the 12-hour liquidation map for Bitcoin, we see significant liquidation at the upper level of $102,948, amounting to $39.61 million. On the downside, the prominent level is $98,926, with a liquidation amount of $48.85 million.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post The Latest on Bitcoin and Cryptocurrencies: 17 January appeared first on Coin Engineer.