Rationale: 1. Increased liquidity expected around the $92,000 level. 2. Trend analysis supports a bearish movement in the short term. 3. Strong resistance identified at the $98,000 level.
📉 Stop Loss: $98,300 💡 Ensure risk management strategies are in place!
BTC Analysis. Future trade. BTC is on the resistance level. If breaks 98600 it will go to 104000. trade Setup. position long 🟢 Entry 98600 Take profit 101900
1. Retest of Support: The price successfully retested and is holding the breakout level at $1.60. 2. EMA Support: The 25 EMA aligns with the current support zone, adding confluence.
SUI has successfully broken out of a descending trendline, indicating bullish momentum. Here's the key update:
Swing Trade Setup:
Entry: $3.48 (Current market price or after a retest near the trendline around $3.45).
Stop Loss (SL): $3.30 (Just below the support level).
Target 1: $3.60 Target 2: $3.75 Target 3: $4.00
- The breakout is promising, but confirmation is necessary with increased volume. - A successful retest of the trendline or support zone will strengthen the bullish case. - If the price falls below $3.30, the bullish setup could be invalidated.