SOL situationCOINBASE:SOLUSD
It has currently reached the ceiling of its descending channel, which can grow to the following levels as a mineral step if it breaks the ceiling of the channel and the resistance of $210:
230, 245, 264
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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SOL
SOLUSD charging for the 1D MA50. New rally started.Solana (SOLUSD) made a new 10-day High as it is rising aggressively today towards the 1D MA50 (blue trend-line), which is the first level of Resistance. We expect this rally to be the start of the new Bullish Leg of the 5-month Channel Up for three reasons.
Firstly, last week's Low was exactly on Support Zone 2, which is the pivot level of the October 29 High. We've had the same bounce on Support Zone 1 when the previous Bullish Leg of the Channel Up started on September 06 2024.
Secondly, the December Low almost tested the 1D MA200 (orange trend-line) before rebounding, which is the long-term Support. This is now exactly on the bottom of the Channel Up.
Thirdly, the December 22 Low also made the 1D RSI rebound on the oversold barrier (30.00). As you can see, every time the RSI touched this oversold level since April 13 2024, it was a strong buy signal to at least the 0.786 Fibonacci retracement level.
As a result, our short-term Target 1 is $242.00 (the 0.786 Fib). Beyond that, if the price breaks above Resistance 1 (265.00), we will buy the bullish break-out and target the top (Higher Highs trend-line) of the Channel Up at $380 (Target 2). As you can see, that would be a +119% rise from the December Low, similar to the % rise of the first Bullish Leg.
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UpdaSolana Ute on Solana - Breakout Has Happened! Where To Next?👀 👉 As highlighted in yesterday's video, we can now observe that Solana has broken structure to the upside on the 4-hour timeframe. This move is unfolding as anticipated, and I’m currently watching for a retracement into the 50-61.8% Fibonacci zone for a potential buy setup. Any buy decision will depend on price action aligning with the analysis discussed in the video. Please note, this is not financial advice. 📉✅
SOLUSDT on Fire: $200 Resistance Broken, Next Stop $300?BINANCE:SOLUSDT has shown remarkable strength, bouncing sharply from its major support level at $175. After a period of consolidation below the $200 resistance, it successfully broke out, signaling a strong bullish trend. This breakout paves the way for further upside, with the next major target set at $300, potentially reaching a new all-time high. Always manage your risk carefully by setting a stop loss below $175 to protect your capital. As momentum builds, BINANCE:SOLUSDT could deliver significant gains, but caution and proper risk management are crucial.
BINANCE:SOLUSDT Currently trading at $205
Buy level : Above $200
Target : $300
Stop loss : $175
Max leverage 3x
Always keep Stop loss
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XRP ShortThe last two shorts I've taken on this coin have given me profit to walk away with before stopping me from taking the bigger swing I am looking for. I am happy to keep shorting until my target is met. This coin may have a future, but not right now IMO.
In short, I haven't lost yet.
This is just chop. Dubai isn't sending this to the moon and more adoption pumps are coming on the way down
I will stick to my narrative until the market says otherwise
Stay safe in this bear market and enjoy it. We won't get one like this for a very long time, if ever.
PS. Leave your immaturity to yourself, you won't get a response from me just because you don't agree or you're upset that I'm speaking the truth and won't be invested like you want to so I can lose along with 90% of the market.
I'm Still Bullish On Solana - Targeting $375Though Solana broke down the $204 support, it has failed to break below our white ascending trendline. This support has held and in fact has carried us upward since Dec. 20th. If my Cup and Handle is to remain valid, our support must continue to hold. If not, all bets are off. Though, the handle is a bit deeper than I'd like to see, I'm going to continue to respect this as a pattern unless that support breaks. My target remains $375, nearly a full 2x from here!
✌️Stew
SOL intraday Sentiment confirmation (LONG)Entry Criteria:
- EMA Cross: 24/42 EMAs cross to signal trend shift/continuation.
- Pivot Gain: Regain 2H-bias line (P1) and daily open (P2) to confirm support/resistance.
Exit:
- EMA Cross: Close on 12/21 EMA cross to secure profits or reduce losses.
Or
- 3R fixed for 50% or 100% TP
Confirmation:
- Daily Open respected/aligned for conviction.
- Supertrend (30M) matches trade direction.
Non-Trading Zone:
- Avoid trades in "Dead Space" (P1 ≤ x ≤ P2) due to low probability.
So, first i want price to close at a least one 15M candle above the ''Top dead-space'' in order to enter.
