ResistanceZone
70,570 views
31 Discussing
Hot
Latest
#ResistanceZone
Today’s resistance lies between $123,800–$124,200. 🚧 This area has capped BTC’s last few rallies. A clear daily close above this range could open doors for the next leg upward. Traders are closely monitoring price action around this zone. #BTC #Trading
Today’s resistance lies between $123,800–$124,200. 🚧 This area has capped BTC’s last few rallies. A clear daily close above this range could open doors for the next leg upward. Traders are closely monitoring price action around this zone. #BTC #Trading
$LTC /USDT SHORT TRADE SIGNAL
👉 Entry Zone: 127.50 – 128.00
🎯 Targets:
• Target 1: 125.00
• Target 2: 122.50
• Target 3: 120.00
❌ Stop-loss: 129.80
LTC has shown a strong rally but is now facing resistance near 129. The price is starting to consolidate with signs of weakening momentum. A pullback is likely if it fails to break above resistance.
⚡ SELL TRADE HERE 👉🏻 $LTC
#LTC #CryptoSignal #ShortTrade #ReversalSignal #ResistanceZone
👉 Entry Zone: 127.50 – 128.00
🎯 Targets:
• Target 1: 125.00
• Target 2: 122.50
• Target 3: 120.00
❌ Stop-loss: 129.80
LTC has shown a strong rally but is now facing resistance near 129. The price is starting to consolidate with signs of weakening momentum. A pullback is likely if it fails to break above resistance.
⚡ SELL TRADE HERE 👉🏻 $LTC
#LTC #CryptoSignal #ShortTrade #ReversalSignal #ResistanceZone
$REZ /USDT SHORT TRADE SIGNAL
👉 Entry Zone: 0.01370 – 0.01385
🎯 Targets:
• Target 1: 0.01330
• Target 2: 0.01300
• Target 3: 0.01260
❌ Stop-loss: 0.01400
REZ is approaching local resistance after a sharp rally, showing signs of exhaustion on lower timeframes. A rejection from this zone could trigger a short-term pullback.
⚠️ SELL & TRADE HERE 👉🏻 $REZ
REZUSDT
Perp
0.01369
+3.32%
#REZ #CryptoSignal #AltcoinTrade #ResistanceZone #ScalpSetup
👉 Entry Zone: 0.01370 – 0.01385
🎯 Targets:
• Target 1: 0.01330
• Target 2: 0.01300
• Target 3: 0.01260
❌ Stop-loss: 0.01400
REZ is approaching local resistance after a sharp rally, showing signs of exhaustion on lower timeframes. A rejection from this zone could trigger a short-term pullback.
⚠️ SELL & TRADE HERE 👉🏻 $REZ
REZUSDT
Perp
0.01369
+3.32%
#REZ #CryptoSignal #AltcoinTrade #ResistanceZone #ScalpSetup
$REZ /USDT SHORT TRADE SIGNAL
👉 Entry Zone: 0.01370 – 0.01385
🎯 Targets:
• Target 1: 0.01330
• Target 2: 0.01300
• Target 3: 0.01260
❌ Stop-loss: 0.01400
REZ is approaching local resistance after a sharp rally, showing signs of exhaustion on lower timeframes. A rejection from this zone could trigger a short-term pullback.
⚠️ SELL & TRADE HERE 👉🏻 $REZ
#REZ #CryptoSignal #AltcoinTrade #ResistanceZone #ScalpSetup
👉 Entry Zone: 0.01370 – 0.01385
🎯 Targets:
• Target 1: 0.01330
• Target 2: 0.01300
• Target 3: 0.01260
❌ Stop-loss: 0.01400
REZ is approaching local resistance after a sharp rally, showing signs of exhaustion on lower timeframes. A rejection from this zone could trigger a short-term pullback.
⚠️ SELL & TRADE HERE 👉🏻 $REZ
#REZ #CryptoSignal #AltcoinTrade #ResistanceZone #ScalpSetup
Fahad-One2:
😂❌
$1INCH / USDT Showing Signs of Recovery on Binance - Watch for Resistance! 🛡️
Looking at the $1INCH / USDT 4-hour chart, we're seeing a potential bounce after a recent dip. Currently trading at 0.1711 USDT, it's up +0.59% in the last 4 hours but down -0.87% for the day.
