Binance Coin (BNB) Market AnalysisRecent 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 decline continues, buyers may step in between $550 and $500, with $500 being a historically strong support zone.
Holding above $500 is crucial, as a sustained drop below this level could lead to further downside pressure.
Potential Recovery Scenario
If $500 holds, there remains potential for a recovery, especially if the overall crypto market stabilizes.
A move back above $600 would be a bullish signal, confirming a potential rebound and resumption of BNB’s upward trend.
Conclusion
BNB is at a critical juncture. The $500 support level must hold to avoid a deeper correction.
Despite the drop, BNB shows relative strength compared to most altcoins.
Traders should watch for buying activity around the $500-$550 range, as this could indicate a recovery in the near term.
Cryptoanalysis
INJ Long OpportunityMarket 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 setup targets a bounce from major support, with the potential for a stronger rally if bullish momentum returns. 🚀
#QNT Ready For Bullish Rally Despite Bearish Market Sentiment Yello, Paradisers! Is #QNTUSDT About to Break Out, or Will Bears Keep It Trapped? Let's check the latest setup of #Quant and see what might happen next:
💎#QNT has been trapped inside this wedge for months, making lower highs and lower lows. #QNTUSD is showing signs of a potential breakout, but there’s one key resistance level above that could decide everything.
💎Bulls need to break above $115, which has been a major rejection point. A clean breakout here could trigger a rally towards $140-$160, where the next strong resistance zone is waiting. The MACD is showing higher highs while price made lower lows, a classic bullish divergence. This signals that momentum is shifting in favor of buyers.
💎Strong support is around $80-$85, where buyers have stepped in multiple times. Losing this level would lead to a drop to $61-$55, the next major support zone. The Bulls have defended both of these levels before, so they will probably do so this time, too.
💎However, if the bears drag the price below the $55-$61 support level, the bullish setup will be invalidated. In such a case, the bears will drag the price to down levels further.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
#CAKEUSDT – Bearish Scenario, Expecting a Breakdown📉 SHORT BYBIT:CAKEUSDT.P from $2.030
🛡 Stop Loss: $2.058
⏱ 1H Timeframe
⚡ Trade Plan:
✅ The BYBIT:CAKEUSDT.P price previously formed a Falling Wedge pattern and three bottoms (Bottom 1, Bottom 2, Bottom 3), followed by a bounce.
✅ However, the asset is trading below POC (Point of Control) at $2.504, which acts as strong resistance. If the price fails to hold above the current levels, a downward continuation is likely.
🎯 TP Targets:
💎 TP 1: $2.008
🔥 TP 2: $1.986
⚡ TP 3: $1.970
📢 A close below $2.030 would confirm further downside movement.
📢 POC at $2.504 is a key volume area acting as resistance.
📢 Increasing volume on the decline signals strong seller activity.
📢 Taking partial profits at TP1 ($2.008) is a smart risk-management strategy.
🚨 BYBIT:CAKEUSDT.P remains under selling pressure – monitoring for confirmation and securing profits at TP levels!
#FOXYUSDT – Bearish Scenario, Downtrend Confirmation📉 SHORT BYBIT:FOXYUSDT.P from $0.002765
🛡 Stop Loss: $0.002928
⏱ 1H Timeframe
⚡ Trade Plan:
✅ The BYBIT:FOXYUSDT.P chart shows a confirmed breakdown of a Bearish Pennant, signaling a continuation of the downward trend.
✅ The asset is trading below POC (Point of Control) at $0.003052, confirming seller dominance.
🎯 TP Targets:
💎 TP 1: $0.002692
🔥 TP 2: $0.002618
⚡ TP 3: $0.002545
📢 Holding below $0.002765 would confirm the downtrend.
📢 POC at $0.003052 is a key selling area where major volume was previously accumulated.
📢 High volume on the breakout confirms bearish momentum.
📢 The first TP at $0.002692 is a level where partial profit-taking is recommended.
🚨 BYBIT:FOXYUSDT.P remains in a bearish trend – monitoring for further confirmation and securing profits at TP levels!
#TAIUSDT – Bearish Scenario, Expecting a Downward Breakout📉 SHORT BYBIT:TAIUSDT.P from $0.11880
🛡 Stop Loss: $0.12155
⏱ 15M Timeframe
⚡ Trade Plan:
✅ The BYBIT:TAIUSDT.P price is in a downtrend, continuing to decline after testing the POC (Point of Control) at $0.13002.
✅ The asset is currently near the $0.11887–$0.12155 support zone, and a breakdown could trigger further selling pressure.
🎯 TP Targets:
💎 TP 1: $0.11550
🔥 TP 2: $0.11305
📢 A close below $0.11880 would confirm the downward move.
📢 POC at $0.13002 acted as a major resistance where buyers were active.
📢 Increasing volume on the decline supports the bearish momentum.