Current structure score:
- Structure: 1D: UP | 4H: UP | 1H: DOWN | 15M: UP |
- First 2H (15M): UP
- 15M Sentiment: EMA's: UP | ATR: UP
- Up score 7/7
SOLANA the best📊 Technical Analysis of Solana (SOL/USD):
1️⃣ Resistance Zone (📈):
The main resistance level is at $229.93, marked in the red area. If the price reaches this level, there is a possibility of reversal and price correction.
2️⃣ Support Zone (📉):
The gray zone between $145 and $148 acts as a strong support level. This range is attractive for buying (Buy Zone).
3️⃣ Exponential Moving Average (EMA) (🔶):
The price is trading below the 50-day EMA, indicating a bearish trend.
5️⃣ Trading Suggestions:
📥 Buy: Near the support level of $145-$148, accompanied by a reversal signal.
📤 Sell: Near the resistance level of $229 to take profit.
6️⃣ Risk Warning (⚠️):
If the price closes below the $145 level, there is a higher likelihood of a continued downtrend.
Alikze »» SOL | Ascending channel - 1D🔍 Technical analysis: Last corrective leg, to the order block area
📣 BINANCE:SOLUSDT was analyzed and reviewed in the 4-hour and 8-hour time frames in previous posts, which touched their targets.
🟢 It is currently moving in an ascending channel on the daily time frame, which is correcting again to the bottom of the descending channel after reaching the channel ceiling and an unsuccessful breakout.
🟢 Given the current corrective structure, it can have two movement scenarios.
💎 Scenario 1: If it cannot break the red box area, it can continue the correction to the order block area.
💎 Scenario 2: If the red box area is not broken, the correction to the bottom of the channel and with a lower leg, it can meet demand and retest the previous ceiling.
🔔 If the behavior and structure change, the post will be updated.
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SOL/USDT 1W Chart ReviewHello everyone, let's look at the 1W SOL to USDT chart, looking at the large time frame, we can see how the price is moving in the uptrend channel in which we currently have a visible correction approaching the lower part of the channel.
Seeing the current correction, which most likely held on support at our first stoplos, we will designate the locations of the next potential SLs:
SL1 = 184 USD
SL2 = 166 USD
SL3 = 143 USD
SL4 = 117 USD
However, if the price changes direction and the visible green candle starts gaining strength, it is worth moving on to setting goals for the near future, which include:
T1 = 211 USD
T2 = 234 USD
T3 = 253 USD
T4 = 271 USD
Exploring the Potential of $TEMA: The Raccoon-Inspired MemecoinThe world of cryptocurrency is no stranger to innovation, and $TEMA, the Solana-based, animal-themed memecoin, is no exception. Representing Tema, the world’s most famous raccoon with a combined social media following of over 4.7 million across TikTok, YouTube, and Instagram, $TEMA merges the charm of a globally recognized online personality with the disruptive potential of blockchain technology. This token has captivated both retail investors and seasoned traders alike. Let’s dive into its technical and fundamental aspects to uncover why $TEMA could be a major win for 2025.
Positioning in the Crypto Space
$TEMA is not just another memecoin; it stands out by leveraging Tema’s established global audience. This raccoon’s undeniable charisma has built a vibrant community, which $TEMA now brings into the Web3 space. By holding $TEMA tokens, investors align themselves with a thriving ecosystem driven by Tema’s engaging content and social media influence.
Robust Roadmap and Utility
The $TEMA roadmap is focused on long-term value creation through utility-driven initiatives. Token holders are rewarded with features that promote loyalty and community growth, ensuring the project’s sustainability. The team’s commitment to fostering a dynamic ecosystem bridges the gap between social media influence and blockchain innovation.
Trading Volume and Market Metrics
The trading activity around $TEMA has been impressive. With a daily trading volume of $12,059,591—up 16.90% in the last 24 hours—the token signals a surge in market interest. The current market capitalization stands at $52,933,626, ranking $TEMA at #821 on CoinGecko. These figures demonstrate growing adoption and strong market momentum.
Price Milestones
$TEMA achieved its all-time high of $0.06265 on December 26, 2024, and remains just 18.52% below that level. Its lowest price of $0.0007834, recorded on November 25, 2024, highlights an astounding 6,415.12% increase since then. These milestones underscore the token’s volatility and growth potential.
Technical Analysis
At the time of writing, $TEMA is trading with a 9.81% increase in daily performance. The token has shown resilience after a successful consolidation phase and is gearing up for a breakout.
Key Resistance and Support Levels
- Resistance: A breakout could see $TEMA aiming for the $0.078 resistance level. This target aligns with bullish momentum and growing market activity.
