TROYUSDT.P Reversal long. If you respect your newly created maximum 0.000272, we could take a small long. The trend in longer terms 1H, continues to be bearish. I'm only interested in this long micro-trend to enter and exit.
Recovery from the uptrend. Breakout maximum levels of the previous day, weekly and monthly. It could be interesting to keep it on our watchlist for the next few days.
ETHUSDT.P is consolidated in a weekly range, reflecting indecision in the market. The key levels of the range are support and resistance, marked by recent lows and highs. This lateral movement indicates a lack of strength from both buyers and sellers, suggesting that accumulation or distribution is underway. It is crucial to wait for a clear break in the range, either up or down, to confirm a definite direction. Operating within the range can be risky due to false ruptures. Patience is key while monitoring volumes and price confirmations.
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🚀 #Solusdt.p 🚀 Previous day's maximum breakout. Creating a new HOD. 224 is its weekly high to keep in mind. Let's see what surprise this friend has in store for us.
AGLD/COINS ANALYSIS ON CURRENT SITUATION REMARKABLE MOVE 👇👇🔥👇👇
---$AGLD
AGLD/USDT Market Update - Key Levels and Breakout Setup
🔍 Current Situation: The AGLD/USDT pair is currently consolidating on the 15-minute chart within a symmetrical triangle pattern. This pattern reflects a period of indecision in the market, with both buyers and sellers waiting for a clearer direction. The price is trading around $2.858, slightly down by -0.56% over the last 15 minutes.
📊 Key Technical Observations:
1. Symmetrical Triangle: The price action is narrowing, forming lower highs and higher lows. This structure indicates a potential breakout, either bullish or bearish, depending on where the price breaches the triangle.
2. Support Levels:
The nearest support zone lies at approximately $2.60-$2.65. A breakdown below this area could trigger further downside.
A lower support zone is visible near $2.40-$2.45, providing additional defense against deeper corrections.
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3. Resistance Levels:
Immediate resistance is at the $3.00 mark. A breakout above this level would signal bullish momentum.
The next target for bulls, in case of an upside breakout, could be $3.20.
4. Volume Analysis: Volume has been relatively low during this consolidation, which is typical for triangle patterns. A breakout with strong volume confirmation will validate the direction of the next move.
🔮 What to Watch For:
Bullish Scenario: A break above the upper trendline of the triangle, ideally with volume, could pave the way for a rally towards $3.00 and beyond.
Bearish Scenario: A breach below the lower trendline and the $2.60 support could lead to a sell-off, with potential targets around $2.40.
📌 Conclusion: The market is at a critical juncture. Traders should exercise patience and wait for a confirmed breakout before entering positions. Setting stop-loss orders near key levels is essential to manage risk effectively.
💡 Trading Tip: Always trade with a plan. Monitor price action, volume, and broader market sentiment before committing capital. #BTCMiningPeak #BinanceAlphaAlert ---#BTCBelow92K ##SolvProtocolMegadrop