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Phemex Analysis #67: Is It Time to Buy Ethereum (ETH) Now?!Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced significant price volatility recently. After reaching a high of $4,112, ETH's value declined to $1,752, reflecting a broader market downturn. This sharp correction has led many investors to question whether now is an opportune moment to "buy the dip." To navigate this uncertainty, it's essential to consider various scenarios that could influence Ethereum's price trajectory.​ Scenario 1: Continued Downtrend The recent breach of key support levels, coupled with the Relative Strength Index (RSI) entering oversold territory, suggests that bearish momentum may persist. If Ethereum fails to maintain support at $1,752, it could test lower levels, potentially around $1,500, $1,368, or even $1,150. External factors, such as macroeconomic pressures and reduced investor confidence, could exacerbate this decline.​ Pro Tips: Short Positions: Experienced traders might consider short-selling strategies to capitalize on further declines, ensuring they have a clear exit plan.​ Buying at Support Levels: Long-term holders may consider accumulating gradually near these support levels.​ Scenario 2: Consolidation Phase Ethereum may enter a consolidation phase, trading within a defined range as the market seeks direction. This period of sideways movement could last until new catalysts emerge to drive the price either upward or downward.​ Pro Tips: Range Trading: Identify key support levels ($1,753, $1,500, $1,368) and resistance levels ($2,317, $2,856, $3,436) to execute buy and sell orders effectively within the trading range.​ Patience: Avoid overtrading during consolidation; wait for clear signals before making significant moves.​ Scenario 3: Bullish Reversal Despite recent declines, Ethereum's strong fundamentals and ongoing network developments could lead to a bullish reversal. If ETH manages to reclaim and sustain levels above $2,000, it may signal renewed investor confidence and the potential for an upward trend.​ Pro Tips: Accumulate Gradually: Consider dollar-cost averaging to build a position without exposing yourself to immediate market volatility.​ Stay Informed: Keep abreast of technological upgrades and institutional adoption that could positively impact Ethereum's value.​ Conclusion Deciding to invest in Ethereum during its current price dip requires careful consideration of various market scenarios. By employing strategic approaches tailored to each potential outcome, traders can better navigate the complexities of the cryptocurrency market. As always, thorough research and prudent risk management are essential when making investment decisions. Tips: 🔥 Break free from "buy low, sell high"! Our new Pilot Contract empowers you to profit from ANY market direction on DEX coins with up to 3x leverage. Go long, go short, go further! Check out Phemex - Pilot Contract today! Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
1
ETHEREUM copying Bitcoin's 2018-2021 Cycle and targets $8000!Ethereum / ETHUSD is under heavy pressure since the early December (2024) High and this week almost touched the 12 month Falling Support. Even though that's devastating news for short term traders, long term holders may remain bullish just by looking at Bitcoin's 2018-2021 Cycle, which ETH has been repeating very closely. A rebound on the Falling Support caused a massive breakout above the Falling Resistance and BTC rallied to the 1.618 Fibonacci extension. In our opinion we can target at least $8000 on this Cycle. Follow us, like the idea and leave a comment below!!