- Support: In the event of a pullback, immediate support lies at the 38.2% Fibonacci retracement level. A breach of this level could lead to a downward spiral, potentially revisiting its one-month low.
Technical Indicators
$TEMA has outperformed the global cryptocurrency market, which is down by 2.10%, and is leading its memecoin peers with a 149.70% price increase in the last seven days. This strong relative performance indicates robust market confidence.
Future Outlook
The $TEMA ecosystem is well-positioned for growth in 2025, with its unique blend of social media influence and blockchain utility. The team’s strategic focus on maintaining utility and fostering community engagement ensures a solid foundation for long-term success. As $TEMA continues to gain traction, its innovative approach could redefine how online personalities and blockchain technology intersect.
For investors seeking a high-potential opportunity in the memecoin sector, $TEMA offers a compelling case. Its combination of strong fundamentals, growing community, and promising technical outlook makes it a token to watch closely in the coming year.
Breaking: $WOULD Soars 13.8% in the Last 24 HoursThe cryptocurrency market is no stranger to surprises, and $WOULD has emerged as a standout performer with a 13.8% price jump in the past 24 hours. Let’s dive into the fundamentals and technicals behind this meteoric rise.
The Origins of $WOULD: A Meme Turned Cultural Phenomenon
The $WOULD token is inspired by the viral “Would” meme that captured the internet’s attention in September 2022. Its simple yet versatile format gained popularity as a reaction meme, particularly through posts by accounts like x.com/reactjpg and @mugshawtys. The meme’s cultural resonance was solidified when Elon Musk endorsed it on November 23rd and 24th, 2024, dubbing it his favorite meme. This endorsement propelled the format to mainstream fame, creating a massive social media wave.
What Sets $WOULD Apart?
$WOULD’s uniqueness lies in its ability to translate a viral cultural moment into a tangible crypto asset. By bridging internet culture with blockchain technology, the token taps into a growing demographic of meme enthusiasts and crypto investors. This dual appeal positions $WOULD as more than just a token; it’s a cultural artifact.
Key Metrics at a Glance
- Market Cap: $90,555,753
- Circulating Supply: 1 billion tokens.
- Trading Volume: $1,865,658 in the last 24 hours, up 24.3%.
- All-Time High (ATH): $0.09223 on December 25, 2024, currently 1.67% below ATH.
- All-Time Low (ATL): $0.001424 on December 4, 2024, marking a staggering 6,269.23% increase since then.
The token is actively traded on Raydium, Meteora, and Gate.io, with the WOULD/SOL pair on Raydium leading in volume.
Technical Analysis
$WOULD is currently trading within a consolidation pattern, reflecting a mix of bullish and cautious sentiment:
The Relative Strength Index stands at 73, signaling an overbought condition. This suggests a potential cooldown in the near term. If selling pressure persists, $WOULD may retrace to the 38.2% Fibonacci level, offering a possible re-entry point for traders.
However, Immediate resistance is observed at $0.1142. Breaking this level could trigger another upward surge, while failure to do so might result in short-term profit-taking.
Despite the overbought RSI, the token’s bullish trajectory remains intact, supported by strong fundamentals and community engagement.
Community and Market Sentiment
$WOULD has outperformed its peers in the meme coin category, with a 71.3% increase over the last 7 days. This stands in stark contrast to the broader cryptocurrency market’s 2% decline and the 8.9% drop in the meme coin segment. The project’s ability to buck market trends underscores its strong community backing and viral appeal.
Conclusion
$WOULD is more than just a meme coin; it’s a cultural phenomenon translated into a blockchain asset. With strong community support, solid fundamentals, and bullish technicals, $WOULD has positioned itself as a noteworthy contender in the meme coin space. While short-term corrections may occur, the token’s long-term prospects remain promising.
PENGU is a chosen one.PENGU energizes the Pudgy Penguins community by promoting teamwork, encouraging active involvement, and backing creative projects within the ecosystem. It enhances liquidity and streamlines transactions, ensuring the project remains competitive in the bustling blockchain arena.
Conclusion
The introduction of PENGU on Solana represents a pivotal moment for Pudgy Penguins, showcasing its dedication to expansion and innovation. This token acts as a connector between the project and its community, nurturing stronger connections and paving the way for a thriving ecosystem.
SOL to go back to 232Solana is looking good for a mean reversion back to continuation of the bull trend. It has a perfect retracement to the .5 fib level and bounced from there nicely.
I will start new trades at 195 and below for the capture the move back to the 230 level.
