Crypto trader and analyst on Binance. Sharing market insights, buy/sell signals, and top altcoin picks to help you maximize profits and navigate the market!
*Price* 02093 *Trend* Sideways range bound *Support* 01611 *Resistance* 02150 then 02340
*Structure* Price had a big spike to 04780 then dumped Now moving in a tight range between 01611 and 02150 MA7 is below MA25 showing weak short term momentum Still no clear breakout
*Volume* Volume is strong with over 212 million WLFI traded But no clear trend direction from volume
*Bias* Neutral Wait for a clear move Bullish above 02150 Bearish below 02030
*Trade Plan* Avoid trading inside this range Go long above 02150 with targets at 02340 and 02840 Go short below 02030 with target at 01611
*Conclusion* Market is undecided Let price break the range before entering any trade
Current Price: 109426 Trend: Bearish lower highs lower lows Key Support: 109000 then 102600 Key Resistance: 114200 then 120000 Structure: Bearish daily candles with volume drop Bias: Sell on bounce unless daily closes above 114200 Invalidation: Close above 114200 flips bias to bullish Watch: BTC breaking 109000 may test 102600 fast
Conclusion: Market still under pressure short-term #bearish until reclaim of key resistance zones
Entry Zone (OB 4H support): Between 1.52 – 1.56 (current price trading in this area). Stop Loss (below OB 4H): 1.44 – 1.45 zone (below the marked demand area). First Target (intraday): 1.70 – 1.74 (minor resistance zone). Second Target (swing): 1.97 – 1.98 (before the bearish box). Extended Target (if strong momentum):
Entry Zone (OB 4H support): Between 1.52 – 1.56 (current price trading in this area). Stop Loss (below OB 4H): 1.44 – 1.45 zone (below the marked demand area). First Target (intraday): 1.70 – 1.74 (minor resistance zone). Second Target (swing): 1.97 – 1.98 (before the bearish box). Extended Target (if strong momentum):