Passionate about the future of decentralized finance and blockchain innovation. Exploring the world of crypto, NFTs, and Web3 technologies $BTC $ETH $BNB $SOL
$DEXE is on fire with an explosive 22% gain! The bulls are pushing strong, and resistance at $18.11 is in sight. Will we see a breakout past $18.50 or a retrace?
Momentum is building! The bulls are taking charge as $USUAL /USDT skyrockets with a massive 25% gain today! Will we see a breakout past $0.40 or a pullback?
Key Indicators: Strong Buy Pressure (36.69% bids vs 63.31% a ks)
A significant purchase of Solana ($SOL ) has just been made: $287,530 worth at $239.61 per coin.
This indicates strong interest in $SOL .
Currently, $SOL is trading at approximately $239.29.
Support and Resistance Levels:
Support: Around $226.02, which was today's low.
Resistance: Approximately $243.38, today's high.
Suggested Action:
Given the recent large purchase and current price levels, it may be a good opportunity to consider buying SOL, especially if it approaches the support level.
Shorts (Green Line): Traders betting the price will drop might get liquidated if the price rises.
Longs (Red Line): Traders betting the price will rise might get liquidated if the price drops.
3. Leverage Levels: Yellow, blue, and red bars show different leverage positions (e.g., 10x, 25x, 50x). Larger bars mean higher risks of liquidations in that price range.
Support & Resistance:
Resistance (Potential Sell Zone): Around 103,410 – big liquidation clusters here mean strong selling pressure.
Support (Potential Buy Zone): Around 98,562 – strong liquidation clusters below suggest buyers could defend this level.
Next Move:
If BTC breaks above 103,410, it could move higher (consider buying).
If BTC drops below 98,562, it could fall further (consider selling).
Strategy:
For Buying: Look for dips near 98,562 with signs of price reversal upward.
For Selling: Watch for a break below 98,562 or rejection near 103,410.
Use stop-loss orders to limit risks, especially with high leverage.