📉 Final Thoughts — Price Action Recap & Next Moves
This week delivered range-bound chop across the majors, with clear resistance zones holding strong and support levels barely defending. Here’s how the charts are shaping up:
BTC (Bitcoin)
Price Range: $57.4K–$60.2K
Key Resistance: $60.5K
Support: $57.4K, then $54.2K
Structure: Bearish retest in play. Price tapped the underside of broken structure at $60.2K but failed to reclaim. Any clean break below $57.4K likely opens a fast move to $54K–$55K. Still no clear trend shift — lower highs intact.
ETH (Ethereum)
Range: $3,060–$3,220
Resistance: $3,240
Support: $3,030
ETH has shown relative weakness vs BTC, and the ETH/BTC pair continues to slide. Until $3,240 flips, this is still a short-term downtrend. Bulls must defend the $3K zone.
BNB (Binance Coin)
Range: $540–$585
Current Price Action: BNB is showing relative strength. It’s one of the few large-caps still trading above major support. The recent bounce from $540 was clean, but $585 has capped upside twice now.
Outlook: A breakout above $585 opens the door to $610+. Until then, price is coiling. Watch for volume spikes — BNB tends to move quickly once breakout triggers hit.
SOL, INJ, AVAX
Most are printing lower highs on the 4H and daily. Bounces this week lacked volume — classic relief rally structure.
For SOL, $147 is the pivot. Under that, it’s just noise.
SOL, INJ, AVAX
Most are printing lower highs on the 4H and daily. Bounces this week lacked volume — classic relief rally structure. For SOL, $147 is the pivot. Under that, it’s just noise.
Meme Coin Spotlight
BOB held its uptrend on the 4H, still making higher lows. Looking to break above recent wick at 0.000077 for continuation.
CAT retraced deeper but respected support. Structure still bullish short-term, but momentum is fading.
IQ had a huge pump-and-pause. Needs to hold 0.0063 or risk a full retrace.
Tyrone’s Take
This week was a reminder that levels matter more than narratives. BTC and ETH are stuck below key resistance, and until those flip, we’re trading inside a range — not a trend.
BNB looks strong, but it needs confirmation. Meme coins kept attention high, but be smart: don’t chase pumps, wait for structure and volume. Patience pays. Let others fomo — we follow the chart.
Disclaimer:
This content is for informational and educational purposes only and does not constitute financial or investment advice. Always do your own research before making any trading decisions. The views expressed are my own and do not represent any official position of Binance or its affiliates.
No Fluff.
Just Value
@CryptoTyrone
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