The price of $TRB reacts well to the top and bottom of the descending channel that is part of a bullish flag pattern.
The price correction process is slow down, and if it can get out of the channel, it will be pumped very strongly. To confirm and continue the upward trend, the price must cross $110. The probability of the price reaching the support level of $74.00-65.00 and then starting the next upward step is high. This level is a strong demand area. If the price can't jump after reaching this area and fall below it, the upward trend will be invalid, and it shows It will give more downward movement for the price.
$KLAY price has returned to the demand area from which it was previously pumped by more than 50%
As the price reached the resistance level of $0.2600 - $0.2700, the price started to decline and exactly returned to the area of $0.1600 - $0.1500, this area has already supported the price well. Therefore, the possibility of re-support is very high
If the current level is violated and the price drops below the support level, the situation will become more critical and the possibility of further price reduction and reaching the level of $0.1200 will increase. This level is almost the price floor of this currency.
$UNI has recently formed an ascending channel in the 4-hour time frame.
After reaching the $7.900-$8.800 level, the price was very strongly supported and again grew by more than 30%. Now it is facing a very weak resistance in the area of $12, which due to the strong upward trend in this currency is expected to easily cross this level and reach the resistance level of $13.3.🚀
#AXS moved as expected and failed to break the resistance level of $8.700-$8.400.
The specified resistance area was not fully consumed and invalidated the bullish scenario. The price left the small ascending channel that was formed in the 4-hour time frame and fell to the support level of $6.500-$6.300. Now, it will need to rebound to continue its ascent to challenge the resistance once again . Given its history of bouncing from critical demand levels, there is a possibility that #AXS could replicate this behavior and push upwards.
A breakdown below the demand area would negate the bullish outlook and potentially lead to extended declines.
$MKR price easily broke the support level of $2470-$2350 .
In the daily time, it is moving in an upward channel, which faced selling pressure after reacting to the supply zone and not being able to break the zone.
Recently, an upward harmonic pattern has been formed in the chart, the price is slowly forming a positive divergence, and if it can return to the above specified level, we can expect to see the price rise according to the pattern
$GRT After reaching the resistance level of $0.3300-$0.3550 , GRT started to decrease, and with more than 25% decrease, it has reached the support area of $0.2300
The price has left the ascending channel . The subsequent critical demand zone at $0.2 is vital to watch because it is known for its strong liquidity and history of catalyzing significant upward movements. Securing a strong rebound is essential to sustain support.
Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines
The price of ATOM⚛️ has broken the upward trend line. After the failure, it fell by more than 30% and reached the support level of $7.660-7.660
according to the continuation of the downward trend of the market in the short term, there is a possibility of reducing the price to the bottom of the descending channel that was formed recently.
If the price reaches the bottom of the channel, it will reach the important demand area of $6.1, and there is a possibility of price support from this area.
After so many attempts of breaking ATHs and getting severely rejected above 70K, #BITCOIN🪙seems exhausted, blackrock and other ETFs pumping and dumping larger volume than ever. Bitcoin is crashing very dramatically and is leaving no room for doubt. The week starts red right away.
#BTCUSDT is still moving sideways in a consolidation zone around the 72,000 - 65,900 area on the 4-hour chart. A short-term correction continues to form. The price broke the 69,200 support level .
Overall, the market will move in a range at this time, and the range correction will continue to develop. Trading will be carried out between levels. According to the current market structure and the price behavior after the clear breakout on the long-term chart, we are more likely to capture the market correction as long as the price remains below the $72,000 resistance level. The market will soon experience huge fluctuations
PolkaDot was able to break the dynamic support very sharply and strongly.
#DOTUSDT inverse head and shoulder on daily timeframe hints a major correction.
The price after reaching the resistance level of $7.500 - $7.700, the price failed to break it and started to decrease along with other digital currencies. If the selling pressure is still strong, the price will fall to the main support level of $5.660 - $5.810 , an area where there seems to be a lot of demand for buying