🧠 Technical Snapshot: ENA is trading within a well-defined range-bound structure. 🔻 Support: 0.5500 🔺 Resistance: 0.7000
📊 Price has rebounded sharply from the support zone and is approaching the upper resistance again. The structure resembles a bullish range with potential breakout setup.
🚀 Next Possible Moves:
Bullish Breakout: A clean break and hold above 0.7000 could trigger continuation toward 0.75+
Rejection Scenario: If rejected from resistance, watch for consolidation or a retest of the 0.60–0.58 zone
Range Trading Opportunity: Scalpers may trade the 0.55–0.70 range until breakout confirmation.
🔔 Note: Volume is increasing, signaling strong interest. Keep an eye on candle closes around 0.68–0.70 for breakout confirmation.
🧠 Technical Snapshot: ENA is trading within a well-defined range-bound structure. 🔻 Support: 0.5500 🔺 Resistance: 0.7000
📊 Price has rebounded sharply from the support zone and is approaching the upper resistance again. The structure resembles a bullish range with potential breakout setup.
🚀 Next Possible Moves:
Bullish Breakout: A clean break and hold above 0.7000 could trigger continuation toward 0.75+
Rejection Scenario: If rejected from resistance, watch for consolidation or a retest of the 0.60–0.58 zone
Range Trading Opportunity: Scalpers may trade the 0.55–0.70 range until breakout confirmation.
🔔 Note: Volume is increasing, signaling strong interest. Keep an eye on candle closes around 0.68–0.70 for breakout confirmation.
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ORDI/USDT 1D Buying Strategy: As per the 1D chart, ORDI is currently testing a key ascending trendline support near the $9.60 level. As long as this level holds, a short-term bounce is likely. This offers a good risk-reward buying opportunity for swing traders.
Currently, BNB is trading at $808.69, showing a minor decline of 1.20% in the last 24 hours. After hitting a recent high of $861, BNB has entered into a short-term bearish trend. The price is now moving below the 20-period moving average and the middle line of the Bollinger Bands at $820, indicating selling pressure.
On the other hand, Stochastic RSI is in the oversold zone (below 20), which often signals a possible short-term bounce. But no strong bullish confirmation yet.
Key support levels to watch are $796 and $782. If these hold, a rebound towards $820–834 is possible. However, if price breaks below $782, the next target could be around $765.
📌 I am watching closely for price action near $796. Let’s see if bulls can take control again or if bears dominate further.
Over the past few weeks, my trading operations have become more structured and data-driven. I primarily use a swing trading strategy, focusing on high-volume altcoins with strong fundamentals. Currently, I’m allocating 40% of my portfolio to $BNB due to its consistent performance and utility across Binance platforms. I analyze market sentiment, news catalysts, and use RSI and MACD indicators for entry/exit timing. Risk management is key—I always set stop-losses and aim for a 3:1 reward-to-risk ratio. As the countdown ticks—09D: 21H: 51M—I’m preparing for potential volatility and positioning accordingly. Consistency and discipline remain my core trading principles.