INDEX:ETHUSDLong
by TheCryptagon
5
BTCUSD: Last 1W MA50 rebound to the top of the CycleBitcoin remains bearish on its 1D technical outlook (RSI = 40.004, MACD = -3484.800, ADX = 36.461) but today we see the first recovery attempt. The technical reasoning behind it is that the market is testing its 1W MA50 and in due time it will price the new HL of the Bull Cycle and form the bottom that will hold for the rest of the year until the cycle's very top. This is no different than the last two Cycles, the 1W RSI is even rebounding on its S1 level. Based on that pattern we are looking at a potential Cycle peak between 150k - 200k. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
1
TradeCityPro | Bitcoin Daily Analysis #31Welcome to TradeCity Pro! Let's move on to Bitcoin analysis and important crypto indicators. In this analysis, as usual, I want to review the triggers of the New York Futures Session for you. 1-hour time frame In the 1-hour time frame, after the price reached 77598, the fall ended and we witnessed an upward correction to the 83281 area. The 83281 area has become a very important resistance and the price is reacting well to it. A reverse head & shoulder pattern is visible on the chart that has not yet been activated, and with the failure of the 77598 area, we will confirm the activation of this pattern. If 77598 is broken, the price can move at least to the 83281 area. The next resistances are also within reach of the price, and if strong momentum enters the market, the price can register higher targets. The buying volume in the market is much less than the selling volume, and the sellers' power is still greater than the buyers'. However, if the 83281 area is broken, this volume can be more in favor of the buyers and the price can move up. For a short position, if the price rejects the 83281 area or if the failure of this resistance is faked, you can enter a short position with the trigger 81466 to the target 77598. I have no more talk about Bitcoin, let's move on to the analysis of the indicators so that we can also check the conditions of the altcoins. BTC.D Analysis Let's move on to the analysis of Bitcoin Dominance, Dominance has finally stabilized above the 61.61 area and reached the 62.19 area. If this area is broken, Dominance can start its new upward leg. If Dominance rejects this important ceiling, Dominance's downward leg can continue to 61.61. Dominance's main support is currently 61.08. Total2 Analysis Let's move on to Total2 analysis, as you can see, this indicator is at a lower level and has not yet reached the ceiling in the 1.04 area and has recorded its new resistance in the 1.01 area. The reason for this is Bitcoin's dominance, which has become bullish and more money has entered Bitcoin than altcoins. However, if Dominance breaks 1.01, you can enter a position if Dominance falls. For short, the first trigger is 984 and the main trigger is 953. USDT.D Analysis Let's move on to the Tether Dominance analysis, as you can see, Dominance has broken the trend line it had and is now ready to fall. If it breaks 5.30, you can get confirmation of Tether's Dominance falling. To confirm Dominance's bullishness, we can get confirmation if it breaks 5.49, which means the market can fall and if these triggers overlap with the Total2 trigger, you can find an altcoin and open a position. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
5
BTC/USDT Price Analysis: Reversal or More Downside?: 📊 BTC/USDT 2-Hour Chart Analysis 🔻 Current Trend: BTC is in a downtrend 📉, trading below the 30 EMA (🔴 84,270 USDT) and 200 EMA (🔵 88,644 USDT). The price is currently 82,406 USDT and approaching a key support zone (🟣 ~80,000 USDT). Support & Resistance Levels 🟣 Support Zone (~80,000 USDT) – Possible bounce area ⬆️ 🟣 Mid-Resistance (~86,000–88,000 USDT) – First hurdle 🚧 🟣 Major Resistance (~96,000 USDT) – Final target 🎯 Possible Price Movement (🔵 Blue Line Projection) ✅ Bullish Case: If BTC bounces off support 🏋️, it could move towards 88,000 USDT 🚀 and then 96,000 USDT 🎯. ❌ Bearish Case: If BTC breaks below 80,000 USDT, we might see more downside ⚠️. 💡 Trading Tip: Watch price action 📊 at support & resistance. Look for confirmation signals ✅ before entering trades. 🚀 Are you bullish or bearish on BTC? 🔥
Long
by EA_GOLD_MAN_COPY_TRADE
