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$ETH
OPEN INTEREST HITS ATH.
EXPECT VOLATILITY. 🚨
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$ELA is slowly curling up after touching lows of $1.16. It’s now trading at $1.38, up +4.7%. The short-term MAs are flattening and starting to converge, which hints at an upcoming breakout if bulls hold. A push above $1.42 would likely test the $1.6 region. Risk is back under $1.30, where it needs to keep making higher lows to stay in this recovery phase. #BinanceTurns8
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$gork has bounced well from its bottom at $0.0048 to $0.0101, up +23% on the day. It’s breaking above its short-term moving averages (MA5 & MA10) and is trying to hold above them, signaling buyers stepping in. If momentum stays, next target is around $0.012. However, this pair is still in early reversal so best to watch for confirmation with higher lows on smaller time frames. Key support now is $0.0085. #SECETFApproval
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$AAVE looks solid with a clear recovery trend. After hitting a low of $212, it climbed back to around $306, showing resilience with a steady rise and MA5 crossing above MA10 and MA20. It’s up +1.8% and pushing near its recent local high. If bulls keep control, a move toward $325 could be next. Watching how it reacts around $298 MA5 is important if it holds, higher levels are on the cards. If BTC corrects, look for a healthy dip to $280–$290 for potential buys. #BTCBreaksATH
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