$BTC /USDT is currently at $118,555.43, showing a slight recovery after bouncing from the low of $117,527.65.
📊 Short-Term Price Direction: Up (mild bullish move)
Here's why:
The last few green candles show higher lows and higher highs, indicating upward momentum.
Price bounced from near the 24h low ($117,453.57) and is now approaching resistance around $118,864.
Volume is moderate but not explosive, so the move is cautious rather than aggressive.
🧠 Summary:
Immediate trend: Mildly bullish
Resistance: ~$118,864 – $119,538
Support: ~$117,527 – $117,000
If price breaks above $119K with volume, expect stronger upside continuation.
If it fails to hold above $118K, a retest of $117K is possible.
#Write2Earn
📈 Ethereum Should Rise
If ETH repeats the BTC pattern from 2020, then we have every chance to grow to $7k-8k this year.
Why Ether is trending again:
▫️ The number of ETH staked has reached ATH: 35.7 million ETH ($107 billion) are not circulating in the market.
▫️ Yesterday, BlackRock bought $499.25 million worth of ETH for its ETF (a new record). The company has already accumulated $6.9 billion worth of ETH.
▫️ SharpLink has accumulated 280,600 ETH, surpassing the Ethereum Foundation in terms of ether reserves.
▫️ Bears can be liquidated by $1 billion if the ETH grows by 10% to $3,800.
▫️ The number of Google searches for the word Ethereum has updated its maximum since December 2024.
As the CEO of Bitwise said , ETH does not have to be BTC 2.0, but should have its own scope of application.
#ETH #Ethereum
{spot}(ETHUSDT)
$ZEN /USDT – Bulls Seizing Momentum After Breakout
{future}(ZENUSDT)
ZEN has broken above recent resistance, climbing up to $9.16 before pulling back slightly. Bulls are clearly taking the reins, and the momentum appears strong enough for another climb—provided key support holds.
📈 Long Trade Setup:
Entry Zone: $8.98 – $9.09
Stop Loss: Below $8.64
Target 1: $9.44
Target 2: $9.74
⚠️ Risk Reminder:
Wait for a minor dip or retest before entering. This approach helps improve your risk-reward ratio. Always use a stop loss and limit exposure to just a small portion of your capital.
🔍 Next Moves:
If ZEN can hold above $9.00, it’s positioned for another upward leg. A breakout above $9.20 would confirm renewed strength and could accelerate the rally.
📊 Technical Context (for added clarity)
Recent analysis shows ZEN broke out of an ascending triangle on the 4‑hour chart, supported by rising volume and a successful retest of the $8.00 resistance zone—now acting as support . That breakout structure sets the stage for further gains, with the $8.00–$8.20 area being a solid buy zone if another dip occurs.
Summary:
ZEN’s bullish push after clearing resistance supports a trade plan between $8.98–$9.09, with stops below $8.64, and profit targets at $9.44 and $9.74. Confirmation through retests and a move above $9.20 will strengthen the bullish outlook.
#Write2Earn
📉 $LAYER /USDT – Weakness Persists, Caution Advised
Current Price: 0.6951 USDT (-0.60%)
24H Range: 0.6783 – 0.7171
Volume: 3.01M USDT
🔍 Analysis:
LAYER is struggling to sustain above 0.70, facing consistent rejections near 0.7170. The price is hovering just above the recent low of 0.6783, indicating bearish pressure.
📌 Trading Signal:
Short Entry: Below 0.6900
Target 1: 0.6780
Target 2: 0.6650
Stop Loss: 0.7050
Alternatively, if price holds and rebounds above 0.7050, a short-term bounce to 0.7170–0.7200 is possible, but strength confirmation is needed.
⚠️ Insight:
Current momentum is weak. Only trade on clear breakdown or strong volume recovery.
$LAYER
{spot}(LAYERUSDT)
$BTC /USDT – Bulls Strike Back After Dump! Solid Recovery in Play
Bitcoin bounced back strong from $117,453 and is now pushing toward the $119K zone with clear bullish momentum. Buyers are showing strength and protecting key support levels well.
Long Trade Setup:
Entry Zone: $118,400 – $118,900
Stop Loss: Below $117,400
Target 1: $119,500 – Local resistance
Target 2: $120,400 – Daily high breakout level
Risk Note:
Watch out for a small pullback before next leg up. Safe entries are on dips or candle close above $119K for strong breakout confirmation.
Next Move:
If BTC holds above $118K, bulls can aim for a retest of $120K. A break above this level could open the door toward higher zones near $121K–122K.
$BTC
{future}(BTCUSDT)
TRX Surges 4.51% as Tron Inc. Nasdaq Listing and Network Milestones Drive Bullish Momentum
TRXUSDT has experienced a 4.51% price increase over the past 24 hours, currently trading at $0.3152 on Binance. The recent price movement is attributed to several key developments: SRM Entertainment's rebranding to Tron Inc. and its upcoming Nasdaq listing under the ticker 'TRON', making it the largest publicly traded corporate holder of TRX, has generated significant market interest. Additionally, TRON network milestones—including a record USDT supply of $81.7 billion, daily active addresses above 2.7 million, and strong transaction fee revenue—have reinforced positive sentiment. Technical analyses highlight a bullish structure, with TRX consolidating above $0.3000 and analysts watching for a breakout, supported by increased trading volumes and narrowing Bollinger Bands indicating a potential volatility-driven move.
Currently, TRXUSDT is trading at $0.3152 with a 24-hour trading volume of approximately $3.2 billion, a market capitalization near $29.54 billion, and a circulating supply of about 94.75 billion tokens, reflecting heightened market activity and strong investor engagement.