Current Market Structure SOL is holding a major support level around $110, which could act as a launchpad for a short-term rally. This support has historically served as a strong demand zone, attracting buyers looking for a potential rebound. Upside Potential: Resistance Zones to Watch If SOL maintains $110 support, it could rally toward: $140 (first key...
Current Market Structure Since mid-February, MOVE has been consolidating, with a critical support level forming around $0.4371. This level aligns with a bullish daily gap and the midpoint of a previous candle tail, making it a key area to watch for a potential retest. Following the mainnet launch, a "sell the news" reaction may test this support level before...
Key Support Holding Strong Over the past six weeks, the 60% level on the BTC.D chart has acted as strong support, preventing further downside. Bitcoin dominance now appears to be climbing, with a potential move toward the 66%-72% resistance zone in the coming weeks. Potential Market Implications A rise in BTC.D typically signals weakness in the altcoin market, as...
Company Overview: Tencent Music Entertainment NYSE:TME is a leading digital music streaming platform with a 35.7% stock return over the past year, signaling strong market confidence. Key Catalysts: Q4 2024 Earnings on March 18 📊 Analysts anticipate positive results, which could boost investor sentiment. Bubble Service Expansion on QQ Music 🚀 The new...
With seller exhaustion possibly setting in, TIA is shaping up for a double bottom formation. If price deviates from launch levels and confirms a market structure shift, we could see a strong upside move. 🛠 Trade Details: Entry: Around $4.00 Take Profit Targets: $5.50 (First TP - Key Resistance Zone) $7.10 (Second TP - Breakout Level) $9.00 (Third TP - Full...
UNI has pulled back into a primary support zone at $7.20, a critical area for bulls to hold. A bounce from this level could trigger upside momentum, while a breakdown could invalidate the bullish structure. 🛠 Trade Details: Entry: Around $7.20 Take Profit Targets: $9.00 $10.00 $13.00 Stop Loss: Daily close below $6.50 If buyers step in strongly at support,...
Market Context: LINK is showing a strong bounce off major support, signaling potential upside continuation. However, if the market remains bullish, key resistance levels at $20 and $24 should be monitored for potential take-profit zones. Trade Management: Previous Entry Around: $15.30 Updated Take Profit Zones: $20.00 (First TP Zone - Key Resistance) $24.00...
Market Context: LTC is testing the range's low support level, which presents a strong buying opportunity if support holds. A potential bounce from this level could lead to a move toward the next resistance zones. Trade Details: Entry Zone: $102.00 Take Profit Targets: $109.00 - $115.00 $132 - $140 Stop Loss: Just below $98.00 This setup offers a good...
Market Context: RUNE has been trading within a range for the past few weeks, and price has now retraced to the lower support level of this range. This presents a solid opportunity for a long entry targeting the next resistance levels. Trade Details: Entry Zone: $1.18 Take Profit Targets: $1.30 - $1.35 $1.45 - $1.60 Stop Loss: Just below $1.10 This setup offers a...
Market Context: LINK is currently testing the range's high support level at $15.30. A break and hold above this level could present a strong long opportunity for further upside. Trade Details: Entry Zone: $15.30 Take Profit Targets: $16.50 $17.50 Stop Loss: Just below $14.60 This trade setup focuses on confirmation of strength at support, aiming for higher...
Market Context: Following Sunday’s full retrace, XRP appears to have set in a complacency bounce. Price action is weakening into mid-range, suggesting a potential short opportunity after one more push higher. Trade Details: Entry Zone: $2.70 Take Profit Targets: $2.10 $1.55 $1.00 Stop Loss: Daily close above $3.10 This setup anticipates further downside once...
Recent Price Action & Breakdown BNB lost the key $600 support level due to strong selling pressure, dropping 12% over the past week, aligning with the broader market downturn. The break below $600 signals increased bearish momentum, but BNB has yet to form a lower low, indicating relative strength compared to most altcoins. Key Support Levels to Watch If the...
Key Developments & Price Action: Ethereum lost its key support at $2,400 and has dropped 21% over the past week, following widespread crypto market declines. ETH is now in a vulnerable position, struggling to find stability after this sharp sell-off. Critical Support & Downside Risks: The $2,000 psychological level is crucial—if ETH fails to hold above it, further...
Market Context: INJ has retraced into a strong support zone, presenting a high-probability long trade for a potential rebound. Primary Trade Setup: Entry: $13.00 - $12.00 Take Profit Targets: $16.00 $18.00 Stop Loss: Below $11.30 Secondary Trade Setup (Deeper Support): Entry: $10.00 - $9.50 Take Profit: Adjust based on price action Stop Loss: Below $9.00 This...
Company Overview: Starbucks NASDAQ:SBUX is executing a strategic turnaround, focusing on barista wages, store renovations, and menu optimization to enhance efficiency and customer experience. Key Catalysts: Loyalty & Digital Engagement 📊 34.6M U.S. Rewards members now drive 57% of total sales. Personalized offers and data-driven engagement are boosting...
Market Context: ADA has retraced into a key support zone, offering a strong risk-to-reward opportunity for a potential bounce. Trade Details: Entry Zone: $0.63 - $0.69 Take Profit Targets: $0.84 - $0.86 $0.96 - $1.00 Stop Loss: Just below $0.60 This setup anticipates buyers stepping in at support, with the potential for upside continuation if momentum strengthens. 🚀
Market Context: LINK has retraced into a key support area, presenting a solid risk-to-reward opportunity for a potential move higher. Trade Details: Entry Zone: $14.50 - $15.50 Take Profit Targets: $17.20 $19.50 - $21.50 $27.00 - $30.00 Stop Loss: Just below $13 This setup anticipates buyers stepping in at support, with the potential for upside continuation if...
Market Context: OM appears to have completed its fifth wave upward, suggesting a potential correction phase. Weak macro fundamentals and liquidity on the downside indicate that a break of support could lead to further downside movement. Trade Details: Entry Zone: Around $7.7 Take Profit Targets: $7.0 $6.1 $5.4 Stop Loss: Daily close above $8.3 This setup aims to...