Current Price: 0.00003125 (+3.20%) Timeframe: 30m chart
Analysis Overview
$BONK /USDT shows a recovery trend from its recent dip to 0.00002943, gaining momentum to push above 0.00003100. The asset is trading within a short-term range, with resistance at 0.00003250 and support near 0.00003000. The bullish sentiment is strengthening but requires confirmation of volume and price action.
Targets
1. Support Level (Target 1): 0.00003000
Key support zone; failure to hold this level could lead to testing lower levels near 0.00002950.
2. Immediate Resistance (Target 2): 0.00003250
Breaking this level may signal further upside, confirming the continuation of the bullish trend.
3. Bullish Target (Target 3): 0.00003300
Sustained momentum and volume above 0.00003250 can push the price toward 0.00003300, marking a new short-term high.
Risk Management
Stop-Loss Suggestion: 0.00002980
Place a stop-loss below the 0.00003000 support to limit downside risks.
Key Indicator Alert: Monitor for increasing trading volume and RSI crossing 50 for a bullish confirmation.
Trading Insights
Short-Term Strategy: Enter near 0.00003000 support with targets at 0.00003250 and 0.00003300. Secure partial profits at the first target and adjust the stop-loss to entry for risk-free trades.
Long-Term Strategy: Accumulate only if BONK/USDT sustains above 0.00003250 with consistent volume, targeting further price appreciation.
Advice:
Observe price action near 0.00003250 for confirmation of a breakout. Stay cautious about over-leveraging in volatile market conditions.
Current Price: 0.03490 (-1.27%) Timeframe: 30m chart
Analysis Overview
$GALA /USDT is showing signs of recovery after testing its intraday lows near 0.03370. The price is attempting to form a base for a potential bounce, with a key resistance at the 0.03600 level. The short-term trend remains neutral, with a slight bearish bias due to declining volume.
Targets
1. Support Level (Target 1): 0.03350
This is a critical support zone. A break below could lead to further downside toward 0.03280.
2. Immediate Resistance (Target 2): 0.03550
A successful move above this level could signal a short-term reversal, targeting higher resistance zones.
3. Bullish Target (Target 3): 0.03650
A breakout beyond 0.03600 resistance will likely lead to a test of the 0.03650 level, confirming bullish momentum.
Risk Management
Stop-Loss Suggestion: 0.03320
Place a stop-loss below the 0.03350 support to protect against unexpected downside.
Key Indicator Alert: Monitor for increasing volume above 0.03500 for confirmation of a breakout.
Trading Insights
Short-Term Strategy: Enter near 0.03350 support with targets of 0.03550 and 0.03650. Secure partial profits at the first target and trail stop-loss for the second target.
Long-Term Strategy: Hold positions only if the price sustains above 0.03650, as it may indicate a broader bullish trend.
Advice:
Keep an eye on the 0.03600 resistance for a decisive breakout. Avoid over-leveraging and maintain strict risk management practices.
Current Price: 0.00016727 (-0.81%) Timeframe: 30m chart
Analysis Overview
$FLOKI /USDT is showing a consolidation pattern around its current levels, with minor bullish attempts but facing strong resistance near the 0.00017300 zone. The volume remains steady, indicating cautious market sentiment. The immediate price action suggests potential short-term moves.
Targets
1. Support Level (Target 1): 0.00016400
This key support zone needs to hold to prevent a further drop toward 0.00016000. A break below could trigger a bearish trend.
2. Immediate Resistance (Target 2): 0.00017000
A close above this resistance will indicate renewed buying interest, opening the path for a higher move.
3. Bullish Target (Target 3): 0.00017500
A breakout above 0.00017300 resistance will lead to testing the 0.00017500 psychological level, with potential for bullish continuation.
Risk Management
Stop-Loss Suggestion: 0.00016200
Place a stop-loss below the 0.00016400 support to limit downside risk in case of market volatility.
Key Indicator Alert: Watch for increased buying volume near 0.00017000 for confirmation of a bullish breakout.
Trading Insights
Short-Term Strategy: Buy near 0.00016400 support with targets of 0.00017000 and 0.00017500. Adjust stop-loss to breakeven once the first target is hit.
Long-Term Strategy: Monitor the breakout above 0.00017500 to hold for potential higher highs in the trend.
Advice:
Remain cautious of potential fakeouts near resistance levels and ensure strict risk management. Look for a strong move accompanied by volume to confirm directional bias.