After touching the 24-hour low of 0.1693 USDT, $1INCH appears to be gaining some upward momentum. It's now approaching resistance around the 0.1730 - 0.1740 USDT level.
Key Levels to Watch:
* Resistance: The 0.1730 - 0.1740 USDT zone is the immediate resistance. Breaking above this could signal a stronger recovery towards the 24-hour high of 0.1767 USDT.
* Support: The 24-hour low of 0.1693 USDT is acting as support. Holding above this is important for the recovery to continue.
What's your take on 1INCH's short-term price action? Do you anticipate a break through resistance, or will we see more consolidation before the next move?
Let's share your analysis and trade cautiously!
#1INCH #1INCHUSDT #1inchNetwork #PotentialRecovery #ResistanceZone
Looking at the $1INCH / USDT 4-hour chart, we're seeing a potential bounce after a recent dip. Currently trading at 0.1711 USDT, it's up +0.59% in the last 4 hours but down -0.87% for the day.
After touching the 24-hour low of 0.1693 USDT, $1INCH appears to be gaining some upward momentum. It's now approaching resistance around the 0.1730 - 0.1740 USDT level.
Key Levels to Watch:
* Resistance: The 0.1730 - 0.1740 USDT zone is the immediate resistance. Breaking above this could signal a stronger recovery towards the 24-hour high of 0.1767 USDT.
* Support: The 24-hour low of 0.1693 USDT is acting as support. Holding above this is important for the recovery to continue.
What's your take on 1INCH's short-term price action? Do you anticipate a break through resistance, or will we see more consolidation before the next move?
Let's share your analysis and trade cautiously!
#1INCH #1INCHUSDT #1inchNetwork #PotentialRecovery #ResistanceZone
🚀 ETH: Time for a Dip? 📉
$ETH
Hey ETH enthusiasts! 💥 As we mentioned before, ETH is currently hovering near a major resistance zone. It looks like we might be in for a bit of a dip before the next big move.
Chart Breakdown:
* Resistance Zone Ahead: We're seeing strong resistance around the $4,000 level. This could be a good spot for a price correction.
* Potential for a Dip: We're expecting a pullback below the $3,000 level. This could be the start of a deeper correction.
* Bear Market Ahead? While we anticipate a correction, we're not expecting a full-blown bear market.
What to Watch For:
* Breakout or Breakdown: Whether ETH breaks through this resistance or breaks down below $3,000 will give us a clearer picture of the next move.
So, what's the plan?
If you're holding ETH, you might want to consider taking some profits off the table. If you're looking to buy, it might be wise to wait for a pullback to more attractive entry points.
Remember, this is not financial advice. Always do your own research and invest wisely!
#ETH #Ethereum #Crypto #Correction #ResistanceZone #Trading
Disclaimer: This is not financial advice.
Hey ETH enthusiasts! 💥 As we mentioned before, ETH is currently hovering near a major resistance zone. It looks like we might be in for a bit of a dip before the next big move.
Chart Breakdown:
* Resistance Zone Ahead: We're seeing strong resistance around the $4,000 level. This could be a good spot for a price correction.
* Potential for a Dip: We're expecting a pullback below the $3,000 level. This could be the start of a deeper correction.
* Bear Market Ahead? While we anticipate a correction, we're not expecting a full-blown bear market.
What to Watch For:
* Breakout or Breakdown: Whether ETH breaks through this resistance or breaks down below $3,000 will give us a clearer picture of the next move.
So, what's the plan?
If you're holding ETH, you might want to consider taking some profits off the table. If you're looking to buy, it might be wise to wait for a pullback to more attractive entry points.
Remember, this is not financial advice. Always do your own research and invest wisely!
#ETH #Ethereum #Crypto #Correction #ResistanceZone #Trading
Disclaimer: This is not financial advice.
🚀 Bitcoin: Is This the Start of a New Bull Run? 🐂
$BTC
Hey Bitcoiners! 💥 Things are heating up in the crypto world! 🌶️ Bitcoin has just broken through its all-time high and is showing some serious bullish momentum. 🚀
Chart Breakdown:
* Channel Breakout: Bitcoin has finally broken out of a long sideways channel, a major bullish signal.
* Higher Highs: The price is making new highs, confirming the bullish trend.