BITCOIN Cycle pattern completed. Year-end Target locked at $150kBitcoin (BTCUSD) is showing the first signs of life after nearly testing the 1W MA50 (blue trend-line) early this week. Whether this leads to a full on recovery or not, can been partially answered by this Cycle's price action so far. Historically we do know that BTC's Bull Cycles so far tend to peak towards the end of their 3rd year and that's 2025. This Cycle has been predominantly trading within a Fibonacci Channel Up, since its very start, the November 2022 bottom. Its 1W MA50 has been supporting since the March 13 2023 break-out, so it's been exactly 2 years of holding and throughout this time period has provided two excellent buy opportunities. As you can see, the Channel Up can be classified into two main Phases so far: each has a Primary correction (red) of more than -30% drop, followed by a rally (blue), then a Secondary correction (yellow) of more than -20%, followed by the second and last rally (blue). All rallies have so far been around +100%. Based on this model, we are now on the Secondary correction of Phase 2. Notice that all corrections (either primary or secondary) hit or approached apart from the 1W MA50, the 0.382 Fibonacci retracement level from their previous Low. This is actually the first time that the price has marginally broken below the 0.382 Fib. At the same time, the 1D RSI almost got oversold last week (34.50) and according to the August 05 2024 (Higher) Low, this is were a series of RSI Higher Lows would be a signal of a new bottom formation. The bottom and recovery process may take a while though, another 4-6 weeks. According to the Time Fibs (blue dashed vertical lines), each correction (whether primary or secondary) has ended at or a little before the 1.0 Fib with the 0.0 being the bottom of the previous one and 0.5 Fib the Top of the rally. Based on this, we can expect the new rally to start by the week of April 28 the latest. So now as to how high this can get, if it repeats the 'weakest' rally of the Channel's three so far, it should rise by +95.95%, which gives us a straight price of $150000 as a Target. If the rally symmetry also holds, this should come by late September, perfectly aligning with Bitcoin's historic Cycle expectation for the final year. Do you think that will be the case? Recovery starting within 4-6 weeks and if so, are you expecting $150k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
16
2 Options, Keeping it simpleBTC is currently within its long-term ascending channel but has shown strong rejection at the upper boundary (~$100K). A pullback toward the mid-channel support (~$70K-$75K) seems likely, aligning with historical retracement patterns. Indicators Show Weakness: RSI Divergence suggests a slowdown in momentum. MACD hints at a potential bearish crossover. 📉 Key Levels to Watch: Resistance: $95K - $100K (Upper trendline) Support: $75K (Mid-channel), $60K (Lower trendline) 📈 Scenario 1: BTC consolidates and regains strength for a new ATH attempt. 📉 Scenario 2: A deeper correction to the lower trendline before continuation. Needs to really break $95k first.
COINBASE:BTCUSD
by CryptoFallen
TradeCityPro | HBARUSDT Better Condition Than the Market!👋 Welcome to the TradeCityPro channel! Let's go together and examine one of the popular coins in the market that has experienced less correction recently and is in better condition than other altcoins! 🌐 Overview Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. 📊 Weekly Timeframe We go to the weekly time frame and see that hbar's condition is much better than other altcoins, and this is precisely due to the entry of momentum and Bitcoin's bullishness! After we broke through the support at 0.04339 and engulfed the previous weekly candle, it was a bullish sign, and after the trigger at 0.06219 was activated, we broke this resistance and momentum entered this coin! If you made your purchase in the spot section from this level, the situation is okay for now, but you can save profit or withdraw the principal capital. If you want to re-enter, you can make your purchase after the 0.33056 break. 📈 Daily Timeframe In the daily time frame, we have higher levels and a better situation than the rest of the coins, and in a situation where most altcoins are forming lower bottoms, this has not even lost its main level. After the 0.06470 and daily box break, we experienced a movement of about 500%, and if we draw a Fibonacci, we are currently at the 0.382 level, and this in itself increases the importance of this level! If the 0.37350 ceiling is broken, it shows us that we are going to experience a new movement! This daily candle can be a good trigger to buy again, and the reason is that we are rising from a good support level and it is also a good Fibonacci level, but this trigger is risky and after the break of 0.26486 it will be a better trigger to welcome, and for a temporary exit, you can also temporarily exit with a break of 0.18653. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
6
BITCOIN Short term Channel Down rebounding.Bitcoin / BTCUSD is having a rebound after the price hit the bottom of the 10 day Channel Down. The bullish wave should attempt at least a +13.73% rise (similar to the previous one) and target 87000. That is the short term bullish plan as the price may be rejected again at the top of the Channel Down. If however the 4hour MA200 breaks, it will be the first time since February 4th and should be enough to restore the long term bullish bias back to the market. Follow us, like the idea and leave a comment below!!
