Below is the technical analysis and short-term Futures trading strategy for today (8/5/2025) for three cryptocurrencies: Solayer (LAYER), EOS, and MANTRA (OM).
1. Solayer (LAYER)
• Current Price: $1.33
• 24h Volatility: -24.77%
• 24h Trading Volume: $897.85 million
• Market Cap: $280 million
🔍 Technical Analysis:
• 15-minute frame: Price oscillates within a narrow range of $1.29 – $1.91, indicating strong short-term volatility.
• 1-hour frame: Slight downtrend with support at $1.30 and resistance at $1.50.
• 4-hour frame: Clear downtrend, strong support at $1.25 and resistance at $1.60.
• 1-day frame: Strong downtrend, support at $1.20 and resistance at $1.70.
📈 Trading Strategy:
• Position: Short
• Entry Point: $1.33
• Stop Loss (SL): $1.45
• Take Profit (TP): $1.20
2. EOS
• Current Price: $0.8225
• 24h Volatility: +17.14%
• 24h Trading Volume: $430.77 million
• Market Cap: $1.28 billion
🔍 Technical Analysis:
• 15-minute frame: Price oscillates within a narrow range of $0.690 – $0.845, indicating strong short-term volatility.
• 1-hour frame: Slight uptrend with support at $0.750 and resistance at $0.830.
• 4-hour frame: Clear uptrend, strong support at $0.700 and resistance at $0.850.
• 1-day frame: Strong uptrend, support at $0.650 and resistance at $0.900.
📈 Trading Strategy:
• Position: Long
• Entry Point: $0.8225
• Stop Loss (SL): $0.7800
• Take Profit (TP): $0.9000
3. MANTRA (OM)
• Current Price: $0.3615
• 24h Volatility: -7.13%
• 24h Trading Volume: $111.99 million
• Market Cap: $347.54 million
🔍 Technical Analysis:
• 15-minute frame: Price oscillates within a narrow range of $0.354 – $0.391, indicating strong short-term volatility.
• 1-hour frame: Slight downtrend with support at $0.350 and resistance at $0.370.
• 4-hour frame: Clear downtrend, strong support at $0.340 and resistance at $0.380.
• 1-day frame: Strong downtrend, support at $0.330 and resistance at $0.390.
📈 Trading Strategy:
• Position: Short
• Entry Point: $0.3615
• Stop Loss (SL): $0.3800
• Take Profit (TP): $0.3400
Note: The strategies above are based on technical analysis and current market data. Please adjust according to your risk appetite and profit goals.