Current Price: $3,455.38 (-2.86%) Timeframe: 30m chart
Analysis Overview
WBETH/USDT shows a significant retracement from its daily high of $3,598.75, with buyers stepping in near the daily low of $3,399.44. The market displays mixed signals with potential for both recovery and further downside. The next moves will largely depend on the ability to hold key support levels and break immediate resistances.
Targets
1. Support Level (Target 1): $3,400.00
A crucial support zone where buyers have previously entered. A breakdown below this level may push the price toward $3,350.00.
2. Immediate Resistance (Target 2): $3,500.00
WBETH needs to reclaim and sustain above this resistance to confirm any bullish reversal.
3. Bullish Target (Target 3): $3,600.00
A break above $3,500.00 opens the door for WBETH to test its recent high of $3,598.75 and push toward $3,600.00, signaling renewed bullish momentum.
Risk Management
Stop-Loss Suggestion: $3,375.00
Place a stop-loss below the key support of $3,400.00 to protect against extended losses.
Key Indicator Alert: Look for increased volume at $3,500.00 as a confirmation of bullish strength.
Trading Insights
Short-Term Strategy: Accumulate near $3,400.00 support with a target of $3,500.00 and $3,600.00. Consider trailing stop-loss to breakeven after the first target.
Long-Term Strategy: Monitor for a breakout above $3,600.00 to hold for extended upside momentum.
Advice:
Stay cautious with market volatility and manage risk effectively. Watch the $3,400.00 support and $3,500.00 resistance levels closely for directional confirmation.
Current Price: $0.26478 (+3.30%) Timeframe: 30m chart
Analysis Overview
$HBAR /USDT is showing a rebound from its daily low of $0.24379 and is attempting to push higher after testing key support zones. With an increase in volume and strong bullish candles, the price could attempt to challenge higher resistance levels.
Targets
1. Support Level (Target 1): $0.25500
If HBAR retraces, $0.25500 acts as the first major support zone. A failure to hold here could drive the price lower toward $0.24500.
2. Immediate Resistance (Target 2): $0.27300
A move above $0.27300 could validate further bullish momentum, targeting higher levels in the short term.
3. Bullish Target (Target 3): $0.28500
If bullish momentum persists and $0.27300 is breached, HBAR could aim for $0.28500 as its next critical resistance.
Risk Management
Stop-Loss Suggestion: $0.25000
Place a stop-loss below $0.25500 to minimize losses if the price breaks down.
Key Indicator Alert: Watch for increased volume at $0.27300 for a confirmation of bullish momentum.
Trading Insights
Short-Term Strategy: Look for long entries near $0.26000 with targets at $0.27300 and $0.28500. Secure partial profits at the first target and trail stop-loss to breakeven.
Long-Term Strategy: Monitor for a breakout above $0.27300 and accumulate positions for a move toward $0.28500.
Advice:
Observe market conditions closely, especially near key levels like $0.27300. Employ proper risk management as HBAR continues to display short-term volatility.
Current Price: $36.33 (+0.50%) Timeframe: 30m chart
Analysis Overview
$AVAX /USDT is currently rebounding from a daily low of $35.52 after facing resistance at $38.50. The market is exhibiting a bearish bias as AVAX continues to trade below key resistance levels. A breakout above or below the immediate support/resistance zones will dictate the next move.
Targets
1. Immediate Support (Target 1): $35.50
This level acts as a strong support zone. If the price fails to hold above this level, it could lead to a further downside, targeting $34.50.
2. Key Resistance (Target 2): $37.50
A recovery above $37.50 could signal renewed bullish momentum, with buyers aiming for higher levels.
3. Bullish Target (Target 3): $38.50
If the price breaks above $37.50 and sustains, $38.50 will act as the next critical resistance to monitor.
Risk Management
Stop-Loss Suggestion: $35.30
Place a stop-loss below the support level at $35.50 to minimize downside risk.
Support Breach Alert: A drop below $35.50 may indicate continued bearish pressure toward $34.50.
Trading Insights
Short-Term Strategy: Look for buy entries near $36.00, targeting $37.50. Secure partial profits if the price reaches $37.50, and trail stop-loss to breakeven.
Long-Term Strategy: Accumulate on confirmed breakout above $37.50 and hold for a potential rally to $38.50.
Advice:
Watch for volume surges and candlestick confirmations to validate breakouts. Employ appropriate risk management in the event of high market volatility.
