Price is currently trading within a significant downtrend channel on the daily timeframe. As of now, there are no indications of strength. A candle closing below $300 would be considered bearish and likely trigger more selling pressure. Try to grab some around the support area. Support Area $280-$290
The price has broken below a major support area and is currently trading below it. We might see a retest of this area. If the price cannot break above this level, then we could expect a continuation of the downtrend towards the lower support area. It's advisable to wait for some time before considering new entries. Support Area: $9.80-$10.40
GALA currently trades at the support area, presenting an opportunity to accumulate with a tight stop loss. There might be some accumulation before the next move. Support Area: $0.0337-$0.0364 Resistance Area: $0.050-$0.0525
SOL moved toward the local resistance area but was rejected from there. The price is now moving towards the support trendline. You can consider opening a small long position at the support area with a tight stop loss. Support Area: $145-$147
Price has rebounded from the support area, indicating a potential upward movement. Consider opening a long position near the support area with a tight stop loss. Support Area: $5.80-$6.15 Resistance Area: $8.00-$8.50
GALA tested the support area, and the price bounced from there. If you have opened a long position, increase your stop loss and hold the position. We may see a bounce towards the resistance area. Resistance Area: $0.0337-$0.0364
The price formed a symmetrical pattern on lower time frames and respected the support trendline. The local resistance area is marked on the chart. We may see a move towards the resistance area. A break of this triangle will determine the next move. Local Resistance Area: $160-$165
Price has reached the major support area. There might be some accumulation around the support area before the next move. You can place buy orders in this zone with a tight stop loss. Support Area: $0.837-$0.893
Price has now reached a major resistance area. A bounce may occur, so consider opening a small long position with a tight stop loss. Support Area: $0.063-$0.0662 Resistance Area: $0.0718-$0.0732
SEI gave a fakeout above the triangle and instantly dropped from there. The good news is that the price was able to hold the support trendline. The triangle is now approaching the decision point, so let's see which side this pattern breaks. You can open a long position at the support with a tight stop loss. Resistance Area: $0.54-$0.546
MTL is holding the support area, and the price attempts to bounce from there. If you have opened long positions, increase your stop loss and hold. The support area remains the same. Resistance Area: $1.53-$1.60
FRONT was dumped after 6 June as predicted. Hopefully, you booked profit from the trade. It's advised not to enter into FRONT for trading purposes now.
Price is currently trading in a narrow range and approaching the support area. Consider opening a long position at the support zone. Expect some sideways movement before the next significant move. Support area: $0.0337-$0.0364 Resistance Area: $0.050-$0.0525
ADA has dropped to the support area and collected liquidity. We might see a test of the support area and some accumulation. It's a good time to consider buying ADA around this support area. Support Area: $0.42-$0.433 Resistance Area: $0.51-$0.52
The price broke the rising wedge pattern in a downward direction and continued its downward movement. The price dropped significantly today due to the overall market decline, but it is now holding the support area. You can consider opening a small long position here with a tight stop loss, as we may see a bounce from this level. Support Area: $1.28-$1.35
SEI is currently testing the triangle resistance line. Let's see if the price can break the triangle. If you have opened long positions at the support area, then increase your stop loss and hold the position. A break above the triangle resistance line will send the price towards the next major resistance area. Resistance Area: $0.54-$0.546
Price has broken above the resistance area, signalling a potential continuation of the upward movement. Consider opening a long position upon retesting. Support Area: $2.38-$2.45
SHIB had a quick dip below the support line to trigger stop losses. The price is now showing a strong upward movement. We'll have to wait and see if the price can break through the resistance area. The next move will be decided by a break of the triangle pattern. Resistance Area: 0,00002810 - 0,00002880
SUI broke out of the small falling wedge pattern, indicating a bullish signal. Consider opening a long position on a retest of the support area, as we anticipate a move towards the next resistance area in the coming days. Support Area: $1.05-$1.08 Resistance Area: $1.37-$1.43
Price is currently trading within a triangle pattern, and we are approaching a crucial decision point. The breakout of this triangle pattern will determine the next market movement. A breakout in the upward direction will likely push the price towards the next resistance area. Consider opening a small long position at the support area with a tight stop loss.