Trend: ChainLink is also in an ascending channel, but it's currently testing the lower boundary. Support: The green support at 11.50–12.00 is critical for a potential rebound. Resistance: The red resistance at 53.17 is the first target for price movement. Volume: Volume is picking up slightly, suggesting some momentum. Price Action: Monitor the green support zone. A bounce from this level could target the resistance at 53.17.
Trend: Aave is also following an ascending channel, with the price approaching the lower support. Support: The green support zone at 150–175 is key. A breakdown could lead to further downside. Resistance: The resistance at 465–490 is the next major barrier. Volume: Volume is gradually decreasing, which could signal a pause before a breakout or breakdown. Price Action: Watch for price testing the lower support. A bounce could target the upper resistance levels, but if it breaks below the green zone, further declines could occur.
Trend: Price is following an ascending channel (orange lines), and it's nearing a key support level. Support: The green support around 0.14–0.15 is a critical level, and a break below this could lead to further downside. Resistance: Resistance is at 0.30–0.40, where the price has previously faced rejection. Volume: Volume is still low, indicating weak momentum. Price Action: Watch the price action near 0.15. A bounce could target 0.30–0.40, but if the price breaks below 0.14, further downside toward 0.10 is possible.
Trend: Similar to the other pairs, ADA is also in an ascending channel (orange lines). Support: The green support around 0.23–0.30 is important, and it could act as a solid foundation for the next move. Resistance: Resistance at 3.03–3.40 is significant, and breaking it could signal a significant bullish move. Volume: The volume is relatively low, indicating caution in the market. A breakout or breakdown could bring in more volume. Price Action: Monitor for price action around the green support. A bounce would be bullish, but a breakdown could target lower levels at 0.15.
Trend: Dogecoin is also in an ascending channel (orange lines), indicating a possible bullish continuation. Support: The green zone around 0.14–0.17 serves as support. Resistance: The red resistance zone at 0.30 is a crucial level for Dogecoin. If price breaks above it, we could see further price action to 0.50. Volume: Volume is increasing slightly, but it’s still not significant enough to confirm strong momentum. Price Action: Watch for a bounce off the 0.14–0.17 support zone to target the red resistance level around 0.30. If the price breaks below support, the next target would be closer to 0.10.
This could be a short rade idea for swing trade. Las week price invalidate long ideas and the structure remain bearish. Depending on how we open on Sunday, and with NFP week ahead, I would see ha Monday price will dive quick again, or retrace a little and offer short second half of he week.
Trend: The price is forming an ascending channel (orange lines), which is generally a bullish sign. Support: The green zone around 2.30 is a strong support level to keep an eye on. Resistance: The resistance at 5.60–7.00 is a critical point. A breakout above this level could signal significant upside potential. Volume: Volume is low and needs to pick up for a clear trend direction to emerge. Price Action: Look for a retest of the green support. If it holds, the price may push upwards towards 5.60–7.00. Otherwise, a breakdown below 2.30 could indicate a reversal.
The price perfectly fulfills my last idea . It hit the target level. BINANCE:SUIUSDT consolidated around the 2.30 level before breaking above it; however, the price subsequently pulled back and returned to the consolidation zone. This behavior resembles a "dead cat bounce," as we did not observe further upward movement. Below, we can see an upward trendline that has been tested multiple times. I believe the price may break through this trendline and continue moving downward since it was tested may times. My goal is support zone around 2.100 Traders, If you liked this educational post?, give it a boost ? and drop a comment ?
Trend: XRP is currently consolidating in a small box pattern (shown by the red box), after a large spike. This is often a sign of accumulation or a pause before another move. Support: The recent support level around 1.70–2.00 should be monitored for a potential bounce if price action moves downward. Resistance: The immediate resistance at 6.72 is a key level, where the price could face significant selling pressure. Volume: The volume shows strong buying activity during the recent rise, but a decline in volume during the consolidation suggests indecision in the market. Price Action: A breakout above the red box and resistance at 6.72 could suggest further upside potential, possibly targeting 10–12 range. A breakdown below support could lead to a retest of lower levels.
Trend: Chiliz is in a descending channel (red lines), and price is currently approaching the lower boundary, which could act as support. Support: The green zones around 0.042 and 0.022 represent important support levels, with the latter acting as a critical point to maintain the current trend. Resistance: The upper resistance trendline around 0.075 is a significant barrier, and breaking it could lead to an upside move. Volume: The volume is relatively low, suggesting that there is not much interest at current levels. A breakout or breakdown from the channel would likely be accompanied by a surge in volume. Price Action: If the price holds above the lower support, it may attempt a rebound. Otherwise, a breakdown could push the price towards the lower 0.022 zone.