Current Price: $0.03675 (+0.66%) Timeframe: 30m chart
Analysis Overview
$1000CAT /USDT is currently showing a range-bound movement, consolidating between $0.03600 and $0.03750. Bulls are attempting to sustain the price above $0.03650, while bears are defending resistance at $0.03750. A breakout from this range could define the next directional move.
Targets
1. Immediate Support (Target 1): $0.03600
If the price retraces further, $0.03600 is the nearest support level to watch. A breach below this could lead to a test of $0.03450.
2. First Resistance Zone (Target 2): $0.03750
A breakout above this resistance level could signal bullish momentum, targeting higher levels.
3. Bullish Target (Target 3): $0.03900
If bulls successfully push the price above $0.03750, $0.03900 is the next key level to monitor.
Risk Management
Stop-Loss Suggestion: $0.03550
Place a stop-loss just below the support at $0.03600 to minimize downside risk.
Support Breach Alert: A break below $0.03600 could lead to further bearish movement toward $0.03450.
Trading Insights
Short-Term Strategy: Enter near $0.03650, targeting $0.03750. Secure partial profits if the price approaches $0.03750 and adjust stop-loss to breakeven.
Long-Term Strategy: Monitor a breakout above $0.03750. Accumulate positions for a potential rally to $0.03900.
Advice:
Wait for confirmation of breakout levels before entering large positions. Use appropriate risk management to navigate potential volatility.
Current Price: $0.8152 (-16.95%) Timeframe: 30m chart
Analysis Overview
$MOVE /USDT is experiencing significant bearish pressure, breaking below multiple support levels. However, the price is stabilizing around $0.8000, which could act as a strong psychological support level. A rebound from this zone is possible, but traders should watch for volume confirmation and market sentiment.
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Targets
1. Immediate Support (Target 1): $0.8000
This is the critical support level. A breakdown below could trigger further downside toward $0.7500.
2. First Resistance Zone (Target 2): $0.8600
This level is the first key resistance zone. The price needs to reclaim this level to signal a potential reversal.
3. Bullish Target (Target 3): $0.9000
If the price moves above $0.8600 with strong volume, it could aim for $0.9000, marking a 10% recovery from current levels.
Risk Management
Stop-Loss Suggestion: $0.7900
Place stop-loss slightly below the $0.8000 support to protect against downside risk.
Support Breach Alert: If $0.8000 is lost, anticipate a further drop toward $0.7500.
Trading Insights
Short-Term Strategy: Look for a potential bounce at $0.8000. Entry near this support, targeting $0.8600. Secure partial profits if the price approaches $0.8600 and adjust stop-loss to breakeven.
Long-Term Strategy: Monitor the $0.8600 resistance breakout. Accumulate above this level targeting $0.9000 for extended gains.
Advice:
Monitor market sentiment closely. Confirm volume before entering positions. Adjust targets based on overall momentum and trend strength.
Current Price: $21.76 (-3.16%) Timeframe: 30m chart
Analysis Overview
The $LINK /USDT pair is showing signs of recovery after a dip to the $21.30 support zone. Current price action suggests consolidation with the potential for an upward breakout if momentum builds. However, a failure to hold key levels may lead to further downside.
Targets
1. Immediate Support (Target 1): $21.30
This level represents the recent low and a critical support zone. A breakdown below could result in further declines toward $20.80.
2. First Resistance Zone (Target 2): $22.40
The price needs to break above this resistance to confirm bullish momentum. This level aligns with previous highs and may attract selling pressure.
3. Extended Bullish Target (Target 3): $23.00
If LINK/USDT breaks through $22.40 with strong volume, it could target the psychological resistance at $23.00, marking a new local high.
Risk Management
Stop-Loss Suggestion: $21.20
Protect downside risk by placing stop-loss slightly below immediate support.
Support Breach Alert: A breakdown below $21.30 could lead to a bearish trend with a potential target of $20.80.
Trading Insights
Short-Term Strategy: Buy near $21.30 support, targeting $22.40. Secure partial profits and adjust stop-loss to breakeven upon reaching the first target.
Long-Term Strategy: Accumulate positions above $22.40 with an extended target of $23.00 while trailing stop-losses to protect gains.
Advice:
Monitor volume and market sentiment closely. Secure incremental profits as the price approaches resistance levels and remain cautious of trend reversals.
