$ICP Liquidated Long: $89.4K at $14.70. A brutal plunge, wiping out big bets as the market takes a sharp turn
Traders caught in the crossfire face massive losses as $ICP tanks to new lows. $89.4K vanished in an instant, reminding everyone just how volatile crypto can be. $14.70 becomes the new benchmark, but who knows where it goes from here?
Injective $INJ is currently consolidating within a descending channel pattern and testing resistance levels.
Price action is finding solid support from the Ichimoku Cloud formation, suggesting a potential bullish setup.
A decisive breakout above resistance could ignite a powerful rally, potentially propelling $INJ towards key targets at $22.50, $25.00, $27.00, and $30.00.
If momentum holds, $INJ could see significant gains in the near future.
$PHB is trading within a descending channel on the daily chart
If a bounce from the midline holds strong, we could see an exciting upward move
Potential targets on the horizon include $1.55, $2.00, $2.25, and a breakout toward $3.10. Keep an eye on this one for some thrilling price action ahead
$ZRX has been consolidating within a parallel channel pattern for an extended period, creating a unique opportunity for patient investors
The support level at $0.279 could present an ideal entry point, as it holds the potential for a strong bullish reversal
A breakout above the midline and the 100-day moving average would likely signal an upward momentum shift
Key targets to watch in this scenario are $0.39, $0.41, $0.47, and $0.55, with each level representing a potential milestone in a sustained upward move
Stay alert for any signs of a trend reversal that could ignite a powerful rally
$BICO has broken out of a falling wedge and is now retesting on the daily timeframe
This crucial retest could set the stage for a significant midterm bullish rally, with potential gains of 150-160%. This may be the moment for traders to keep a close eye on $BICO as it inches towards a breakout confirmation that could spark impressive upward momentum