* Momentum Building: The market is displaying strong bullish momentum, suggesting a potential surge.
A Repeat of January 2024? 🤔
This current market action reminds us of the January 2024 bull run. Could we be in for another explosive move?
What to Watch For:
* Resistance Zone Test: The next key level to watch is the resistance zone around 115,000. A successful break through this level could fuel further gains.
* Volume: Keep an eye on trading volume. High volume during the breakout would add strength to the move.
So, what's the plan?
If you're bullish on Bitcoin, this could be a great opportunity to join the party! 🕺 But remember, always do your own research and invest responsibly.
Let's make it rain, Bitcoiners! 💰💰💰
#Bitcoin #BTC #Crypto #BullRun #Breakout #ResistanceZone
Disclaimer: This is not financial advice.
Hey Bitcoiners! 💥 Things are heating up in the crypto world! 🌶️ Bitcoin has just broken through its all-time high and is showing some serious bullish momentum. 🚀
Chart Breakdown:
* Channel Breakout: Bitcoin has finally broken out of a long sideways channel, a major bullish signal.
* Higher Highs: The price is making new highs, confirming the bullish trend.
* Momentum Building: The market is displaying strong bullish momentum, suggesting a potential surge.
A Repeat of January 2024? 🤔
This current market action reminds us of the January 2024 bull run. Could we be in for another explosive move?
What to Watch For:
* Resistance Zone Test: The next key level to watch is the resistance zone around 115,000. A successful break through this level could fuel further gains.
* Volume: Keep an eye on trading volume. High volume during the breakout would add strength to the move.
So, what's the plan?
If you're bullish on Bitcoin, this could be a great opportunity to join the party! 🕺 But remember, always do your own research and invest responsibly.
Let's make it rain, Bitcoiners! 💰💰💰
#Bitcoin #BTC #Crypto #BullRun #Breakout #ResistanceZone
Disclaimer: This is not financial advice.
🚀 ETH: DCA Zone or Dip Ahead? 🤔
$ETH
Hey ETH enthusiasts! 💥 Ethereum is in a bit of a holding pattern right now. We're seeing some interesting price action that could lead to a few different scenarios.
Chart Breakdown:
* DCA Zone: The Swallow Team has identified a potential "DCA" zone (dollar-cost averaging zone). This is a range where they plan to gradually accumulate ETH by buying a little bit at a time.
* Rejection at Resistance: The price has been rejected at a key resistance level. This suggests that sellers are still in control.
* Possible Scenarios:
* Sell-Off: If sellers continue to dominate, we could see a further drop towards $3,000.
* Sideways Movement: The price could also consolidate in a sideways channel, offering buying and selling opportunities within a defined range.
* Breakout: A strong break above the resistance level could signal a bullish move towards higher targets.
What to Watch For:
* Buyer vs. Seller Dominance: The battle between buyers and sellers will determine the next move.
* Break of the Bounce Zone: A decisive break above the bounce zone would be a bullish signal.
* EMA Rejections: The Swallow Team is closely watching how the price reacts to key EMAs (Exponential Moving Averages) for clues about the trend.
So, what's the plan?
If you're bullish on ETH, the DCA zone could be a good strategy to consider. However, it's important to stay alert and be prepared to adjust your plan based on how the price action unfolds.
Remember, this is not financial advice. Always do your own research and invest wisely!
#ETH #Ethereum #Crypto #DCA #Trading #ResistanceZone #BullishReversal
Disclaimer: This is not financial advice.
Hey ETH enthusiasts! 💥 Ethereum is in a bit of a holding pattern right now. We're seeing some interesting price action that could lead to a few different scenarios.
Chart Breakdown:
* DCA Zone: The Swallow Team has identified a potential "DCA" zone (dollar-cost averaging zone). This is a range where they plan to gradually accumulate ETH by buying a little bit at a time.
* Rejection at Resistance: The price has been rejected at a key resistance level. This suggests that sellers are still in control.
* Possible Scenarios:
* Sell-Off: If sellers continue to dominate, we could see a further drop towards $3,000.
* Sideways Movement: The price could also consolidate in a sideways channel, offering buying and selling opportunities within a defined range.
* Breakout: A strong break above the resistance level could signal a bullish move towards higher targets.
