Layer has recently shown high volatility, losing major support levels after failing to hold $2. The current structure suggests consolidation around $1.20–$1.50, with a significant token unlock of 4.64% scheduled for May 15, expected to result in 22% inflation, which could further pressure the price.
Entry Zones
Primary Entry: $1.25–$1.35 (Accumulation Zone)
Breakout Entry: On confirmed reclaim of $1.50 with strong volume
Targets
Target 1: $1.90
Target 2: $2.10
Target 3: $2.50
Long-term Target: $3.00 (if $1 support holds after token unlock)
Stop Loss
Close below $0.98 for 2 consecutive days
Market Sentiment & Risks
With inflation risk and a major unlock ahead, $1 is the critical psychological support. If it holds, a rebound toward $2+ is still possible. But failure to hold may drive a deeper correction toward $0.52.
Fetch.AI (FET) continues its solid uptrend, with price action unfolding in a five-wave move from the April lows. This structure signals promising momentum and suggests that FET might still have room to run — but traders should prepare for a potential B-wave pullback soon.
Wave Structure Insight:
Current move up is labeled as circle wave A (five waves up).
A corrective circle wave B pullback is anticipated next, likely forming an ABC pattern.
Post-pullback, a strong rally in circle wave C could target around $6.20, the 100% Fib extension — a key ideal target for this structure.
Trade Plan:
Entry Zones:
Aggressive Entry: On minor pullbacks above $0.62 while momentum remains bullish.
Ideal Entry: Wait for the anticipated B-wave pullback into the support zone of $0.42 - $0.62. This area will act as a launchpad for the next move if the bullish thesis holds.
Upside Targets:
First Target: Retest of local highs around $1.50 - $2.00.
Major Target: $6.20 (Fib extension target & C-wave ideal completion).
Stop Loss:
Below $0.42 — a break below this micro support would invalidate the bullish structure and signal deeper correction risk.
Key Notes:
Watch for signs of topping in wave A (momentum loss, break of last lows, etc.).
Support zone $0.42 - $0.62 will become the critical area during the B-wave pullback.
OM Mantra is showing strong bullish momentum again after a long period of weakness. The coin recently hit 51 cents, which was a key resistance zone. Volume is high, indicating solid market interest, and the coin is still actively traded across major exchanges.
Key Points from Analysis:
Market Cap: $443 million
Volume-to-Market Cap Ratio: ~100% (very strong)
Short-term upside looks promising with potential for 50% to 100% gains.
Trade Plan:
Entry Zone (Buy the Dip):
41 to 42 cents range (ideal accumulation zone on pullback).
First Target (Breakout Zone):
Break and close above 48 to 49 cents is critical for further upside.
Upside Targets:
First Target: 60 to 63 cents
Maximum Expected High: 66 cents in this rally (not expecting higher for now).
Stop Loss:
Below 40 cents (invalidates the bullish structure short-term).
Summary:
Watch for a dip to 41-42 cents to consider entries.
A successful break above 48-49 cents confirms the next leg higher.
Floki is currently showing strong bullish momentum with no immediate signs of weakness. The recent breakout above February’s swing high signals strength, and price is approaching the next key resistance around 14,851 — which aligns with the 100% Fibonacci extension level and the late January swing high. This area is a critical milestone to watch.
Wave Structure Summary:
The chart suggests we are currently in Circle Wave A of a larger ABC structure.
While the move up can be counted as five waves, there's also a valid case for a three-wave pattern, which is common in crypto during bullish phases.
A pullback (Circle Wave B) is expected after topping out near 14,851, ideally forming a higher low before another move higher.
Trade Plan:
Entry #1 (Breakout Play):
Buy on breakout and strong close above 14,851 (confirming continuation).
Target: 16,500 - 18,000
Stop Loss: Below 13,200
Entry #2 (Pullback Play):
Buy on pullback into the support zone between 5,538 and 7,933 (Circle Wave B zone).
Target: Retest of 14,851 and then higher (16,500 - 18,000).
AVAX Market Analysis – Bullish Momentum Towards Key Resistance Levels
Avalanche (AVAX) has entered a critical resistance zone between $25 and $42, a range discussed over recent weeks. Price action aligns with two potential Elliott Wave scenarios:
1. Blue Scenario (Bearish Correction):
AVAX could be forming an ABC corrective wave to the upside as part of a larger Wave 2 retracement.
Resistance is expected near $42.
A breakdown after this level could initiate a trend reversal.
Entry (Short Idea): Wait for rejection near $42 with a strong bearish signal.
Target: $25
Stop Loss: $44
2. Yellow Scenario (Bullish Impulse):
If AVAX breaks above $42.20 decisively, this could indicate a shift to a Wave 1 bullish impulse, targeting levels up to $89 in the coming weeks.
Current move shows potential for 5-wave formation, indicating bullish continuation.
Entry (Long Idea): Break and close above $42.20 with volume.
Injective has broken above the neckline of an inverse head-and-shoulders pattern, confirming a bullish reversal and signaling the continuation of an upward move. The next major resistance/target zone is between $14.77 and $20.29, aligning with the 100%–161.8% Fibonacci extensions.
