Technical Outlook: #DF is currently sitting inside a key 4H bullish Fair Value Gap (FVG) zone after a short-term correction. A clear Change of Character (ChoCh) confirms a potential shift in market structure. If price break the Daily Trendline and respects the 4H FVG (marked as zone (B)), we could see a bullish leg toward OB- zone (C).
đŚ FVG Support: Strong reaction zone aligning with recent demand.
đ Overall downtrend still intact, but price is compressing into a decision point.
đş Watch for breakout above the descending trendline for confirmation.
â ď¸ Note: "If BTC becomes bullish again, thereâs a high chance that DF will go up." The correlation remains strong across alt pairs. #Binance #altcoins #LowCaps
Technical Outlook: #DF is currently sitting inside a key 4H bullish Fair Value Gap (FVG) zone after a short-term correction. A clear Change of Character (ChoCh) confirms a potential shift in market structure. If price break the Daily Trendline and respects the 4H FVG (marked as zone (B)), we could see a bullish leg toward OB- zone (C).
đŚ FVG Support: Strong reaction zone aligning with recent demand.
đ Overall downtrend still intact, but price is compressing into a decision point.
đş Watch for breakout above the descending trendline for confirmation.
â ď¸ Note: "If BTC becomes bullish again, thereâs a high chance that DF will go up." The correlation remains strong across alt pairs. #Binance #altcoins #LowCaps
trading around demand zone (0.135â0.139), If 0.135 fails, then OB+(0.120â0.123) is the brick wall area. If price break the Demand zone and do retest at (B) â 0.137 then price probably go more down at OB+(0.120).
Fundamentals? Still solid: inflation ~3â4% w/ built-in burn mechanics, niche privacy play with PoS.
If price stabilizes at Demandâzone, could be perfect entry for counterâtrend bounce. Otherwise, trend stays bearish shortâterm.
trading around demand zone (0.135â0.139), If 0.135 fails, then OB+(0.120â0.123) is the brick wall area. If price break the Demand zone and do retest at (B) â 0.137 then price probably go more down at OB+(0.120).
Fundamentals? Still solid: inflation ~3â4% w/ built-in burn mechanics, niche privacy play with PoS.
If price stabilizes at Demandâzone, could be perfect entry for counterâtrend bounce. Otherwise, trend stays bearish shortâterm.
BTC is trapped between major liquidity zones đđ If the USD shows weakness post-FOMC, we could see a bullish breakout above $119K, towards BSL and OB. But if Jerome Powell leans hawkish, expect a dip into $114Kâ$113K, where strong demand and HTF-FVG awaits đ§