CRYPTO:BTCUSDLong
by TheCryptagon
HBARUSD: Can it reach $1.00 by the end of the year?Hedera is bearish on its 1D technical outlook (RSI = 40.045, MACD = -0.011, ADX = 33.721) as it had a strong 1D MA50 rejection and approached its 1D MA200 seeking support. If it holds, the Channel Down of the past 3 months will turn out to be a Bull Flag that will greadually push the price to the HH trendline for the Cycle's Top. We believe that could be at $1.00 by the end of 2025. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:HBARUSDLong
by InvestingScope
Hedera Goes From April Highs, To ATH, To Elliot Wave Theory? Lets break down what COINBASE:HBARUSD may be setting up for a long-term scenario! We saw a impressive Bullish Rally from beginning of November 2024 that facilitated a Breakout of the April 2024 High @ .1842 to then create its All Time High @ .4010. With this Price Action going from a Significant Low to create a new Higher High, we can apply the Elliot Wave Theory which is first supported by seeing some sort of Fibonacci Retracement from the Low to New High and we see that February of 2025 delivered a Fibonacci Retracement to the Golden Ratio Zone twice to now be showing support from Bulls pushing price higher! Technically, with Wave 1 having been corrected successfully by Wave 2, both being completed, we now can expect price to give us another extension starting Wave 3, giving us a Break of the ATH created by Wave 1, to then confirm our directional bias and validate the Elliot Wave Theory. Based on the Fibonacci Extension, we can project a potential "Roadmap" price may follow while outlining the rest of the Impulse and Corrective Waves where we see Price ultimately ending Wave 5 at the Potential Range Target of ( .7571 - .89441 ) Rules: - The 2nd Wave cannot retrace the 1st Wave more than 100% - The 3rd Wave can never be the shortest of the Impulse Waves ( 1,3,5 ) - The 4th Wave cannot retrace the 3rd Wave more than 100%
COINBASE:HBARUSDLong
by Novi_Fibonacci
4
Ethereum at Key Support: Will it bounce to 2,800$?COINBASE:ETHUSD price is moving inside a clear ascending channel , with the upper boundary acting as long-term resistance and the lower boundary providing dynamic support. After a steady climb, the price started showing weakness, confirmed by a head and shoulders pattern, a common sign that the trend might reverse. This led to a strong drop, bringing the price down to a key support zone around $2,000. This support area is important because it meets with a major trendline, making it a likely spot where buyers could step in. The volume profile also shows a lot of activity in this zone, meaning traders have been interested in these levels before. If the price holds above this support, there’s a good chance it could bounce towards $2,800, which lines up with a previous resistance. A breakdown below the trendline shifts the bias bearish toward 1,414. For now, as long as Ethereum stays above the support zone, a recovery toward $2,800 is on the table. But if it falls below, the bearish trend is likely to continue. Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with solid risk management.