Current Price: $0.7289 (+17.17%) Timeframe: 30m chart
Analysis Overview
$PNUT /USDT has shown a strong bullish breakout, rallying significantly over the last few sessions. However, the chart now indicates potential consolidation or retracement as it tests resistance levels. The overall trend remains bullish, but caution is warranted for short-term traders.
Targets
1. Immediate Support (Target 1): $0.7200
This is a key psychological level that could act as immediate support. A break below this may lead to further downside.
2. First Resistance Zone (Target 2): $0.7500
A continuation of the upward trend could push prices toward the $0.7500 resistance zone. Watch for increased volume at this level.
3. Extended Bullish Target (Target 3): $0.8000
If the bullish momentum sustains, the price could test the $0.8000 mark, signaling a new rally phase.
Risk Management
Stop-Loss Suggestion: $0.7100
Place a stop-loss below this level to manage risks if bearish momentum intensifies.
Support Breach Alert: A breakdown below $0.7200 could lead to a correction toward $0.6800 or lower.
Trading Insights
Short-Term Strategy: Buy near $0.7200 support with a target of $0.7500. Secure profits incrementally as the price approaches resistance levels.
Long-Term Strategy: Accumulate positions on a breakout above $0.7500 with a target of $0.8000, ensuring tight trailing stop-losses.
Advice:
Monitor market sentiment and volume closely. Secure partial profits at $0.7500 and adjust stop-losses to breakeven. Stay vigilant for any signs of trend reversal.
Current Price: $0.00098085 (+1.35%) Timeframe: 30m chart
Analysis Overview
$NEIRO /USDT is showing a consolidation pattern after a sharp drop. Current market action is hovering near a key support level. Momentum indicators suggest a potential rebound, but bearish pressure remains dominant.
Targets
1. Immediate Support (Target 1): $0.00096000
If selling pressure persists, the price may test the $0.00096000 support zone. A break below this could trigger a deeper correction.
2. First Resistance Zone (Target 2): $0.00102000
A bounce from the current levels could push the price toward the $0.00102000 resistance. Watch for increased trading volumes to confirm strength.
A sustained breakout above $0.00102000 could lead to a rally toward $0.00106000, marking a significant recovery point.
Risk Management
Stop-Loss Suggestion: $0.00095000
Place a stop-loss below $0.00095000 to limit potential losses if bearish momentum continues.
Support Breach Alert: A breakdown below $0.00096000 could lead to a decline toward $0.00092000 or lower.
Trading Insights
Short-Term Strategy: Buy near $0.00096000 with a target of $0.00102000, ensuring a tight stop-loss at $0.00095000.
Long-Term Strategy: Accumulate positions on a breakout above $0.00102000, targeting $0.00106000 while trailing stop-losses to lock in gains.
Advice:
Monitor volume and market sentiment closely. Secure partial profits near $0.00102000 and adjust stop-losses to breakeven. Stay vigilant for any break below the $0.00096000 level.
Current Price: $643.99 (-3.09%) Timeframe: 30m chart
Analysis Overview
$BNB /USDT has experienced a significant dip, breaking below the $650 psychological support level. With increased selling pressure, the next support and resistance levels become crucial for upcoming price action.
Targets
1. Immediate Support (Target 1): $639.00
The $639 level marks the most immediate support zone. A breakdown below this could lead to accelerated selling toward lower levels.
2. First Resistance Zone (Target 2): $656.00
If the price bounces from $639, $656 serves as the initial resistance. A break above could signal a recovery.
3. Extended Bullish Target (Target 3): $669.00
Sustained buying momentum and a breakout above $656 could push BNB toward $669, a critical resistance level.
Risk Management
Stop-Loss Suggestion: $636.00
Placing a stop-loss below $636 can help manage risk if bearish momentum intensifies.
Support Breach Alert: A breakdown below $639 could open the doors for further declines toward $620.
Trading Insights
Short-Term Strategy: Look for a buy opportunity near $639 with a stop-loss at $636 and a target of $656.
Long-Term Strategy: If $656 breaks, aim for $669 while securing partial profits along the way.
Advice:
Secure partial profits at $656 and adjust your stop-loss to breakeven. Watch for market trends and trade volume to assess the strength of any breakout or breakdown.
Current Price: $1.233 (-3.22%) Timeframe: 30m chart
Analysis Overview
$FET /USDT has experienced a pullback after testing the resistance zone near $1.30. Bears are putting pressure on the price, and it is currently testing a key support level. A bounce from here could signal a recovery, while a breakdown may lead to further downside.
