With the market still feeling the effects of macroeconomic news and measures from the US government, many cryptocurrencies continue in a downward trend. However, attentive traders are on the lookout for possible reversal signals on the 4h and 1h charts.
Cryptos like Avalanche ($AVAX ), Chainlink ($LINK ) and the promising Initia ($INIT ) are showing exhaustion candles on the decline, which may indicate a breathing zone or short-term pullback. In the case of $INIT, the volume remains high, and the community continues to be active on social media — which may reinforce a technical recovery move.
📉 The tip is to monitor the volume, previous support zones, and wait for confirmation. In markets like this, those with a clear strategy get ahead. Also, pay attention to the behavior of bitcoin ($BTC), which remains the great barometer of current volatility.