Wave Structure Insight:
An ABC corrective rally is unfolding from the Wave 4 bottom.
Current action suggests Wave C of A is in progress, potentially targeting the $20.00 level, which also aligns with the head-and-shoulders target projection.
Key Levels:
Resistance/Targets: $14.77, $16.67, $16.80, and $20.29.
Immediate Support: If a short-term pullback occurs, support lies at $10.15, with major support at $7.47.
Strategy:
Entry (Breakout continuation): $13.80–$14.00
Short-Term Target: $16.80
Mid-Term Target: $20.00–$20.29
Stop-Loss: Close below $12.00 (below prior swing low)
Bonk has completed a clean five-wave impulsive structure from the April low, indicating a strong bullish setup and suggesting that a larger degree wave 5 rally is likely underway.
Current Structure:
BONK has formed a textbook 1-2-3-4-5 Elliott Wave pattern.
Wave 3 reached the 138.2% Fibonacci extension.
Wave 5 is approaching the 161.8% and 178.6% Fibs, indicating possible exhaustion soon.
Key Resistance Targets:
0.00023998 (161.8% Fib)
0.00025946 (178.6% Fib)
0.00028865 (Upper Fib resistance)
Structural: 0.00039751 and 0.00059985
Key Support Levels (for future pullback):
Immediate swing low will define potential Wave 2 correction zone
Watch for breakdown signs to identify Wave 2 entry opportunities.
Ethereum has completed a full ABC corrective wave structure from the April low, with Wave C hitting the critical resistance zone of $2,594–$2,775. This suggests a potential local top, though an extended push to the 161.8% Fib level at $2,775 remains possible.
Trade Setup (Short-Term Swing Trade)
Entry (Short Position): Between $2,600–$2,750, preferably after a rejection or reversal signal.
Stop Loss: Above $2,800
Targets:
TP1: $2,300
TP2: $2,160 (confirmation of Wave B start)
TP3: $1,850
TP4: $1,600 (if deeper correction plays out)
Bullish Scenario (Long Position Setup)
If ETH corrects and finds support above $1,584, a bullish C-wave rally toward $3,000+ could follow.
Long Entry: $1,600–$1,700 (with bullish confirmation)
Bitcoin (BTC) Market Analysis – Micro Structure & Next Move
BTC is in sideways consolidation, holding just below a key resistance. We're watching for a potential breakout or corrective move based on Elliott Wave microstructure.
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Key Technical Levels:
Current Structure: Potential WXY correction with ABC in Y wave
Immediate Resistance: $104,050 (B-wave high, swing high from Saturday)
Support Zone (Target for C-Wave):
$100,900 – $102,130 (measured via Fibonacci extension from A to B)
Major Support Floor: $99,900 (must hold to maintain upward potential)
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Scenarios & Trade Setups:
1. Bullish Breakout:
Trigger: Break and close above $104,050
Target: New high near $105,000+, completing wave 5
Stop-Loss: Below $102,000 (mid-support zone)
2. Bearish Correction (C-Wave Completion):
Trigger: Break below $103,000 swing low
Target Zone: $100,900–$102,130
Long Entry Opportunity: Watch for bullish reversal at the bottom of the C-wave zone
Stop-Loss: Below $99,900
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Summary: BTC remains in a holding pattern with potential for either:
A final push higher (wave 5) if $104,050 breaks, or
A healthy pullback into key support ($101k area) before continuation.
MOG has exploded +300% and is now trading above the key 0.382 Fib level at 0.00000073. Price action is bullish, and the structure is holding for further upside.
Current Price Zone: Above 0.00000073 (0.382 Fib)
Next Resistance: 0.0000014 (0.618 Fib level)
Moon Target: 0.0000022 (Fib 1.618 – potential 20x from lows)
Strong Supports:
0.00000065
0.00000060
Breakdown Risk: Below 0.00000065, expect a potential drop toward 0.00000045
Trade Setup (Momentum Play):
Entry: On breakout retest above 0.00000073 or dip to 0.00000065 holding support
Spell Token remains in a macro bearish structure, but a breakout could open the doors to massive upside potential.
Bearish Below: 0.000095 (3 zeros 95)
Macro Bullish Breakout Level: 0.0018 (2 zeros 18)
Major Resistance Levels: 0.000095 (382 Fib), 0.0018 (618 Fib)
Upside Potential:
To 618 level: ~700%
To All-Time High: ~4000% (40x)
Current Status: Spell is lagging behind other altcoins in terms of macro recovery. It's still below key resistance and needs a confirmed break above 0.0018 to flip macro bullish.
Trade Setup (Long-Term Outlook):
Entry (Conservative): After breakout above 0.0018 with confirmation
General Market Sentiment: Weekend trading is showing low volume, which often limits strong moves, but momentum is building across altcoins. Key developments from U.S.–China talks may trigger relief rallies on Monday, with global markets potentially responding positively.
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1. Bitcoin (BTC/USDT)
Support Zone: $101,000 – $101,500
Current Range: Consolidating between $101.5K and $106K
Next Target Zone: $105,000 – $106,000
Stop-Loss (If Long): Below $101,000
Note: No strong directional trade now; best to trade at range boundaries for favorable risk-reward.