What to Watch For:
* Buyer vs. Seller Dominance: The battle between buyers and sellers will determine the next move.
* Break of the Bounce Zone: A decisive break above the bounce zone would be a bullish signal.
* EMA Rejections: The Swallow Team is closely watching how the price reacts to key EMAs (Exponential Moving Averages) for clues about the trend.
So, what's the plan?
If you're bullish on ETH, the DCA zone could be a good strategy to consider. However, it's important to stay alert and be prepared to adjust your plan based on how the price action unfolds.
Remember, this is not financial advice. Always do your own research and invest wisely!
#ETH #Ethereum #Crypto #DCA #Trading #ResistanceZone #BullishReversal
Disclaimer: This is not financial advice.
$TST – Ready for the Break or Another Rejection?
Price is consolidating tightly between 0.0712 support and a strong resistance zone near 0.0730. Bulls have tried to push through multiple times, but sellers keep slapping it back down.
This Box Battle is Heating Up!
A clean break above the resistance could trigger a breakout rally, while another rejection might drag price back to the lower support band.
Trade the Range or Wait for the Break – Choose Wisely!
Buy & Trade on Binance – $TST
#TST #Binance #BreakoutSetup #ResistanceZone #AltcoinWatch
Price is consolidating tightly between 0.0712 support and a strong resistance zone near 0.0730. Bulls have tried to push through multiple times, but sellers keep slapping it back down.
This Box Battle is Heating Up!
A clean break above the resistance could trigger a breakout rally, while another rejection might drag price back to the lower support band.
Trade the Range or Wait for the Break – Choose Wisely!
Buy & Trade on Binance – $TST
#TST #Binance #BreakoutSetup #ResistanceZone #AltcoinWatch
$MLN / USDT Showing Signs of Recovery on Binance - Watch for Resistance! 🛡️
Looking at the $MLN / USDT 4-hour chart, we're seeing a potential bounce after a recent dip. Currently trading at 8.25 USDT, it's up +3.38% today!
After touching the 24-hour low of 7.93 USDT, $MLN appears to be gaining some upward momentum. It's now approaching resistance around the 8.30 - 8.40 USDT level.
Key Levels to Watch:
* Resistance: The 8.30 - 8.40 USDT zone is the immediate resistance. Breaking above this could signal a stronger recovery towards the 24-hour high of 8.71 USDT.
* Support: The 24-hour low of 7.93 USDT is acting as support. Holding above this is important for the recovery to continue.
What's your take on MLN's short-term price action? Do you anticipate a break through resistance, or will we see more consolidation before the next move?
Let's share your analysis and trade cautiously!
#MLN #MLNUSDT #Enzyme #PotentialRecovery #ResistanceZone
Looking at the $MLN / USDT 4-hour chart, we're seeing a potential bounce after a recent dip. Currently trading at 8.25 USDT, it's up +3.38% today!
After touching the 24-hour low of 7.93 USDT, $MLN appears to be gaining some upward momentum. It's now approaching resistance around the 8.30 - 8.40 USDT level.
Key Levels to Watch:
* Resistance: The 8.30 - 8.40 USDT zone is the immediate resistance. Breaking above this could signal a stronger recovery towards the 24-hour high of 8.71 USDT.
* Support: The 24-hour low of 7.93 USDT is acting as support. Holding above this is important for the recovery to continue.
What's your take on MLN's short-term price action? Do you anticipate a break through resistance, or will we see more consolidation before the next move?
Let's share your analysis and trade cautiously!
#MLN #MLNUSDT #Enzyme #PotentialRecovery #ResistanceZone
$INJ /USDT short trade signal 🚦 🛑
BEARISH SETUP – REJECTION FROM KEY SUPPLY ZONE!
Price has tested a strong resistance near $9.57 but failed to break through, showing rejection candles and signs of exhaustion. With lower highs forming, sellers are beginning to dominate the zone, hinting at an incoming bearish move.
Trade Setup:
Entry (Short): $9.400
Take Profit (TP): $9.070 / $8.900
Stop Loss (SL): $9.580
Market Outlook:
Failure to break above $9.57 signals a likely short-term correction. If price breaks below $9.20, further downside towards previous demand zones is expected. Stick to the setup and manage your stop losses wisely.
