Not_ScorpionXD
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#Hedera (HBAR) has broken below a key ascending trendline, signaling a shift toward bearish sentiment. Price rejected a major supply zone and is now forming lower highs. If the current support fails to hold, HBAR could retest the demand zone marked below. Caution is advised until a clear reversal or consolidation occurs.
#Filecoin (FIL) has broken below a key ascending trendline, indicating bearish momentum on the daily chart. Price action is currently rejecting a supply zone, suggesting further downside potential. The next major support lies near the $2.80ā$3.00 range, where a potential target is marked. Short-term bias remains bearish unless a strong reversal emerges.
#Litecoin (LTC) is currently showing a bearish trend on the daily chart, approaching a strong demand zone around the $70ā$75 level. The chart indicates potential for a bullish reversal if support holds, with a projected move back toward the $95 resistance area. Traders may consider waiting for confirmation in the demand zone before entering long positions.
#Avalanche (AVAX) is showing a key support retest on the daily chart, trading along a rising trendline. The price action indicates potential for either a strong rebound toward the resistance zone or a breakdown if support fails. Traders on Binance should watch for confirmation before entering positions. A breakout could target a 25% move upward, while failure risks a sharp decline.
#Polkadot (DOT) has broken below a key trendline on the daily chart, signaling potential bearish momentum. The price is currently retesting the breakdown zone with fair value gaps (FVGs) acting as resistance. Unless DOT reclaims the trendline, further downside toward the $3.50 target area is likely. Binance traders should monitor for rejection at the current level.
#Binance Coin (BNB) is trading within an ascending wedge pattern, holding strong above key order block support. A bullish continuation is likely if price breaks above the upper resistance zone, targeting a 29% move. However, failure to maintain current support could lead to short-term consolidation. Binance users should watch for a breakout confirmation.
#Cardano (ADA) is showing a potential bullish breakout on the hourly chart, having recently broken above a descending resistance line. The price may retest this trendline as support before continuing its upward move. Strong support is seen near the $0.42ā$0.43 zone, while resistance lies around $0.48. Traders on Binance may watch for confirmation of the retest before entering long positions.
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