COINBASE:ETHUSDLong
by TrendDiva
64
TRXUSD Another 2 months of consolidation is possible.Last time we looked at TRON (TRXUSD) was almost 6 months ago (September 25 2024, see chart below) when we called for a 1D MA50 (blue trend-line) buy: The immediate rally that followed, hit our 0.2100 Target in less than 2 months, even breaking above the long-term Channel Up. Since then, the Bullish Leg deflated and settled sideways on a trade within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). This is an Accumulation Phase and on the current 2023 - 2025 Bull Cycle, it is not the first time we've seen one. In fact the Higher Lows Zone had such phases since its start but the most notable and most similar to the current one is the one between March - August 2024. Always supported by the 1W MA50 (red trend-line), this Accumulation Phase displayed the same kind of 1D MACD Bullish Divergence and once it formed its first Higher Highs trend-line and rebounded on the 1D MA200, it entered the Parabolic Rally Phase. If the symmetry holds, then we might see TRX hit 0.6000 by September 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:TRXUSD
by TradingShot
BITCOIN at Key Support – Ready to Bounce to $94,000?COINBASE:BTCUSD is trading at a key demand zone, which has previously acted as strong support within the ascending channel. The recent retracement has brought the price back into this area, increasing the probability of a bullish reaction. The confluence of the support zone and the ascending trendline suggests that buyers may step in to regain control. If price confirms support within this zone, we could see a bullish continuation toward the $94,000 level, aligning with the channel’s midline and the next major resistance. However, a failure to hold this level could invalidate the bullish bias and signal a potential shift in momentum. Traders should monitor for bullish confirmation signals, such as rejection wicks, bullish engulfing patterns, or increasing buying volume, before considering long positions. A breakout above minor resistance levels along the way could further strengthen the bullish outlook. If you agree with this analysis or have additional insights, feel free to share your thoughts! 🚀
COINBASE:BTCUSDLong
by DanieIM
59
Bitcoin Uptrend Continuation AnalysisQuick analysis of BTCUSD downside targets. Remains to be seen whether the near-term Bitcoin lows will hold, but if they don't, a "bear trap" setup could be in play. There's a daily demand zone (77075-74305) wedged between the 50% and 61.8% Fibonacci retracements. The bear trap will be dependent on momentum, but watch this area if we get a flush below 78180. If bullish divergences form, bulls could look to trap bears and buy within said range. That said, keep the focus on longer-term charts. Larger timeframe buy zones are ~70K. Should the weekly RSI take a dive < 40, look for reversal signals on smaller timeframes before getting long. The high of the corrective segment denoting ideal buys is 73808 and the anchor low securing the long-term uptrend is 49351. Entries within that range, which is wide, are viable. Also multiple support/resistance "flip zones" in play circa the abovementioned levels. Bitcoin found some support ~50% Fib retrace, anchored VWAP, and sub-daily demand. It could hold here (trying to put in a intraday higher low as I type this), but I'm hoping it trades lower before higher. Godspeed! JHart
BINANCE:BTCUSDLong
by JHartCharts
Phemex Analysis #66: Pro Tips for Trading Dogecoin (DOGE)In the volatile world of cryptocurrencies, Dogecoin ( PHEMEX:DOGEUSDT.P ) has consistently captured the attention of traders and enthusiasts alike. In October 2024, DOGE experienced a remarkable surge, climbing from $0.11 to a peak of $0.48—a gain of nearly 500%. However, this exuberance was short-lived, and the price has since plummeted by 70%, currently trading around $0.15.​ A closer examination of the daily chart reveals a potential bullish reversal indicator. On March 11, DOGE's price dipped lower than its February 28 level, yet the Relative Strength Index (RSI) remained similar on both dates. This RSI divergence often signals a potential bullish reversal. However, caution is advised before making any trading decisions. Let's explore a few possible scenarios, using support and resistance levels as our guide.​ Scenario 1: Bullish Reversal The observed RSI divergence suggests that selling pressure may be waning, potentially paving the way for a price rebound. If DOGE manages to break above the immediate resistance levels, this could confirm a bullish reversal.​ Pro Tips: Monitor Resistance Levels: Key resistance levels to watch are $0.19 and $0.22. A decisive break above these levels, accompanied by increased trading volume, could signal the start of a bullish trend.​ Risk Management: Consider setting stop-loss orders below recent support levels to mitigate potential losses if the bullish reversal does not materialize.