Command: Defend your capital, strike on rejection!
#INJ #CryptoSignals #ShortTrade #ResistanceZone #BearishSetup
buy and trade here on $INJ
BEARISH SETUP – REJECTION FROM KEY SUPPLY ZONE!
Price has tested a strong resistance near $9.57 but failed to break through, showing rejection candles and signs of exhaustion. With lower highs forming, sellers are beginning to dominate the zone, hinting at an incoming bearish move.
Trade Setup:
Entry (Short): $9.400
Take Profit (TP): $9.070 / $8.900
Stop Loss (SL): $9.580
Market Outlook:
Failure to break above $9.57 signals a likely short-term correction. If price breaks below $9.20, further downside towards previous demand zones is expected. Stick to the setup and manage your stop losses wisely.
Command: Defend your capital, strike on rejection!
#INJ #CryptoSignals #ShortTrade #ResistanceZone #BearishSetup
buy and trade here on $INJ
$DOGE /USDT short trade signal 🚦 🛑
BEARISH REJECTION AT KEY SUPPLY — SELL PRESSURE RETURNING!
Dogecoin attempted to reclaim the broken support near the $0.180 zone, but faced immediate resistance and formed a rejection wick, indicating a potential bearish continuation. The price is now pulling back after a retest of that zone, offering a clean short setup with defined risk.
Trade Setup:
Entry (Short): $0.180
Take Profit (TP): $0.174
Stop Loss (SL): $0.1835
Market Outlook:
DOGE/USDT is showing signs of weakness after failing to hold above previous support. With resistance confirmed and bearish structure resuming, sellers may dominate the next move down. Watch for volume confirmation as price approaches lower support levels.
Command for caption: Respect the levels, follow the rejection — let the market pay you!
#DOGE #CryptoSignals #BearishTrade #ResistanceZone #BinanceTrading
buy and trade here on $DOGE
BEARISH REJECTION AT KEY SUPPLY — SELL PRESSURE RETURNING!
Dogecoin attempted to reclaim the broken support near the $0.180 zone, but faced immediate resistance and formed a rejection wick, indicating a potential bearish continuation. The price is now pulling back after a retest of that zone, offering a clean short setup with defined risk.
Trade Setup:
Entry (Short): $0.180
Take Profit (TP): $0.174
Stop Loss (SL): $0.1835
Market Outlook:
DOGE/USDT is showing signs of weakness after failing to hold above previous support. With resistance confirmed and bearish structure resuming, sellers may dominate the next move down. Watch for volume confirmation as price approaches lower support levels.
Command for caption: Respect the levels, follow the rejection — let the market pay you!
#DOGE #CryptoSignals #BearishTrade #ResistanceZone #BinanceTrading
buy and trade here on $DOGE
$BOTIFY - Mcap 9.59M$ - 91% / 5.1K votes Bullish
SC02 M15 pending Short order, entry lies within the HVN and is not affected by any weak zone. Estimated stop-loss around 4.91%. The downtrend is in its 259th cycle, with a decline range of 40.19%.
#ResistanceZone #TrendReversal
SC02 M15 pending Short order, entry lies within the HVN and is not affected by any weak zone. Estimated stop-loss around 4.91%. The downtrend is in its 259th cycle, with a decline range of 40.19%.
#ResistanceZone #TrendReversal
⚠️$AAVE AT KEY LEVEL – BULLS NEED TO ACT FAST! ⚠️
$AAVE is struggling at the $340–$345 resistance zone after multiple rejections. The structure is weakening with lower highs forming. If $292 breaks, the next support lies between $260–$245.
🔑 What Bulls Need:
A strong push above $330+ to flip momentum back in their favor!
#AAVE #CryptoUpdate #ResistanceZone
$AAVE is struggling at the $340–$345 resistance zone after multiple rejections. The structure is weakening with lower highs forming. If $292 breaks, the next support lies between $260–$245.
🔑 What Bulls Need:
A strong push above $330+ to flip momentum back in their favor!
#AAVE #CryptoUpdate #ResistanceZone
$VOXEL /USDT – Bullish Push but Watch for Pullback 📈
$VOXEL is trading at $0.0603 (+4.88%), climbing after recent lows. Buyers are pushing toward the $0.0640 – $0.0660 resistance zone. A rejection here could lead to a pullback.
