š BLUR/USDT - Long-Term Setup š #BLURUSDT BLUR is currently trading inside a strong demand zone, indicating a potential bullish reversal. If the price gains momentum, it could push toward higher resistance levels.
š¹ Current Price: $0.1187 š¹ Major Support: $0.0926 š¹ Key Resistance Levels: - $0.1484 - $0.2370 (Next major resistance)
If buyers defend this level and price forms a bullish structure, a steady climb toward the next resistance is likely. Watch for confirmation signals like volume increase and strong price action.
ā Risk Management: Always use a stop-loss and trade wisely! š
BTC is currently consolidating near our marked resistance zone at $88,662 after failing to break above it decisively. The market is showing signs of indecision, and today's Final GDP & Unemployment Claims data could bring volatility.
š Key Observations: ā BTC is still respecting the $86,325 support zone, keeping the bullish structure intact. ā A clean breakout above $88,662 could trigger a rally toward $91,728, confirming bullish momentum. ā A failure to break $88,662 might lead to another pullback towards $86,325 - $84,000 before the next move.
š Market Sentiment & News Impact: Today's macroeconomic data release will be crucial for BTC's next move. Expect increased volatility around the announcement, so wait for confirmation before making trading decisions.
Stop loss / SL: 0.2292 Note: šØ If you are a new crypto trader, please take 4-6 months to learn by watching the guide section videos. After that, you can start following the spot signals to begin earning.#ACXUSDT
Stop loss / SL: 7.19 When following spot scalping signals, only use a maximum of 5% - 10% of your spot portfolio funds.
Note: šØ Itās important to create a portfolio while spot trading so that you can easily take DCA (re-entry) through following risk management strategies. Make sure that you don't use your entire portfolio on just one signal. If you are a new crypto trader, focus on learning for 3-6 months, then start spot trading for at least one year before beginning futures trading!
Ethereum is consolidating near a key resistance level after a strong bullish push. The price is hovering around the marked resistance area, indicating potential rejection or a breakout.
š Possible scenario: ā If ETH maintains support above $1,960, buyers may step in, pushing the price toward $2,137. ā A breakout above $2,137 could trigger further upside movement, continuing the bullish trend. ā If ETH fails to hold its current level and breaks below $1,960, a deeper retracement could be expected.
š Market volatility & volume: ETH is experiencing increased volatility as it approaches key levels. Watch for price reactions around these zones to anticipate the next move.
As we mentioned earlier, BTC has retested our marked resistance and is now moving again towards it. The price action suggests a possible continuation to the upside if BTC manages to break above the resistance zone.
š Possible Scenarios: ā If BTC holds above $86,000, we may see another attempt to break $88,662, leading to a push toward $91,728. ā If BTC faces rejection, a pullback to the $84,000 zone is likely before the next move. ā A breakdown below $84,000 could send BTC into deeper retracement toward $80,102.
š Market Volatility & Volume: BTC remains highly volatile, with increased volume near key zones. Watch for confirmation of breakout or rejection before taking positions.
USDT dominance is currently hovering around the 5.08% support level, reacting to the marked liquidity zone. This area has previously acted as a key level, and the current price action suggests a potential move depending on whether this level holds or breaks.
Key Levels to Watch: š¹ Support Zone: The 5.02% ā 5.08% range is acting as a critical support area. A breakdown below this level could trigger further downside, fueling bullish momentum in BTC and altcoins. š¹ Resistance Zone: The 5.31% level is the next key resistance. A push towards this level could bring selling pressure on the crypto market.
Market Outlook: If USDT dominance breaks below 5.02%, it could indicate further upside in the crypto market, leading to bullish momentum in BTC and altcoins. However, if dominance finds support and reclaims 5.31%, we might see a short-term correction in the crypto market. Stay cautious and monitor these levels closely! š
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