📢 The first TP at $0.11550 is a level where partial profit-taking is recommended.
🚨 BYBIT:TAIUSDT.P remains under pressure – monitoring for a confirmed breakdown and securing profits at TP levels.
Can #LINK Bulls Make a Comeback or Not? Bears Still in ControlYello, Paradisers! Is #LINKUSDT About to Break Down, or Will Bulls Defend This Critical Support? Let's discuss the latest analysis setup of #Chainlink:
💎#LINK is at a critical decision point, trapped inside a descending channel that has dictated price action for months. The question is—will it finally break out, or are we heading for another major leg down?
💎#LINKUSD is testing a crucial support zone around $14.00-$14.50, a level that previously acted as resistance and has now flipped into support. Losing this area could send the price tumbling toward the next major support at $8.08 and give bears total control.
💎The descending resistance line has been rejecting every bullish attempt, keeping #LINK in a downtrend. For a trend reversal, #LINK must break above $19.63, which would invalidate the bearish setup and open the doors for a strong rally toward $24-$26.
💎Bullish divergence spotted on the MACD suggests that a short-term relief rally could occur. However, unless we see a confirmed breakout, any upside movement might be just a temporary bounce before further downside.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Bitcoin’s Collapse from 109K Was Predicted Now the Regret BeginsWe warned at 109K , and now Bitcoin has dropped to 87K! 📉🔥
💔 Fear led to hesitation—now it’s regret for not exiting in time!
✅ Those who followed our advice avoided the crash.
❌ Those who ignored it are paying the price.
📉 First support level at 81,643 – what's next? Stay updated!
🚀 Follow us for accurate market analysis before it’s too late! ⏳🔥
#Bitcoin #Crypto #BTCUSD #CryptoTrading #CryptoAnalysis #BitcoinCrash #TradingSignals #MarketUpdate #FearAndGreed #CryptoNews #BTC #BitcoinPrice #Trading #CryptoMarket #BitcoinPrediction #CryptoAlerts #TechnicalAnalysis
My Long-term BTC Idea March 2025 IMPORTANT MONTH FOR BITCOINBitcoin (BTC) Analysis - Not Financial Advice
Disclaimer: This is not financial advice. These are real trend lines that you can draw yourself. While the current trend appears bearish, it might also present a good buying opportunity. Personally, I’ve struggled to trade Bitcoin successfully because emotions often get the better of me. For instance, I saw WIF at $0.02 but didn’t buy because I had also seen it at $0.00002. This example highlights that the current price isn’t always a reason to avoid buying. That said, I am currently holding off.
Key Insights from the Chart:
Current Price Action: BTC is around $86,845, correcting after hitting a high near $96,500. It appears to be testing a support line within an ascending channel.
Trend Channels:
The broader ascending channel (orange lines) suggests a long-term bullish trend.
Mid-range correction lines and resistance levels (purple lines) highlight key price zones.
Support and Resistance Levels:
Key support: $69,077, $64,877, and $49,673.
Major resistance: $109,087 (upper boundary of the orange channel).
Buying Zones:
Golden Buy Zone: Around $15,446, ideal for long-term entries during deep corrections.
Perfect Buy Zone: Slightly above $29,166, a strong buy area if BTC pulls back.
Bear Market Bottom: Approximately $40,147, a solid long-term support level.
Market Outlook:
Short-term: The correction might continue until BTC tests the mid-level purple line or the $73,721 level. A bounce from these levels could signal a continuation of the bullish trend, potentially pushing toward the $109,000 target.
Long-term: If BTC stays within the ascending orange channel, a long-term target above $109,000 remains realistic.
Risk Factors: A break below the correction line or falling outside the channel would indicate a bearish reversal.
Personal Perspective:
With the monthly candle closing in three days, BTC needs to push upward to form a wick, signaling bullish potential. If not, attention shifts to the weekly candle. Predicting the outcome is uncertain—this could either be a buying opportunity or a liquidation zone. Remember, back in 2021, BTC hit FWB:65K , then dropped to $30k, which turned out to be a great buying opportunity as it later surged to $67k.
Altcoin Season:
Some believe altcoin season is coming, but I think it already happened in 2024. Raydium (RAY) soared from $0.12 to $9, and coins like WIF and Fartcoin also surged. Unfortunately, many low-quality coins have been pumping, with less-experienced investors driving the trend.
Conclusion:
Despite the current bearish sentiment, this market phase might offer solid buying opportunities if key support levels hold. The next few days are crucial—watch how the monthly candle closes and monitor the weekly candle for further signals. As always, trade carefully, and don’t let emotions dictate your decisions.
BTC Potential Drop to $72K: 3 Signs Indicating a Trend BreatherBitcoin has been on an incredible run, but I believe we may be heading for a pullback toward $72K. There are three key signs that suggest a breather is due:
Double Top Formation – We've seen a clear double top pattern forming, signaling a potential reversal.