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2. Ethereum (ETH/USDT)
Current Resistance: $2,600 (POC + Imbalance Zone)
Key Support Zone: $2,000 – $2,100
Strategy:
Wait for pullback toward $2,100 for long entry.
Avoid fresh entries near $2,600 unless a breakout is confirmed.
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3. XRP/USDT
Resistance Reached: $2.44
Expected Pullback Zone: $2.32
Next Target After Pullback: $2.60
Strategy: Consider entry at $2.32 support with TP around $2.55–$2.60.
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4. RWA (Real World Assets) Narrative
Coins in the RWA sector are showing strong momentum. Focus coins:
RSR (Reserve Rights): Watch for further upside moves.
Mantra (OM): +26% surge in the last hour; momentum heavy but risky at highs.
Usual (USUAL): Testing 15¢ resistance; wait for confirmed breakout or dip entry.
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Final Thoughts: Bitcoin is holding key levels, but real action is in select altcoins—especially RWA tokens. Be cautious of weekend volatility, avoid mid-range entries, and wait for key levels to engage. $BTC $XRP $USUAL #TradeOfTheWeek #usual #RWA板块涨势强劲 #MarketAnalysis #CryptoNews
Overview: Crypto markets have been lively, and we're capitalizing on some sharp moves. In the past two days, we booked a 25% gain in private trades, with PEPE alone delivering 17% on Friday — a day that truly lived up to its reputation as a “blessed” trading day.
Now the focus shifts to BONK, which is showing promising signs of a breakout.
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BONK/USDT Technical Setup:
Pattern: A bullish pennant is forming on the 1-hour timeframe.
Trendline Support: Price is currently touching trendline support, making this a potential early entry zone.
Alternative View: A minor double top is visible on the 15-min chart, but the larger pennant structure dominates.
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Trade Setup:
Entry: 0.00002170
Stop-Loss: 0.00002149 (-2.6%)
Take-Profit: 0.00002651 (+22%)
Risk-to-Reward Ratio: ~1:8.5 This is a slightly risky early entry, but the positioning near support justifies the trade logic. If BONK breaks above the pennant, it could easily target the 0.00002650 region. $BONK #BONK #MarketAnalysis #CryptoNews #MarketUpdate #trading
BRETT recently hit resistance around the $0.087–$0.088 range after a strong rally from the dip levels near $0.049–$0.054, delivering up to 70–80% gains. The 10 cent target remains intact, but a cooldown is likely before the next leg.
Market Snapshot:
Market Cap: ~$800M
24h Volume: ~$50M
Sentiment: Mild profit-taking and weakening momentum
Key Technical Levels:
Support Zone: $0.071 (Bullish retest), $0.065–$0.067 (shakeout range)
Entry Zone: $0.071 – $0.067 (wait for dip/correction)
Target: $0.10
Stop Loss: Below $0.064 (structure invalidation)
Analysis:
A cool-down and correction are expected before continuation. Buyers may look to re-enter on dips. As long as the price stays above $0.065, the bullish structure remains intact. #BRETT #MarketAnalysis #CryptoNews #MarketUpdate #trading
Turbo Coin (TURBO/USDT) – Market Update & Price Outlook
Turbo Coin is currently underperforming while the broader market shows strength. Despite previous rallies, it now appears overbought on lower timeframes with strong rejection wicks and a lack of fresh buying pressure.
Market Snapshot:
Market Cap: ~$400M
24h Volume: ~$134M
Current Trend: Sideways consolidation
RSI (4H/1D): Overbought – signs of exhaustion
Key Observations:
Price is ranging between $0.00040 to $0.00060
No breakout yet – structure still intact
Correction is likely – a dip toward $0.00051–$0.00049 may offer a healthier setup
One or two red candles would reset indicators and make room for another leg up
Aggressive Entry: Current price zone with volatility tolerance
Target: $0.0007766
Stop Loss: Below $0.00040 (major support zone)
Conclusion:
Turbo Coin is in need of a cooldown after a strong move. Patience is key here. A healthy dip could present a better entry point. If already holding, tighten risk and prepare for possible short-term downside before continuation. $TURBO #turbo #MarketAnalysis #CryptoNews #MarketUpdate #TradeOfTheWeek
Polkadot is currently completing a potential A-wave corrective rally, testing strong resistance around $5.16–$5.30, where price got rejected after reaching the 100% Fibonacci extension. The market structure suggests we may now enter a B-wave pullback before a potential continuation higher (C-wave).
Key Technical Levels:
Immediate Resistance: $5.31 – $5.50
Major Upside Levels (if rally continues): $6.16, $7.15, $8.84
Micro Support: $4.85 – $4.49
Major Support Zone: $4.34 – $3.58 (must hold to maintain bullish structure)
Trade Plan:
Entry Zone 1 (Aggressive): $4.85–$4.49 (micro pullback area)
Entry Zone 2 (Conservative): $4.10–$3.88 (if deeper B-wave correction plays out)