The Polygon network is one of the most prominent second-layer projects on the Ethereum network, aiming to accelerate transactions and reduce gas fees. The project is technically strong and has the support of major developers.
🔸 Current Technical Situation: The currency is moving within a descending wedge pattern that may indicate a near reversal if it breaks the resistance at $0.35. The main support is around $0.20.
🔸 Technical Indicators:
RSI indicates an oversold condition, which may support a near-term rebound.
MACD is still below the signal line, so we need confirmation of an upward movement before entering.
🔸 Expected Scenario:
If it breaks $0.35 with a strong close, the initial target can be $0.43.
However, breaking the support at $0.20 confirms the continuation of the downward trend.
📊 Summary: The currency is at a critical stage — a potential speculative opportunity upon breaking the resistance, but risk management is essential.
📍 Technical Analysis – Not a recommendation to buy or sell
The recent candles are short and the downward momentum is slightly weakening, which means we might be approaching a temporary corrective rebound.
There hasn't been any real upward break yet, so the fundamental direction hasn't changed.
📉 The most likely scenario now:
The overall trend is still downward.
But the price might temporarily bounce upwards (small correction) before continuing to drop.
🎯 The strongest technical scenario now:
As long as the price is below 104,800 – 105,000, the trend remains downward.
If it breaks above 105,000 with a strong candle close, then we can say a temporary upward correction has started.
🔹 Summary: The most likely scenario now → Bitcoin is down But after all the drop that has occurred, it might take a little pause or experience a small corrective bounce before continuing to fall. $BTC #MarketPullback #BTC #cryptouniverseofficial
nooraV4
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Bearish
Yesterday's Analysis: I anticipated that Bitcoin would drop from around 107,800 to levels of 106,900 – 107,000 with clear selling momentum. 🔹 The chart now confirms: the price has indeed continued to drop strongly to around 104,000 (which means a decline of more than 3,000 points approximately).
This confirms that the scenario we outlined yesterday (a drop after losing momentum under resistance) has been accurately realized 🎯
🧭 Result:
The overall trend remains bearish as we expected.
No strong reversal or clear corrective rise has appeared yet.
In other words: the market continued the previous technical scenario without breaking the conditions.
Overall: ✅ Yesterday's analysis was correct and steady, and the market really followed it step by step $BTC
Yesterday's Analysis: I anticipated that Bitcoin would drop from around 107,800 to levels of 106,900 – 107,000 with clear selling momentum. 🔹 The chart now confirms: the price has indeed continued to drop strongly to around 104,000 (which means a decline of more than 3,000 points approximately).
This confirms that the scenario we outlined yesterday (a drop after losing momentum under resistance) has been accurately realized 🎯
🧭 Result:
The overall trend remains bearish as we expected.
No strong reversal or clear corrective rise has appeared yet.
In other words: the market continued the previous technical scenario without breaking the conditions.
Overall: ✅ Yesterday's analysis was correct and steady, and the market really followed it step by step $BTC #MarketPullback #BTC
nooraV4
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📉 Technical analysis of Bitcoin (BTC/USD)
On the 15-minute timeframe, the price continues to move within a corrective range after a strong downward wave from levels of 109,000. Currently, Bitcoin is trading around 107,500, with a sell signal from the UT Bot tool supporting the continuation of the downward trend in the short term.
🔹 Technical observation points:
The failure of the price to hold above the area of 107,800 confirms selling pressure.
There is a Fair Value Gap that has not yet been closed around 106,900, which may attract the price downward.
Momentum indicators remain negative, suggesting that the decline will continue before any corrective bounce.
🎯 Quick analysis:
Short-term overall trend: Bearish
Resistance area: 107,800 – 108,000
Support area: 106,900 – 106,500 $BTC
⚠️ If the support at 106,900 is broken with a strong candle close, we may witness a continued decline towards 106,400.
On the 15-minute timeframe, the price continues to move within a corrective range after a strong downward wave from levels of 109,000. Currently, Bitcoin is trading around 107,500, with a sell signal from the UT Bot tool supporting the continuation of the downward trend in the short term.
🔹 Technical observation points:
The failure of the price to hold above the area of 107,800 confirms selling pressure.
There is a Fair Value Gap that has not yet been closed around 106,900, which may attract the price downward.
Momentum indicators remain negative, suggesting that the decline will continue before any corrective bounce.
🎯 Quick analysis:
Short-term overall trend: Bearish
Resistance area: 107,800 – 108,000
Support area: 106,900 – 106,500 $BTC
⚠️ If the support at 106,900 is broken with a strong candle close, we may witness a continued decline towards 106,400.
The SOL currency is currently moving between $130 support and $145 resistance. 🔸 If it holds above $130, it may rise to $148. 🔸 If it breaks $130, it may drop to $122.
The current trend is neutral with a slight bias towards the upside, provided that the overall market supports it. It is preferable to wait for a clear break of one of the levels. $SOL #solana #sol
📉 Current Price: $107,000 📈 Performance Over 24 Hours: -2.5% 📊 Market Cap: $2.13 Trillion
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📌 Quick Technical Overview:
RSI indicates a "Sell" condition, reflecting selling pressure in the market.
MACD reinforces the negative trend, with a possibility of continued decline in the short term.
Stoch RSI: in the "Oversold" zone, which may signal a potential price rebound soon.
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🧱 Support and Resistance:
📉 Near Support: $108,100
📈 Next Resistance: $110,000
⚠️ Breaking support could push the price down to $97,000, while breaking resistance opens the door towards $123,000.
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🔮 Short-Term Forecast: Despite the current correction, positive mid-term expectations remain, and we may see a retest of the benchmark levels at $120,000 with improving momentum. 📲 Share your opinion: Do you see this movement as just a healthy correction? Or the beginning of a deeper downward wave? #Bitcoin #Technical_Analysis #BinanceFeed #BTC #تداول $BTC #BinanceAlphaAlert #Bitcoin2025
This is a great initiative! Tasks that reward users with $BROCCOLI714 tokens are a fun and engaging way to build a strong community around the project. Looking forward to participating and seeing how this partnership with @Broccoli BNB unfolds! ##broccoli
We all followed what happened with the TRUMP coin, and what happened reaffirms the importance of caution in the world of cryptocurrencies, especially with meme coins or those that rely on famous personalities.
Unfortunately, some entered because of the media hype or greed, without study or risk management. Here we always repeat: do not enter any coin without understanding its project, the team behind it, and its credibility.
Expected trading range: It is expected that the price of Bitcoin will range between $102,000 and $105,000 during the next week, with a possibility of testing the mentioned resistance levels.
Bullish scenario: If the price breaks through the resistance level at $105,000, it may target higher levels reaching $106,000.
If you could turn back time to 2010 and I told you to buy Bitcoin for less than a dollar, what would you do? Sure, you buy and hold it, right? Well, let's be realistic: the opportunity hasn't gone away, it has just changed.
Bitcoin today is not just a digital currency... it has become an investment asset competing with gold, attracting companies, and providing real opportunities to build wealth in the long term.
Start with Small Amounts: Don't invest more than you can afford to lose.
Learn Technical and Fundamental Analysis: To understand the market and the timing of buying or selling.
Follow the News: Changes in global policies or endorsements by major institutions can affect prices.
Think Long-Term: Many successful Bitcoin investors have held it for years to achieve significant returns. $BTC Bitcoin Price Analysis $BTC (BTC) Based on the Image:
Current Price: $102,988
Change Today: Decrease of -0.5% (approximately -$518)
Change Last Week: Decrease of -1.74% (approximately -$1,821)