YOUR NEXT CRYPTO TRADE?
3 ALTCOINS ON MY WATCHLIST 👀
Market Overview: BTC Dominance is at 58%, which is a key level to watch. The macro environment has a warning: ETF flows are shaky and bond yields are high at 4.33%. The strategy is to be cautious, wait for clear signals before trading, and use small position sizes.
1. $ENA (Ethena) - Oversold Bounce Play
The Idea: This coin is potentially oversold and might be due for a bounce if its strong fundamentals hold true.
⚠️ Key Levels:
Buy Zone: Near $0.618 (strong support). Target $0.852 (first major resistance).
⚠️ Buy Trigger (Wait for this!):
RSI indicator reverses from oversold (around 35). A 4-hour candle closes above $0.65 with high trading volume.
🚨 Stop-Loss: $0.59 (to limit loss if the trade fails).
2. $CFX (Conflux) - Deep Value Opportunity
The Idea: This is a potential value play on the "China blockchain" narrative, with weak sellers potentially being exhausted.
⚠️ Key Levels:
Super and high profit Buy Zone: $0.142 - $0.148 (deep support area). Target: $0.175 (first resistance to take profit).
⚠️ Buy Trigger (Wait for this!):
A "hammer" reversal candle appears on the chart. Trading volume surges and the MACD indicator starts turning up.
🚨 Stop-Loss: $0.135 (placed just below the support zone).
3. $CYBER - High-Risk Momentum Play
The Idea: This is a low-supply coin that could rally very quickly if Bitcoin's price becomes stable.
⚠️ Key Levels:
Buy Zone: $2.20 - $2.32 (key support area). Target: $2.50 (initial resistance).
⚠️ Buy Trigger (Wait for this!):
A 4-hour green candle with a 20% or more increase in volume. The RSI indicator holds above 45.
🚨 Stop-Loss: $2.08 (a tight, aggressive stop due to higher risk).
💝 Follow for more realistic TA updates and Takes. No copium allowed!