๐Solana has broken an important support level and is now moving downward.
๐The price might go back up slightly to retest the breakdown area, but if the downtrend continues, it could fall toward the next key support around $155.
๐If that level is also broken, the next support is near $148. #solana #sol
Solana is forming a kind of head and shoulder which is bearish pattern and agr ise follow krta hai toh breakdown ho skta hai and price could fall down. So it is very important for solana to bounce back from its support area of $167 to $165
If breakdown happens then next support is near $155. Keep an eye on these levels. ๐ #solana #sol
I don't expect a deep correction before the new ATH in Bitcoin ๐๐ With the possible liquidation in the 100-102K range, I think we will see the 109K level. My short-term target is the range of 116,000 โ 116,400. A strong movement may come to these levels. ๐๐๐๐ #bitcoin #Bitcoinโ #BitcoinETFs
IMX is forming a head and shoulders pattern in the daily time frame, and an ascending channel has formed in the 4-hour time frame.
The price reached the resistance level of $2.53-$2.62 , but after several attempts, it has not succeeded in breaking the level yet.
Considering that the price is in an ascending channel and is now at the ceiling, there is a high possibility of the price falling to $1.97.
If IMX manages to break through the resistance level and stabilize above it, there is a high probability that it will reach new price levels. This could indicate the beginning of a new upward trend, attracting the attention of many investors ๐. It is also important to consider trading volume and overall market conditions to ensure the sustainability of this breakout. #IMX. #UpdateNeeded
The price of #ZEN moves in the bottom of its ascending channel in the daily time frame, and in the 4-hour time frame, it was able to break the downward trend line.
The price is breaking the resistance level of $9.30-$9.65. It seems that the bulls are buying, and there is a high probability that the price will rise to its previous ceiling of $15.00 and then $18.00.๐๐๐
#BTC still on the consolidation and formed a new hourly support area. Price also made a triangle pattern, which could give a breakout either side. Both sides looks good enough to go, so eyes on it. #btcpizza #pizzaday #BTC
#THETA is moving in a bullish flag in the 4-hour time frame. The price broke the flag pattern.
Buyers now move slowly and are not strong. If the market trend is still bullish. The price can easily reach $3.800, but in this direction, the resistance of $3.370-3.100 must be broken first.