Crypto Market Snapshot – Bearish Pressure Building with Key Trade Levels
The crypto market is showing signs of bearish pressure as several key assets approach critical levels. Here’s a snapshot of where the market stands and potential trade setups:
BNB: \$797.48 (-0.07%)
Short Entry: 805 – 810
TP1: 790
TP2: 775
TP3: 760
SL: 820
BTC: \$120,238.02 (+1.52%)
Still below key resistance, with the risk of a pullback.
Short Entry: 121,000 – 121,500
TP1: 119,000
TP2: 117,800
TP3: 116,200
SL: 122,300
ETH: \$4,182.88 (+0.17%)
Momentum is weakening, suggesting potential downside.
Short Entry: 4,210 – 4,240
TP1: 4,150
TP2: 4,080
TP3: 4,000
SL: 4,270
SOL: \$179.23 (-0.19%)
Short Entry: 180.5 – 181.5
TP1: 177
TP2: 174
TP3: 170
SL: 183
PEPE: \$0.00001161 (-2.27%)
Short Entry: 0.00001170 – 0.00001180
TP1: 0.00001140
TP2: 0.00001110
TP3: 0.00001080
SL: 0.00001200
XRP: \$3.2222 (+1.07%)
Showing early rejection signs, could face a pullback.
Short Entry: 3.240 – 3.260
TP1: 3.200
TP2: 3.160
TP3: 3.100
SL: 3.280
BANANAS31: \$0.007875 (+16.65%)
Possible overbought spike, cautious on long positions.
Short Entry: 0.0080 – 0.0081
TP1: 0.0077
TP2: 0.0075
TP3: 0.0073
SL: 0.0083
The market is showing signs of bearish pressure across several major tokens. Watch for key levels to hold or break, as this could set the tone for the next moves. Traders should be ready for potential pullbacks and adjust positions accordingly.
#BinanceAlphaAlert #Notcoin #BinanceAlphaAlert #BuiltonSolayer #IPOWave