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.

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