Dear Traders,


As we step into a new week, the market has started strong following last night’s rally. The daily charts have broadly moved upward, leading to a bullish weekly close.


Bitcoin (BTC) Analysis


BTC surged to the second resistance level overnight before retracing to the first resistance level and is now making another attempt to break higher.



  • Key Support & Resistance Levels:


    • Support: 85490 (short-term trend confirmation), with additional levels at 84810-83830-82515 if broken.


    • Resistance: 87495-88985-90915 – watch for breakouts above these levels for further upside momentum.


If BTC holds above 85490 on the 1-2 hour timeframes, the uptrend is likely to continue. However, if it breaks below, expect a potential pullback.


Ethereum (ETH) Analysis


ETH has displayed interesting price action, oscillating between support and resistance before breaking through its consolidation range.



  • Key Support & Resistance Levels:


    • Support: 2002, with additional levels at 1978-1952-1931 if breached.


    • Resistance: 2066-2119-2152 – sustained price action above these levels may confirm a bullish continuation.


If ETH remains above 2002 on the 1-2-4 hour timeframes, further upside is anticipated. A break below could trigger a corrective move.


Binance Coin (BNB) Analysis


Despite early volatility, BNB rebounded strongly.



  • Key Support & Resistance Levels:


    • Support: 622, with additional levels at 616-606.8-594.6 if the trend reverses.


    • Resistance: 628.5-637-643.6 – a breakout above these levels may confirm a stronger uptrend.


BNB’s uptrend remains intact as long as it holds above 622 on 1-2 hour timeframes. A breakdown below this level could shift the market to a bearish bias.


Solana (SOL) Analysis


SOL has been exhibiting an independent trend, breaking through key resistance levels decisively.



  • Key Support & Resistance Levels:


    • Support: 135.5, with additional levels at 132.4-130.3-128.1 if broken.


    • Resistance: 139.6-144.7-148.7 – further upside is possible if these levels are breached.


If SOL maintains support above 135.5 on the 1-hour timeframe, the uptrend is expected to continue. A breakdown could lead to a short-term correction.


Conclusion



  • BTC & ETH: Watch for key support and resistance levels to confirm directional moves.


  • BNB: Holding 622 is crucial for continued bullish momentum.


  • SOL: Strong independent trend; maintaining 135.5 support will indicate further upside.


Live Market Analysis Event: Join us tonight at 8:30 PM for a live discussion on this week’s market trends.


Disclaimer: This analysis reflects market insights and includes third-party opinions. It is for informational purposes only and does not constitute financial advice.$SOL #BinanceAlphaAlert #BNBChainMeme