LQTY has broken out from a descending structure and reclaimed the key support zone around $1.00–$1.10, showing early signs of accumulation and bullish strength. Currently forming a higher low structure, suggesting a potential long-term uptrend is brewing. 🔹 Technical Highlights: ✅ Clean breakout from descending trendline ✅ Retest of breakout zone holding as...
SEI is currently approaching a major descending trendline resistance after reclaiming the key weekly support zone around $0.20–$0.31. Price action is showing strength with a potential reversal setup building. 🔹 Key Technical Levels: 🔽 Support: $0.20–$0.31 (reclaimed zone) 📉 Resistance: Descending trendline from previous highs 🎯 Target 1: $0.5571 🎯 Target 2:...
XRP has exploded out of a multi-month bullish pennant formation on the weekly timeframe, confirming a strong continuation pattern after a period of consolidation. 🔹 Key Technical Insights: ✅ Bullish pennant structure formed after a parabolic run ✅ Strong breakout candle with volume confirmation 🔼 Price now testing $3.60+ area 🎯 Target zone next: $4.80–$5.00,...
Dogecoin is showing significant bullish structure on the weekly timeframe, having broken out of a long-term descending trendline and reclaimed key horizontal support around $0.20–$0.22. 🔹 Key Technical Developments: ✅ Breakout above multi-month trendline resistance ✅ Retest and reclaim of major horizontal support zone 🔼 Price now forming higher highs and...
Solana is at a critical breakout point as price pushes against a long-standing horizontal resistance zone between $175–$180. This zone has been tested multiple times since late 2024, making it a significant level to watch. 🔹 Current Price: ~$179.66 🔹 Resistance Zone: $175–$180 🔹 Next Major Supply Zone: $260–$290 🔹 Trendline Support: Still intact and respected...
Dogecoin has been riding a strong uptrend, maintaining its momentum along a parabolic safety curve, which has been respected multiple times. 📈 Recently, DOGE broke out of a descending channel and is now approaching a resistance zone around $0.225–$0.230. This area previously acted as a supply zone, and price action suggests a short-term rejection could be...
Ethereum has shown a strong bullish push, breaking above the prior consolidation zone between $2,400–$2,600. Price is now approaching a significant weekly supply zone between $3,800–$4,100 — a region that previously acted as a major reversal point. 🔹 Current Price: ~$3,460 🔹 Resistance Zone: $3,800–$4,100 🔹 Support Zone: $2,400–$2,600 📌 Possible...
BTC has officially broken out of the descending parallel channel that dominated price action from mid-May to early July. After a successful breakout, price pulled back for a clean retest of the channel resistance, which has now flipped to support — a classic bullish continuation signal. 🔹 Key Technical Highlights: ✅ Breakout from descending channel structure ✅...
SOL on the 4-hour timeframe is forming a potentially bullish setup, but patience is key as price nears a critical reversal zone. 🧠 Market Context: After a strong move up in late June, SOL faced heavy rejection near $155–$157, which aligns with both a supply zone and a long-term descending trendline (visible across higher timeframes). Since then, we’re seeing a...
The daily chart of SOLUSDT Perpetual Futures (MEXC) is currently showing signs of a potential reversal setup, but confirmation is key before taking a long position. 🔍 Chart Overview: Price action is in a clear downtrend, with lower highs forming consistently, capped by a descending trendline. We’ve recently seen a pullback after a failed breakout near the...
📍 Timeframe: 1D (Binance Exchange) 📈 Current Price: 0.0001268 (+1.93%) Key Technical Insights: Accumulation & Breakout Setup: Price has been consolidating at a low volatility range for several weeks. Potential breakout setup is forming, as indicated by the bullish structure. Support & Resistance Levels: Support: 0.0000950 (Stop-loss region) Current Resistance:...
📍 Timeframe: 1D (Bybit Exchange) 📈 Current Price: $4.550 (+3.43%) Key Technical Insights: Descending Channel Breakout: DOT had been trading in a descending channel since late 2024. A successful breakout from the channel indicates a trend reversal. Strong Support Retest & Bounce: The price found support at the $4.00 region (marked in yellow). Multiple tests of...
📍 Timeframe: 4H (MEXC Exchange) 📈 Current Price: $133.02 (+0.57%) Key Technical Insights: Trending Resistance Breakout Zone: The price is approaching a key downtrend resistance (red trendline). A break and close above this resistance could push SOL towards $148–$150 (gray supply zone). Two Possible Scenarios: Bullish Breakout: A breakout above the resistance...
#BTCUSDT Bitcoin is currently displaying bearish momentum following a parabolic rounding top pattern, leading to a decisive break below the $81,000 support zone. 🔍 Technical Analysis: 📉 Breakdown from Support: BTC failed to hold its key support and is now facing a lower high rejection, confirming further downside. 📈 Potential Retest: Expecting a retest of the...
🛠 Technical Overview 🔸 Asset: Solana (SOL) / USDT Perpetual Futures 🔸 Exchange: MEXC 🔸 Timeframe: 4-Hour Chart 🔸 Pattern: Descending Channel 📊 Analysis & Market Observations Solana (SOL) is currently trading within a clear descending channel, facing strong resistance near $135 - $140 (Mini ChoCH) and $150 - $160 (Major ChoCH). 🚀 Bullish Outlook If SOL breaks...
🛠 Technical Overview 🔸 Asset: Bitcoin (BTC/USDT Perpetual Futures) 🔸 Exchange: Binance 🔸 Timeframe: 30-Minute Chart 🔸 Key Structure: Parabolic Curve Breakdown 📉 Bearish Breakdown & Potential Support Bitcoin has broken below a curved trendline, indicating that the bullish momentum is cooling off. The current price action suggests a pullback to a major liquidity...
Overview: Ethereum is currently testing a significant price zone after breaking out of a long-term symmetrical triangle pattern on the monthly chart. The recent drop has brought ETH to a major support area, which could act as a strong demand zone before a potential reversal. Key Observations: Symmetrical Triangle Breakdown: ETH/USDT formed a symmetrical triangle...
Gold (XAUUSD) has shown clear signs of weakness after multiple failed attempts to break above resistance. The descending trendline acted as a strong dynamic resistance, leading to a sharp sell-off. The projected path suggests further downside movement, with increasing bearish momentum. 📊 Technical Breakdown: ✅ Rejection at Resistance: Price failed to break above...