Targets
1. Immediate Support (Target 1): $1.215
This level is critical to holding the bullish structure. A breakdown here could trigger a drop toward the next support.
2. Resistance Zone (Target 2): $1.260
If the price rebounds from $1.215, $1.260 will serve as the immediate resistance. A break above this level could signal the start of a short-term uptrend.
3. Extended Bullish Target (Target 3): $1.300
A successful breakout above $1.260 could propel the price toward $1.300, a major psychological and technical resistance.
Risk Management
Stop-Loss Suggestion: $1.200
Placing a stop-loss below $1.200 can help mitigate risks if bearish momentum intensifies.
Support Breach Alert: If $1.215 is broken, watch for a retest of $1.190.
Trading Insights
Short-Term Strategy: Consider entering near $1.215 with a stop-loss at $1.200 and a target of $1.260.
Long-Term Strategy: Breakout traders may aim for $1.300 if the price clears $1.260 convincingly.
Advice:
Secure partial profits at $1.260 and adjust your stop-loss to breakeven. Monitor trading volumes to assess the strength of any breakout above resistance levels.
Current Price: $0.9485 (-3.93%) Timeframe: 30m chart
Analysis Overview
$FTM /USDT has seen significant selling pressure recently, breaking below key psychological support levels. Bears are currently in control, with the price approaching critical support zones that could offer a bounce-back opportunity for bulls.
Targets
1. Immediate Support (Target 1): $0.9300
If this level holds, we could see a short-term reversal as buyers defend this critical support area.
2. Recovery Resistance (Target 2): $0.9700
This level serves as a crucial resistance point. Breaking above it could indicate a return of bullish momentum.
3. Extended Bullish Target (Target 3): $1.000
Achieving this level would signify a strong recovery and the potential start of a bullish trend.
Risk Management
Support Zone: $0.9300
A breach below this level might lead to further downside towards $0.9000.
Stop-Loss Suggestion: $0.9200
To protect against unexpected downside movements if bearish momentum persists.
Trading Insights
Short-Term Strategy: Look for a potential entry near $0.9300 with a stop-loss at $0.9200 and a target of $0.9700.
Long-Term Strategy: If $0.9700 is breached, consider extending the target to $1.000 for a more significant profit.
Advice:
Secure partial profits near $0.9700, and adjust your stop-loss to breakeven to lock in gains. Monitor the price action closely for signs of continued bearish pressure below $0.9300.
Current Price: $6.729 (-4.23%) Timeframe: 30m chart
Analysis Overview
$DOT /USDT is experiencing a strong downward pressure, breaking critical intraday levels. The price is nearing its immediate support zone, which could provide a potential reversal opportunity if buyers step in. However, sustained bearish momentum could lead to further downside.
Targets
1. Immediate Support (Target 1): $6.680
This level acts as the nearest support. A breakdown could indicate further bearish continuation.
2. Mid-Term Resistance (Target 2): $6.900
Recovery above this level would indicate short-term bullish sentiment and stabilization.
3. Extended Bullish Target (Target 3): $7.150
A breach above this level could trigger a stronger bullish reversal.
Risk Management
Support Zone: $6.680
A failure to hold this support might lead to a drop toward $6.500.
Stop-Loss Suggestion: $6.640
To limit downside risk if bearish momentum intensifies.
Trading Insights
Short-Term Opportunity: Look for potential long entries near $6.680 with a target of $6.900, provided the support holds.
Long-Term Opportunity: A recovery above $6.900 could pave the way for $7.150, aligning with key resistance levels.
Advice:
Secure partial profits near $6.900 and adjust your stop-loss to breakeven to protect gains. Stay cautious of strong bearish continuation below $6.680.
Current Price: $0.025476 (-13.36%) Timeframe: 30m chart
Analysis Overview
$PENGU /USDT is showing strong bearish momentum, with the price currently near its intraday low. The downtrend indicates a critical testing of support levels. Traders need to watch for potential reversal signals or continuation of the bearish trend.
Targets
1. Immediate Support (Target 1): $0.02500
A psychological support level; a breakdown could intensify selling pressure.
2. Mid-Term Resistance (Target 2): $0.02700
Recovery to this level would indicate short-term strength for a potential reversal.
3. Extended Bullish Target (Target 3): $0.02850
If bullish sentiment resumes, this level represents a key resistance for a breakout.
