Good day traders,
The crypto market gave us some wild swings again! After trying to bounce back yesterday, prices dropped hard overnight—but there’s still a chance for a rebound if key levels are cleared today. Let’s break it all down clearly so you know what to watch.
Current Outlook:
Bitcoin dipped early but is trying to bounce again. For a real recovery, price needs to stay above $108250 on the 1–2 hour chart. If it holds, we could see a push toward:
Target Zones: $109200 → $110600 → $112000
But be careful:
If Bitcoin can’t close above $108250 soon, this bounce will likely fail. It may slide further toward:
Support Zones: $107200 → $106400 → $105700
Watch closely: A strong hourly close above $108250 flips short-term trend bullish.
Current Outlook:
ETH also dropped but found support and is now trying to climb again. If price stays above $2510, we may get another rally.
Target Zones: $2555 → $2585 → $2610
However:
Failure to stay above $2510 could send it back down to:
Support Zones: $2475 → $2440 → $2410
What to do: Look for a strong hourly candle above $2510 to confirm momentum.
Current Outlook:
BNB is bouncing from its lower zone. If it holds above $664, a short-term uptrend could start.
Target Zones: $669 → $675 → $680
If it fails to hold:
BNB might fall again toward:
Support Zones: $657 → $651 → $647
Simple Rule: Above $664 = bullish potential. Below = risk of more drop.
Current Outlook:
SOL is showing early signs of strength. If it can stay above $173, we could see a bullish move.
Target Zones: $177 → $181 → $184
But:
If SOL drops under $173 again, weakness will return. Look out for a fall toward:
Support Zones: $169 → $164 → $159
Key Tip: A clean 1H close above $173 is a green light for upside continuation.
Final Word:
Today’s market is still shaky, but not hopeless. A proper rebound can begin if major resistance levels are broken. If not, expect more downside tests. Trade smart, use stop-losses, and watch candle closures on 1H and 2H charts for confirmation.
