Bitcoin is rebounding from the horizontal demand zone following a strong downward move from the resistance trendline. It is currently trading above the 100MA, which is acting as a key support level.
A breakout above the horizontal supply zone and the Ichimoku Cloud barrier could signal further upward momentum. Monitoring these critical levels is essential. $BTC #BTC
# SUI Ascending Channel: SUI is trading within an upward channel, using the old support zones around $4.00 as a strong base for continuation. Bounce from Support: The price is showing signs of recovery, maintaining its bullish structure within the channel.
XLM is rebounding from the support trendline of its falling wedge pattern and is currently testing the resistance trendline.
The Ichimoku Cloud is acting as a significant barrier above the pattern. A decisive breakout from both the wedge and the cloud could trigger a strong bullish rally for Stellar.
Descending Channel: NOT is trading within a descending channel, approaching a critical support level at the bottom of the channel. Potential Reversal Zone: A bounce is expected near the strong support range before a breakout attempt.
#BtcNewHolder PYTH is consolidating within an ascending broadening wedge pattern and is currently trading above the support trendline. A potential bounce could occur if the price breaks above the 100MA, which is acting as a resistance.
However, the Ichimoku Cloud is signaling bearish momentum. A breakdown of the pattern could lead to further downward movement.
#XVAX The Fbonacci 0.786 level at $33.08 acts as a strong support, indicating a potential reversal zone. If this level holds, it could serve as a launchpad for further upward momentum.
TARGET :
$58.06: First major resistance, aligning with a previous local high. $80.03: Long-term target and a critical psychological level. Expected Movement:
#Cardano is approaching a key support level at $0.7620, presenting a strong potential for a bullish reversal. If the price holds this level, a breakout above $1.00 could trigger a rally toward $1.45 and higher.
Support: $0.7620 Resistance: $1.00, $1.45
Watch $0.7620 for long positions. A confirmed breakout above $1.00 signals bullish momentum
#Bitcoin is trading at $98,539.16, showing bullish momentum after rebounding from a strong support zone near the 0.618 Fibonacci retracement level. The price is poised for further gains with clear upward targets.
The price is breaking out of a downward channel, signaling a bullish reversal. The 0.786 Fibonacci retracement level has provided strong support, and the price is now approaching the 0.618 retracement at $197.59. If momentum continues, SOL could test $254.35 as the first target, with the potential to reach $345.76 in the medium term.
Support Zone: $181.75 - $179.66 (strong demand area).
#AVAX is trading at $40.973, with a +12.02% gain, showing bullish potential as it approaches key Fibonacci retracement levels. The price appears to be forming a corrective wave, providing a strong opportunity for a bounce toward higher targets.
Key Levels:
Support Zone: $34.714 Deeper Support Zone: $28.960
#PENGU is currently trading at $0.036235, showing a bullish setup after breaking out of a descending triangle. The price is expected to retrace toward the $0.028392 zone, offering an ideal long entry opportunity.