Support Levels: $0.0580 → $0.0568 → $0.0560
Sustained closes above $0.0660 could open the door for further upside.
#VOXEL #CryptoUpdate #ResistanceZone #PriceAction
$VOXEL is trading at $0.0603 (+4.88%), climbing after recent lows. Buyers are pushing toward the $0.0640 – $0.0660 resistance zone. A rejection here could lead to a pullback.
Support Levels: $0.0580 → $0.0568 → $0.0560
Sustained closes above $0.0660 could open the door for further upside.
#VOXEL #CryptoUpdate #ResistanceZone #PriceAction
🚨 ADA / USDT – Rejection at Resistance Signals Possible Pullback!
$ADA has faced repeated rejection near the 0.9070 zone, with bearish candles starting to form after a strong upward move. A potential short opportunity is shaping up as momentum wanes.
📉 Trade Setup (Short):
Entry Zone: 0.9060 – 0.9070
Target 1: 🎯 0.9000
Target 2: 🎯 0.8950
Target 3: 🎯 0.8916
Stop Loss: 🔺 0.9106
📊 Market Outlook:
After a solid bounce, $ADA is showing signs of exhaustion at resistance. If price fails to break above 0.9100, a retracement toward previous support levels is likely. The 15-min chart suggests weakening momentum with a lower high forming.
👉 Trade $ADA cautiously – watch for confirmation before entry!
#ADA #cryptotrading #ShortSetup #ResistanceZone
$ADA has faced repeated rejection near the 0.9070 zone, with bearish candles starting to form after a strong upward move. A potential short opportunity is shaping up as momentum wanes.
📉 Trade Setup (Short):
Entry Zone: 0.9060 – 0.9070
Target 1: 🎯 0.9000
Target 2: 🎯 0.8950
Target 3: 🎯 0.8916
Stop Loss: 🔺 0.9106
📊 Market Outlook:
After a solid bounce, $ADA is showing signs of exhaustion at resistance. If price fails to break above 0.9100, a retracement toward previous support levels is likely. The 15-min chart suggests weakening momentum with a lower high forming.
👉 Trade $ADA cautiously – watch for confirmation before entry!
#ADA #cryptotrading #ShortSetup #ResistanceZone
ETHUSDT: Testing Key Resistance Zone! 🚀
$ETH
Hey there, Binance Square family! 👋 Let's dive into some exciting technical analysis on ETHUSDT.
What's Poppin'?
As you can see on the chart, ETHUSDT is currently hovering around the significant psychological level of 4000. 🧐 This zone has been a major area of resistance in the past, with the price testing and rejecting it a couple of weeks ago.
What to Watch For:
* Breakout or Pullback: We're at a critical juncture. The price could either pull back from this resistance zone or potentially break through on its third attempt. 🎯
* Support and Trendline: I expect the price to find support at the lower trendline and bounce back upwards. 📈
* Resistance Target: If we do break out, the next resistance zone to watch is around 4300.
If you have any questions or want to discuss this further, feel free to drop a comment below. 💬
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
#ETHUSDT #BinanceSquare #CryptoAnalysis #ResistanceZone #TradingOpportunities
Hey there, Binance Square family! 👋 Let's dive into some exciting technical analysis on ETHUSDT.
What's Poppin'?
As you can see on the chart, ETHUSDT is currently hovering around the significant psychological level of 4000. 🧐 This zone has been a major area of resistance in the past, with the price testing and rejecting it a couple of weeks ago.
What to Watch For:
* Breakout or Pullback: We're at a critical juncture. The price could either pull back from this resistance zone or potentially break through on its third attempt. 🎯
* Support and Trendline: I expect the price to find support at the lower trendline and bounce back upwards. 📈
* Resistance Target: If we do break out, the next resistance zone to watch is around 4300.
If you have any questions or want to discuss this further, feel free to drop a comment below. 💬
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
#ETHUSDT #BinanceSquare #CryptoAnalysis #ResistanceZone #TradingOpportunities
$BTC /USDT – Bitcoin Facing Heavy Resistance Below $85K!
Bitcoin is currently trading just below the crucial $84K–$85K resistance zone, where multiple attempts to break higher have failed. The market is showing signs of exhaustion, with bulls struggling to make new highs, hinting at a potential lower high forming on the 4H chart.