Stop loss right below 190. Not a financial advise so DYOR.
Fartcoin ($FART): The Meme Coin Shaking the Crypto WorldIn a world of serious financial protocols and innovative blockchain technologies, Fartcoin ($FART) has emerged as a lighthearted yet lucrative contender in the cryptocurrency space. From its humble beginnings rooted in fart jokes to its current billion-dollar market cap, this Solana-based meme coin is making waves in the market. Let’s explore the fundamental and technical aspects driving its success.
A Billion-Dollar Market Cap Without Major Listings
Fartcoin ($FART) recently hit a market cap of $1.09 billion, a remarkable achievement considering it has yet to secure listings on major exchanges like Binance or Coinbase. The token’s popularity is largely driven by its unique "Gas Fee" system, where every transaction triggers a digital fart sound, and its ability to gamify the initial token distribution through user-submitted fart jokes and memes.
Trading Activity and Market Sentiment
The daily trading volume of $FART stands at $221.6 million, with Bitget leading the charge as the most active trading platform. The FART/USDT pair on Bitget alone has recorded a 24-hour trading volume of $21.9 million, showcasing significant liquidity and user interest. Despite a slight dip of 3.9% in trading activity, the token remains resilient in an otherwise bearish crypto market.
Performance Metrics
- All-Time High (ATH): $1.29 (December 20, 2024)
- Current Price: $1.09, reflecting a 15.1% dip from its ATH.
- All-Time Low (ATL): $0.02003 (October 30, 2024), marking a staggering 5,380.04% increase to its current price.
Fartcoin’s meteoric rise highlights its ability to outperform both the global crypto market (down 8.7%) and the meme coin sector (down 15.3%) in the last week, with a 19% price surge.
Circulating Supply and FDV
The circulating supply of 1 billion $FART tokens contributes to its fully diluted valuation (FDV) of $1.09 billion. With its emission schedule fully realized, the token has cemented its position as a leading meme coin.
Technical Analysis
As of now, $FART is trading 29.7% higher, demonstrating robust bullish momentum. The token is forming a bullish pattern that could pave the way for sustained upward movement.
Key Support and Resistance Levels
- Support: Immediate support is found at the 38.2% Fibonacci retracement level, which presents a strong buy zone for investors.
- Resistance: The token’s recent high of $1.29 serves as a key resistance level, and breaking past this point could open the doors to even greater heights.
Potential Long-Term Growth
Given its strong community backing and unique appeal, Fartcoin is poised for a potential rally to $3 in the long term. Its current trajectory suggests that investors could witness significant gains as the meme coin sector regains traction.
What’s Next for Fartcoin?
Fartcoin’s rise underscores the power of community-driven projects in the crypto space. With its playful branding, unique tokenomics, and strong market performance, $FART has positioned itself as more than just a joke—it’s a serious contender in the meme coin arena.
As the token awaits listings on major exchanges, its accessibility and adoption are likely to increase, further solidifying its position in the market. For now, investors are watching closely to see if $FART can maintain its bullish momentum and hit new all-time highs.
Conclusion
Fartcoin’s journey from meme to market leader showcases the evolving dynamics of the crypto space. Whether it’s the playful appeal of its "Gas Fee" system or its robust trading activity, $FART has proven that even the most unconventional ideas can find success in the world of blockchain. With strong fundamentals and a bullish technical outlook, Fartcoin might just be the breath of fresh air—or gas—that the meme coin market needs.
PENGU Token Price Soars 41% Amid Bithumb ListingThe Pudgy Penguins ( CSECY:PENGU ) token has captured the crypto market’s attention, surging 41% in the last 24 hours following its listing on the major South Korean exchange, Bithumb. This strategic development is expected to propel the token's adoption within the Korean market and beyond. But can the rally continue? Let’s dive into the technical and fundamental aspects shaping CSECY:PENGU 's price trajectory.
Bithumb Listing Sparks Market Excitement
On December 24, Bithumb announced the addition of CSECY:PENGU to its KRW market, setting a base price of 43.89 KRW. This announcement caused an immediate 23% spike in the token’s price, highlighting the significance of the listing. With deposits and withdrawals exclusively supported through Solana's blockchain and Bithumb-approved exchanges, the platform ensures secure and seamless trading for users.
The listing aligns with CSECY:PENGU ’s growing popularity, particularly in South Korea, a nation known for its active and influential crypto market. As one of the top exchanges in the region, Bithumb’s support positions CSECY:PENGU for increased visibility and trading activity, contributing to its bullish momentum.