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Risk Management
Support Zone: $0.02500
A breach below this level might lead to further declines toward $0.02400.
Stop-Loss Suggestion: $0.02490
To protect against continued downside in case of a breakdown.
Trading Insights
Short-Term Opportunity: Look for buying opportunities near $0.02500 with a target of $0.02700, provided support holds.
Long-Term Opportunity: Sustained recovery above $0.02700 could pave the way for testing $0.02850.
Advice:
Secure partial profits at $0.02700 if the price reverses and trails stop-loss to breakeven. Stay vigilant for a break below $0.02500.
Current Price: $1.0365 (-2.68%) Timeframe: 30m chart
Analysis Overview
$ENA /USDT is experiencing a downward retracement after testing resistance levels near $1.1106. The current price movement suggests potential consolidation before the next breakout or breakdown. Traders should monitor the price levels closely as it approaches key support and resistance zones.
Targets
1. Immediate Support (Target 1): $1.0000
Psychological level; breaking below this could lead to more bearish momentum.
2. Mid-Term Resistance (Target 2): $1.0800
A breakout above this level can indicate a reversal towards bullish trends.
3. Extended Bullish Target (Target 3): $1.1200
Represents the previous resistance zone; closing above this would confirm bullish continuation.
Risk Management
Support Zone: $1.0000
A sustained break below this level may trigger a drop to $0.9800.
Stop-Loss Suggestion: $0.9900
To limit downside risks if bearish momentum intensifies.
Trading Insights
Short-Term Opportunity: Look for buying opportunities if the price holds above $1.0000, targeting $1.0800.
Long-Term Opportunity: Sustained price action above $1.0800 could signal a bullish trend continuation toward $1.1200.
Advice:
Secure partial profits near $1.0800 and trail stop-loss to breakeven. Remain cautious of significant movements around $1.0000.
Current Price: $0.7704 (-4.55%) Timeframe: 30m chart
Analysis Overview
$COW /USDT is showing consistent bearish movement, with significant selling pressure near resistance levels. The price is currently approaching a critical support zone, indicating potential for a bounce or further breakdown based on market sentiment.
Targets
1. Immediate Support (Target 1): $0.7600
This is a key support level that could halt the downtrend if sustained buying pressure emerges.
2. Mid-Term Resistance (Target 2): $0.8000
A strong resistance level; breaking above this could signal recovery and bullish momentum.
3. Extended Bullish Target (Target 3): $0.8400
Represents the next significant resistance level; a close above this could indicate further upward movement.
Risk Management
Support Zone: $0.7600
A breakdown below this level could result in extended losses toward $0.7400.
Stop-Loss Suggestion: $0.7500
To limit downside risks in case of further bearish continuation.
Trading Insights
Short-Term Opportunity: Monitor price action near $0.7600 for potential scalping opportunities toward $0.8000.
Long-Term Opportunity: Sustained movement above $0.8000 could open the path to $0.8400.
Advice:
Secure partial profits at $0.8000 and adjust stop-loss to breakeven for risk-free trading. Stay cautious of further breakdowns below $0.7600.
Current Price: $94,560.02 (-3.13%) Timeframe: 30m chart
Analysis Overview
Bitcoin ($BTC /USDT) is experiencing bearish pressure, breaking below critical short-term supports. This movement indicates caution for traders as the price approaches key demand zones. A recovery or further decline will depend on how the market reacts to upcoming support levels.
Targets
1. Immediate Support (Target 1): $94,000.00
A key short-term support level. A rebound from here may indicate recovery.
2. Mid-Term Resistance (Target 2): $96,000.00
This level is critical for the bulls to regain momentum. Breaking this would signal a reversal.
3. Extended Bullish Target (Target 3): $98,000.00
A psychological resistance level. Sustained movement above this could lead to bullish continuation.
Risk Management
Support Zone: $94,000.00
Breaking below this level could lead to further declines, targeting $92,000.
Stop-Loss Suggestion: $93,500.00
A stop-loss below $94,000 to limit downside risk.
Trading Insights
Short-Term Opportunity: Look for a potential bounce near $94,000 with a target of $96,000.
Long-Term Opportunity: Sustained movement above $96,000 opens the path toward $98,000.
Advice:
Secure partial profits at $96,000 and adjust your stop-loss to $94,500 to protect gains. Monitor the price action closely for any bearish continuation.