TechnicalLevels

$SSV /USDT TECHNICAL ANALYSIS: BULLISH MOVE TOWARD $12.00 RESISTANCE WITH STRONG VOLUME SUPPORT

$SSV /USDT pair has posted a +6.63% gain, currently trading at $11.26, following a sharp bounce from the 24h low of $10.34 and testing highs near $11.98. Backed by 1.37M SSV volume and $15.42M in USDT, this move signals renewed buying pressure and potential continuation of the short-term uptrend.

Key Technical Observations:

Resistance Levels:

Immediate resistance lies at $12.00, a psychological and technical barrier,

A breakout above this could lead to a swift rally toward $13.00 – $13.50.

Support Zones:

Strong support forming at $11.00,

Broader support range lies between $10.50 – $10.00, offering re-entry potential on pullbacks.

Trend Momentum:

The price is up +14.78% in the past 30 days and +56.82% in the last 90 days, reflecting a sustained mid-term bullish reversal,

However, long-term charts still show deep drawdowns (over 60% down over 1 year), so upside may face resistance at key levels.

Volume Confirmation:

The surge in 1H candles and rising volume indicate strong buyer conviction near support levels, especially as price approaches $12.00.

Market Outlook:

If SSV breaks and holds above $12.00, the market may attempt a run toward $13.00+ in the short term. However, a failure to break this level might trigger a retracement toward $10.50 – $11.00, where demand has previously emerged.

Trend Bias: Bullish (Short to Mid-Term)
Breakout Level: $12.00
Short-Term Target: $13.00 – $13.50
Key Supports: $11.00 and $10.50

#SSV #CryptoAnalysis #AltcoinSetup #TechnicalLevels #BullishTrend
$SSV

Shiba Inu Faces Key Resistance Amid Market Struggles

Shiba Inu ($SHIB ) continues to face significant challenges as it grapples with breaking through the critical $0.00002045 resistance level. Despite occasional price spikes, bearish market sentiment and unfavorable conditions have made it difficult for SHIB to regain sustainable upward momentum. The $0.00002045 level, which has acted as a psychological and technical barrier in the past, remains a key hurdle, reflecting market caution and uncertainty surrounding the token's near-term prospects.
Market Sentiment and Technical Hurdles Weigh on SHIB
SHIB's inability to overcome this crucial resistance is largely driven by ongoing selling pressure, muted investor interest, and weak buying activity. The broader market slump has further exacerbated these challenges, leaving traders wary of a clear bullish breakout.
From a technical perspective, indicators like the RSI suggest continued bearish dominance, with the token lingering in oversold territory. This signals insufficient buying power to counteract sell-offs and regain momentum. Without stronger market support or a compelling catalyst, Shiba Inu risks further consolidation or a potential decline, as the market shows little sign of reversing its cautious stance.
What Lies Ahead for $SHIB ?
If bearish momentum persists, $SHIB could face heightened downside risks, potentially revisiting support at $0.00001272. A failure to hold above this level may trigger further declines toward lower support zones.
For SHIB to regain bullish momentum, it must overcome the $0.00002045 barrier and attract sustained buyer interest. A combination of improved market sentiment and renewed purchasing activity is essential for the token to establish a positive trajectory. Until then, $$SHIB emains vulnerable to downward pressure, highlighting the need for traders to monitor key levels closely.
#SHIB #CryptoAnalysis #MarketOutlook #TechnicalLevels

$ETH
Important
🔹 Current price of ETH: Trading near $2,800 after a strong upward movement supported by market optimism and increased liquidity.
🔹 Key resistance points today:

$2,800 – $2,835: Important daily resistance range, where strong selling pressure appears.

$2,845: Represents the Fibonacci level 0.5, and is a pivotal point for continued upward movement.

$2,900 – $3,000: Strong psychological and technical resistance levels, and breaking through these may open the way towards $3,200.

📉 If ETH faces rejection at these resistances, we may see a correction towards $2,700 – $2,650.
📈 However, if it succeeds in breaking $2,845 and maintaining above it, there is a possibility of continuing upward towards $3,000 and beyond.
#ETH #ETHUSDT #CryptoAnalysis #Ethereum #BinanceSquare #TechnicalLevels