NOT skyrocketed 580% in June, but is it headed for another m | ARAMUSHA8998 على Binance Square

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NOT skyrocketed 580% in June, but is it headed for another moon mission or a crash landing? 
Read my full analysis that dives into recent price action & explores 3 potential scenarios here.

إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.

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Trade Analysis # 19: Is $SOL prepare for a Bullish Run? SOL is currently consolidating in a bullish pennant pattern. This indicates a period of indecision after a strong upward trend (since Oct 2023 till Mar 2024). The price is hovering around the $130 level, with resistance near $155 and support at $120. 3 Possible Scenarios in the Next Few Days: 1. Bullish Breakout: If SOL can decisively break above the resistance at $155, it could signal a continuation of the uptrend. This could be fueled by positive news or developments related to the Solana ecosystem. 2. Bearish Breakdown: A break below the support at $120 could indicate a potential reversal and a downtrend. This could be triggered by broader market weakness (especially BTC) or negative news about Solana. 3. Continued Consolidation: The most likely scenario in the near term is that SOL remains within the pennant pattern. This suggests continued indecision and sideways movement until a clear breakout or breakdown occurs. Trading Suggestions: Scenario 1 = Consider a long entry if SOL breaks above $155 with good volume. Place a stop-loss order below the pennant's support trendline (around $120) to manage risk. Scenario 2 = If SOL breaks below $120 with strong selling pressure, a short position could be considered. Set a stop-loss above the pennant's resistance trendline (around $155) to protect your capital. And you can try to take profit near $100 & $80 Support Level. Scenario 3 = Just Wait. Be Patience. If there's no confirmed breakout or breakdown, it's best to hold your cash and wait for a clearer signal. By understanding the current situation, potential scenarios, and implementing proper risk management, you can make Smarter trading decisions on SOL. Trade Smarter! Peace Out ;) P.S. Follow me to Trade Smarter. Your Wallet will Thanks you later 😎💰🚀 #SolanaUSTD #solusdt #SOLUSDT! #solonapumping #BinanceTurns7

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Trade Analysis #18:$IO - A Look at Its Recent Price Movement and Potential Future. IO, the latest Binance Launchpool project, has garnered significant attention since its launch, with its price surging 256% from $1.83 to $6.52! However, during last week's market downturn, IO's price dipped alongside other altcoins, falling to $1.946, close to its initial launch price. Currently, IO is consolidating between $2.0 and $2.8. Key Questions: Where will IO head next? Is now a good time to buy low, or should we wait for a further price drop? Possible Scenarios in the Coming Days: 1. Bullish Rise: A price breakout above the $2.8 resistance level with high trading volume would indicate a bullish trend. 2. Double Bottom: A price drop to a second bottom (potentially lower than the first) accompanied by higher RSI and lower trading volume could signal the formation of a solid base for a future bull run. Trading Suggestions: Scenario 1: If the price breaks out above $2.8 with high volume and $BTC is also rising, this could be a good opportunity for short-term trading. Scenario 2: If Bitcoin has also established a strong support level, this might be a good time to buy low and hold IO for the next bull run. Personal Opinion: As a big fan of IO and the AI+DePin concept, I'm looking for a good entry point to buy low. I hope this analysis provides valuable insights into IO's price movement. Let's Go IO! P.S. Follow me for more Professional Trading Analysis. Your Wallet will Thanks you later 😎💰🚀 #ionet #io.net #iousdt #BinanceTurns7 #BinanceLaunchPool🔥

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Trade Analysis #17: $PEPE had hold it's price on $0.000007 Support and now we had to re-evaluate all the key support & resistance again to prepare for our next trade. Going upward, we had Resistance level: 1. $0.00001175 (weak resistance) 2. $0.00001275 (medium resistance) 3. $0.00001390 (strong resistance) 4. $0.00001580 (Strongest resistance) These are the point where price might retrace or reverse & drop further down (provided price hitting two or three top at the same resistance level). Going downward, we had Support level: 1. $0.00000763 (weak support) 2. $0.00000592 (medium support) 3. $0.00000460 (strong support) 4. $0.0000039 (Strongest Support) These are the point where price might hold & form a solid Base, for next Bull Run. A solid Base is formed when price had two or three bottoms near the same support level. So how do you use this information to trade? 1. Go Long when price had a Solid Base. 2. Go Short when price had a third top with RSI divergence. 3. Place Neutral Grid bots to benefits from both Long & Short Scenario (for Advanced Traders only). P.S. Follow me for more Professional Trading Analysis. Your Wallet will Thanks you later 😎💰🚀 #PEPE_EXPERT #PEPEEarn #PEPEUSDT #BTC_Bounce_Back_to_57k #BinanceTurns7

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Trade Analysis #16: A Close look on $NOT price movement. $NOT rise even higher after my previous post on saying: now it's not a good time to Enter NOT yet. But if you have a closer look on the price: NOT is actually having a 2H Second Higher Top with Lower RSI & Lower Volume too. This signal that the price might reverse and start dropping soon. Three Scenarios that may happen in next few days: 1. Occasionally, price might still had a 2H Third Top before dropping down. 2. The price drops down after this second top, and enters a consolidation phase (a good time to enter if BTC has a solid base now). 3. Price breakout of previous high ($0.1764) with Huge Volume; this might be a good time to Chase the High too... this scenario will need further confirmation. In conclusion, You can adjust your Entry based on these possible scenarios & looking for volume confirmation before entering. P.S. Follow me for more Professional Trading Analysis. Your Wallet will Thanks you later 😎💰🚀 #NOT🔥🔥🔥 #Notcoinnews #Notcoin👀🔥 #NOTUSDT🚨 #BinanceTurns7

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Trade Analysis #15: Where are $BTC heading next? After the significant drop last week, BTC are now consolidating between $54,000 and $58,000. Here I breakdown 2 possible scenarios that might happened next: 1. Upward Move: A Break above $58,000 could signal rally, but expect selling pressure at $63,000 and even more at $68,000. Price might bounce back and forth (retrace) before a shot at $68,000. 2. Downward Move: If price falls below $54,000, it might test $51,000. If $51,000 holds, Bitcoin could find support there, potentially setting the stage for next Bull Run. The Bottom Line: Pay attention to these levels: $54,000, $58,000, and $51,000. They'll tell us where $BTC headed next. P.S. Follow me for more Professional Trading Analysis. Your Wallet will Thanks you later 😎💰🚀 #BTC☀ #BTCUSDT #Bitcoin❗ #BTC_Bounce_Back_to_57k #BinanceTurns7

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