Unless BTC can decisively break above $85K with strong volume, the likelihood of a pullback increases. Traders should watch the $80K zone closely — it aligns with the 0.5 Fibonacci retracement and an unfilled imbalance. If that breaks, $78.5K becomes the next major support, backed by 0.618 Fib confluence and strong historical demand.
Current Price: ~$83,500
Key Resistance: $85,000
Key Support: $80,000 → $78,500
Risk-to-reward currently favors a cautious short or sideline approach until confirmation of breakout or rejection. Stay alert for volume spikes!
#Bitcoin #BinanceAlphaAlert #BTCUSDT #CryptoTrading #ResistanceZone
Bitcoin is currently trading just below the crucial $84K–$85K resistance zone, where multiple attempts to break higher have failed. The market is showing signs of exhaustion, with bulls struggling to make new highs, hinting at a potential lower high forming on the 4H chart.
Unless BTC can decisively break above $85K with strong volume, the likelihood of a pullback increases. Traders should watch the $80K zone closely — it aligns with the 0.5 Fibonacci retracement and an unfilled imbalance. If that breaks, $78.5K becomes the next major support, backed by 0.618 Fib confluence and strong historical demand.
Current Price: ~$83,500
Key Resistance: $85,000
Key Support: $80,000 → $78,500
Risk-to-reward currently favors a cautious short or sideline approach until confirmation of breakout or rejection. Stay alert for volume spikes!
#Bitcoin #BinanceAlphaAlert #BTCUSDT #CryptoTrading #ResistanceZone
🚀Cosmos (ATOM): Will It Reach for the Stars or Face Gravity? 🌠
Hey Binance Square Family! 👋 Let's talk about Cosmos (ATOM)! This inter-blockchain communication network has been on a wild ride lately, and we're diving into its charts to see what the future holds. 💰
Disclaimer: Before we blast off, remember that this isn't financial advice. Always do your own thorough research and invest responsibly. 😉
Decoding the Charts: A Potential Short Opportunity on the Horizon? 🔍📉
Looking at the 1-day chart for ATOM/TETHER Standard Futures on BingX, we can see that ATOM has experienced a significant price drop, indicating a period of high volatility and potential liquidity shifts. This kind of movement often creates unique trading opportunities.
Notice the CME gap around the 7.0282 mark. These gaps often act as magnets for price action, meaning the price might be drawn towards filling them. Additionally, we've identified a resistance zone between 6.2674 and 7.0282, which could act as a strong selling area.
Why the Bearish Outlook? 🤔
Several factors contribute to the current bearish outlook for ATOM:
* Significant Price Drop: The recent sharp decline suggests strong selling pressure and a potential shift in market sentiment. 📉
* CME Gap: The unfilled CME gap above the current price could act as a target for a short-term price increase, followed by a potential rejection at the resistance zone. 🧲
* Resistance Zone: The identified resistance zone represents a significant hurdle for ATOM to overcome. Historically, these zones have seen increased selling activity.
Potential Short Trade Setup 🎯
Based on the current analysis, a potential short trade opportunity might arise when ATOM reaches the resistance zone. Traders could look for bearish confirmation signals, such as candlestick patterns or breakdowns on lower timeframes, before entering a short position.
Short Trade Target: A potential target for a short trade could be the 3.8358 support level or even lower, depending on market conditions.
Important Considerations ⚠️
* Seller Dominance: The chart suggests that sellers are currently dominating the market. This reinforces the bearish outlook.
* Early Drop: As indicated on the chart, if sellers manage to break below the current support level before reaching the resistance zone, we might see an even earlier drop in price.
* Risk Management: Always use appropriate risk management strategies, such as stop-loss orders, to protect your capital.
Let's discuss in the comments! 👇 What are your thoughts on ATOM's price action? Do you see similar potential for a short trade? Share your insights and let's learn together! 🧠✨
Don't forget to like 👍 and share this article with your Binance Square family! Spread the knowledge and let's all grow together! 🌱
#ATOM #Cosmos #Crypto #BinanceSquare #Altcoins #ShortTrade #CMEGap #ResistanceZone #DYOR 🚀📉🎯
Disclaimer: Before we blast off, remember that this isn't financial advice. Always do your own thorough research and invest responsibly. 😉
Decoding the Charts: A Potential Short Opportunity on the Horizon? 🔍📉
Looking at the 1-day chart for ATOM/TETHER Standard Futures on BingX, we can see that ATOM has experienced a significant price drop, indicating a period of high volatility and potential liquidity shifts. This kind of movement often creates unique trading opportunities.