​ Scenario 2: Continued Downtrend If DOGE fails to maintain its current support levels, the downtrend may persist. A drop below the critical support at $0.15 could lead to further declines.​ Pro Tips: Identify Support Levels: The next significant support levels are $0.127 and $0.10. Traders should watch these levels closely for potential buying opportunities or further declines.​ Short Positions: Advanced traders might consider short positions if DOGE breaks below key support levels, aiming to profit from the continued downtrend.​ Scenario 3: Sideways Consolidation DOGE may enter a phase of sideways movement, trading within a defined range as the market seeks direction.​ Pro Tips: Range Trading: Identify the upper and lower bounds of the trading range. Buying near support and selling near resistance can be an effective strategy in a consolidating market.​ Grid Bots: Since price volatility is smaller during consolidation, utilizing grid bots to capitalize on small price movements is highly recommended.​ Final Thoughts Dogecoin's recent price movements present both challenges and opportunities for traders. While technical indicators like RSI divergence suggest a potential bullish reversal, it's crucial to consider all possible scenarios and employ sound risk management strategies. By staying informed and vigilant, traders can navigate DOGE's volatility and make informed decisions. Tips: 🔥 Break free from "buy low, sell high"! Our new Pilot Contract empowers you to profit from ANY market direction on DEX coins with up to 3x leverage. Go long, go short, go further! Check out Phemex - Pilot Contract today! Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
TradeCityPro | APTUSDT Market Drop on Trump News?👋 Welcome to the TradeCityPro channel! Let's analyze and review one of the popular tier-2 coins together and take a look at this recent Trump news regarding the economic record 🌐 Overview Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. 📊 Weekly Timeframe APT remains inside its large, volatile range, frequently bouncing between its highs and lows. However, this time, it has formed a lower high, which is not a positive sign. Additionally, after breaking $7.78, sellers completely engulfed the weekly candle, and for the past five weeks, all candles have been red with high selling volume, confirming the downtrend. There is no buy trigger at the moment, and I cannot recommend a buying opportunity until the market forms a new structure. For selling, if APT drops below $4.97, it makes sense to exit and accept the loss instead of holding onto a losing position. 📈 Daily Timeframe On the daily timeframe, APT failed to break the $14.61 resistance. Even worse, it couldn't even reach the previous high before getting rejected earlier, signaling weakness. After breaking below $8.46, the market entered an MWC (Market Weakness Confirmation) downtrend. Following the breakdown, a pullback retest occurred, and the daily candle engulfed the previous two days' candles, leading to further decline. Currently, APT is at $5.70, with RSI in the oversold zone, suggesting a possible short-term slowdown in selling pressure. I personally feel that APT’s drop is sufficient for now, and we might enter a range here before a final move toward the $4.95 support. However, this does not mean it’s a buy signal. We need to wait for a new market structure before considering spot entries. In the current situation, the market is really not very analytical and Bitcoin is likely to hit the $72,000-$74,000 level and then go for a break or bullishness, and you should pay attention to these market times! Don’t be FOMO! 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Short
by tradecitypro
9
NEAR (NEARUSDT) Weekly Analysis: Potential Reversal in SightHey everyone! Let’s take a look at NEAR (NEARUSDT) on the weekly chart. There’s a chance the price might move into the 1.728–2.067 range, possibly sweeping up some liquidity before heading toward the 1.467–1.669 zone. This area seems like it could act as a launchpad for a potential bounce, aiming for higher targets afterward. Watch for a spike in trading volume around that zone—if volume picks up, it could indicate stronger buying interest. Another key signal to look out for is a bullish candlestick pattern (like a hammer or a bullish engulfing), which might confirm a reversal if it appears near the 1.467–1.669 level. Of course, if the price drops below 1.467, it might change this outlook and suggest a different path forward. Since the market can be unpredictable, it’s always important to keep an eye on these levels and stay prepared. Above all, remember to do your own research and stay informed—this space can move fast, and it’s best to approach it with a curious mind. Keep learning, stay positive, and good luck out there! 📈
by whalebuzzz