Market Metrics and Community Support
The CSECY:PENGU token has consistently gained traction due to its vibrant community and strategic partnerships. With a market cap of $2.32 billion and a 24-hour trading volume of $1.21 billion, the token demonstrates strong investor confidence. Furthermore, CSECY:PENGU ’s Futures market activity reflects heightened interest, with $687 million in trading volume and $115 million in Open Interest.
Binance’s previous endorsement of CSECY:PENGU further cements its credibility and appeal within the crypto ecosystem. Since its launch, CSECY:PENGU has surged over 700%, fueled by airdrop distributions and strategic exchange listings.
Technical Analysis
As of now, CSECY:PENGU is trading at $0.037, reflecting a 23% daily increase. The token is moving within a bullish flag pattern, a technical setup that typically signals the continuation of an upward trend. However, caution is warranted as the RSI at 80 indicates overbought conditions.
In the event of a price correction, the 38.2% Fibonacci retracement level may act as immediate support. On the flip side, a breakout could push CSECY:PENGU towards its recent all-time high of $0.057, providing an attractive target for bullish traders.
Future Outlook: Will the Rally Sustain?
The Bithumb listing is a significant milestone for CSECY:PENGU , but sustaining the rally depends on broader market conditions and continued adoption. With the crypto community’s support and growing institutional interest, CSECY:PENGU is well-positioned for further growth.
However, traders should monitor key technical indicators and macroeconomic factors, including the overall crypto market sentiment, to navigate potential price fluctuations.
Conclusion
CSECY:PENGU ’s recent price surge reflects the token’s increasing popularity and strategic milestones. While the bullish momentum remains intact, market participants should stay vigilant for potential corrections. With strong fundamentals and promising technical patterns, CSECY:PENGU is a token to watch in the coming weeks.
GALA: Channel Breakout to Golden Zone - 40% Upside TargetHere's a professional TradingView analysis for GALA/USDT:
Technical Analysis:
Key Levels:
🎯 Entry: 0.035 USDT
🎯 Target (TP): 0.050 USDT (+40%)
📊 Current Price: 0.035 USDT
📈 Volume: 90.38M
Pattern Structure:
• Trading within descending channel
• Double resistance confluence at target zone
• Channel breakout setup forming
Trade Setup:
1. Entry Setup:
- Entry at 0.0356
- Clear channel breakout formation
- Volume accumulation phase
2. Target Analysis:
- Primary target: 0.05
- Confluence with major resistance
- Potential 40% return from entry
3. Key Technical Factors:
- Descending channel boundaries clearly defined
- Wave pattern projecting upward movement
- Multiple timeframe confluence (4H chart)
Risk Management:
• Set stops below recent lows
• Risk:Reward ratio approximately 1:4
• Consider scaling in at entry zone
Timeframe:
• Chart: 4H BINANCE
• Target Timeline: Early January 2025
Note: This is technical analysis only. Always manage risk appropriately and DYOR.
#GALA #USDT #Crypto #TechnicalAnalysis #Trading
AUCTION/USDT: Major Trendline Break +90% Upside TargetAUCTION/USDT BREAKOUT TRADE
SETUP
• Major trendline break: $22.54
• Volume spike: 1.4M
• 8-month downtrend reversal
TARGETS
TP1: $33.01 (+46.45%)
TP2: $43.19 (+91.61%)
EXECUTION
Entry: $22.54
SL: Below recent swing low
Scale: 50/50 at TPs
BIAS: BULLISH
✓ Trendline break
✓ Volume confirmation
✓ Higher lows structure
✓ S/R flip zone: $22-28
RISK/REWARD
R1: 1:2.8 (TP1)
R2: 1:4.1 (TP2)
KEY LEVEL: $28.00
Previous resistance becomes support
⚠️ DISCLAIMER
• Not financial advice
• Past performance ≠ future results
• Markets are high risk
• Only trade what you can afford to lose
• DYOR - Do Your Own Research
• Author may hold position in AUCTION
BITCOIN in a LIVERMORE FunnelThe accumulation and distribution volume matches the positive and negative money flows of the first 5 waves in a Jesse Livermore stock cylinder.
Will wave 6 see a rush of positive money flow into #Bitcoin into the end of the year?
Let's see
If it does
then that will further cement this pattern of accumulation , sideways movement then breakout with continuation of buying power into the Bull market top.
Let's observe this in real time shall we?
Should be a fun few months ahead of us after a long period of churn.
S/O to @arvine11 for bringing up the Livermore stock trend analysis.