Notice the CME gap around the 7.0282 mark. These gaps often act as magnets for price action, meaning the price might be drawn towards filling them. Additionally, we've identified a resistance zone between 6.2674 and 7.0282, which could act as a strong selling area.
Why the Bearish Outlook? 🤔
Several factors contribute to the current bearish outlook for ATOM:
* Significant Price Drop: The recent sharp decline suggests strong selling pressure and a potential shift in market sentiment. 📉
* CME Gap: The unfilled CME gap above the current price could act as a target for a short-term price increase, followed by a potential rejection at the resistance zone. 🧲
* Resistance Zone: The identified resistance zone represents a significant hurdle for ATOM to overcome. Historically, these zones have seen increased selling activity.
Potential Short Trade Setup 🎯
Based on the current analysis, a potential short trade opportunity might arise when ATOM reaches the resistance zone. Traders could look for bearish confirmation signals, such as candlestick patterns or breakdowns on lower timeframes, before entering a short position.
Short Trade Target: A potential target for a short trade could be the 3.8358 support level or even lower, depending on market conditions.
Important Considerations ⚠️
* Seller Dominance: The chart suggests that sellers are currently dominating the market. This reinforces the bearish outlook.
* Early Drop: As indicated on the chart, if sellers manage to break below the current support level before reaching the resistance zone, we might see an even earlier drop in price.
* Risk Management: Always use appropriate risk management strategies, such as stop-loss orders, to protect your capital.
Let's discuss in the comments! 👇 What are your thoughts on ATOM's price action? Do you see similar potential for a short trade? Share your insights and let's learn together! 🧠✨
Don't forget to like 👍 and share this article with your Binance Square family! Spread the knowledge and let's all grow together! 🌱
#ATOM #Cosmos #Crypto #BinanceSquare #Altcoins #ShortTrade #CMEGap #ResistanceZone #DYOR 🚀📉🎯
$ALICE / USDT Showing Signs of Recovery on Binance - Watch Resistance! 🍄
Looking at the $ALICE / USDT 4-hour chart, we're seeing a potential bounce after a recent dip. Currently trading at 0.409 USDT, it's down -2.62% in the last 4 hours but still up +3.02% for the day.
After touching the 24-hour low of 0.394 USDT, $ALICE appears to be gaining some upward momentum. It's now approaching resistance around the 0.415 - 0.420 USDT level.
Key Levels to Watch:
* Resistance: The 0.415 - 0.420 USDT zone is the immediate resistance. Breaking above this could signal a stronger recovery towards the 24-hour high of 0.427 USDT.
* Support: The 24-hour low of 0.394 USDT is acting as support. Holding above this is important for the recovery to continue.
What's your take on ALICE's short-term price action? Do you anticipate a break through resistance, or will we see more consolidation before the next move?
Let's share your analysis and trade cautiously!
#ALICE #ALICEUSDT #MyNeighborAlice #PotentialRecovery #ResistanceZone
Looking at the $ALICE / USDT 4-hour chart, we're seeing a potential bounce after a recent dip. Currently trading at 0.409 USDT, it's down -2.62% in the last 4 hours but still up +3.02% for the day.
After touching the 24-hour low of 0.394 USDT, $ALICE appears to be gaining some upward momentum. It's now approaching resistance around the 0.415 - 0.420 USDT level.
Key Levels to Watch:
* Resistance: The 0.415 - 0.420 USDT zone is the immediate resistance. Breaking above this could signal a stronger recovery towards the 24-hour high of 0.427 USDT.
* Support: The 24-hour low of 0.394 USDT is acting as support. Holding above this is important for the recovery to continue.
What's your take on ALICE's short-term price action? Do you anticipate a break through resistance, or will we see more consolidation before the next move?
Let's share your analysis and trade cautiously!
#ALICE #ALICEUSDT #MyNeighborAlice #PotentialRecovery #ResistanceZone
Login to explore more contents