'Pharma Bro' Martin Shkreli Teases Binance Co-Founder Changpeng Zhao With A Supposed Prison Menu: 'Burgers On Wednesday, Chicken On Thursday'
- Martin Shkreli's Social Media Comment: Shkreli hinted at his prison life on social media platform X by commenting on a post by Changpeng Zhao, mentioning the prison menu.
- Shkreli's Prison Experience: Known as "Pharma Bro," Shkreli shared advice on prison life and was released in May 2022 after serving about five years.
- Shkreli's Legal Issues: He faced a lawsuit from the Federal Trade Commission, ordered to repay $64 million, and contested a lifetime ban as excessive.
- Changpeng Zhao's Sentencing: Co-founder of Binance, Zhao, was sentenced to four months in prison for failure to establish an effective anti-money laundering program.
- Importance of Compliance in Crypto Industry: Despite legal troubles, Zhao emphasized compliance, surrendered voting power in Binance, and highlighted the industry's regulatory importance.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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