RSI Divergence – The RSI is showing divergence from price action, often a sign that the momentum is weakening.
Overbought Conditions – Bitcoin has been in overbought territory for a while now, suggesting that a correction could be on the horizon.
Keep an eye on these factors as they could play a big role in where BTC goes next. Stay cautious and be prepared for potential volatility.
I hope you find it helpful!
Take care and keep it shiny.
Kina ♥
#FIL Ready to Make a Mega Bearish Move? Bears Getting ReadyYello, Paradisers! Is #FIL on the verge of a massive collapse, or will the bulls step in at the last moment? Let’s break down the latest setup of #Filecoin:
💎#FILUSDT is forming a textbook descending triangle, a pattern that typically signals a bearish continuation. The price has been making lower highs while holding a crucial support zone around $2.45—a clear sign that sellers are in control.
💎A breakdown below $2.45 could trigger a sharp sell-off, with the next major support sitting around $0.82. If #FILUSD loses this level, it could enter price discovery to the downside, leading to extreme volatility.
💎On the bullish side, a breakout above the descending resistance line would invalidate the bearish setup. A strong daily close above $4.00 could flip the trend, targeting a move toward $6.00 and beyond. However, until that breakout happens, caution is warranted—trading inside a descending triangle without confirmation is dangerous.
The market is at a make-or-break point. We will see if #FIL breaks below support and plunges lower or if the bulls stage a surprise comeback. Let us know in the comments!
MyCryptoParadise
iFeel the success 🌴
#AIOZUSDT maintains bearish momentum📉 SHORT BYBIT:AIOZUSDT.P from $0.3816
🛡 Stop Loss: $0.3875
⏱ 15M Timeframe
✅ Overview:
➡️ BYBIT:AIOZUSDT.P is trading in a downtrend, forming a series of lower highs and lower lows.
➡️ Volume Profile suggests that the main liquidity (POC) is positioned above the current price ($0.3919), indicating potential selling pressure.
➡️ A break below $0.3816 will trigger the short position, confirming buyer weakness.
➡️ The main downside targets are in the $0.3750 – $0.3690 range, where a short-term bounce may occur.
⚡ Plan:
➡️ Short entry upon breaking $0.3816, confirming bearish momentum.
➡️ Stop-Loss at $0.3875—placed above the nearest resistance level to minimize risk.
➡️ Main targets: $0.3750 and $0.3690, where downside movement may slow down.
🎯 TP Targets:
💎 TP 1: $0.3750
🔥 TP 2: $0.3690
🚀 BYBIT:AIOZUSDT.P maintains bearish momentum — expecting further downside!
📢 BYBIT:AIOZUSDT.P remains in a bearish trend, and a breakdown below $0.3816 will reinforce selling pressure.
📢 Watch for price reactions near $0.3690, where a slowdown or bounce may occur.
#1000RATSUSDT maintains bearish momentum📉 SHORT BYBIT:1000RATSUSDT.P from $0.01823
🛡 Stop Loss: $0.01855
⏱ 15M Timeframe
✅ Overview:
➡️ BYBIT:1000RATSUSDT.P is in a downtrend after rejecting the descending trendline, confirming buyer weakness.
➡️ Volume Profile suggests that the main liquidity (POC) is positioned at $0.01938, reinforcing selling pressure.
➡️ The Head and Shoulders pattern strengthens the bearish case, and a break below $0.01823 will trigger further decline.
➡️ The main downside targets are in the $0.01800 – $0.01764 range, where profit-taking may occur.
⚡ Plan:
➡️ Short entry upon breaking $0.01823, confirming the bearish scenario.
➡️ Stop-Loss at $0.01855—placed above the nearest resistance to minimize risk.
➡️ Main targets: $0.01800, $0.01780, and $0.01764, where downside movement may slow down.
🎯 TP Targets:
💎 TP 1: $0.01800
🔥 TP 2: $0.01780
⚡ TP 3: $0.01764
🚀 BYBIT:1000RATSUSDT.P maintains bearish momentum — expecting further downside!
📢 BYBIT:1000RATSUSDT.P remains weak, and a breakdown below $0.01823 could accelerate the decline.
📢 Watch for price reactions near $0.01764, where a slowdown or bounce may occur.
#ETHUSDT: Critical Moment! Breakout or Deeper Correction?BYBIT:ETHUSDT.P is currently in a key consolidation zone after a significant decline in recent months. The price remains within a trading range, with major players accumulating liquidity. The question is: will ETH break out or drop further?
🔍 Key Metrics:
✔ Current Price: $2,682.81
✔ Volume: 262.98K ETH – moderate, but sellers remain active.
✔ Key POC Level: $2,729.76 – the highest volume area, where the market may decide its direction.
━━━━━━━━━━━━━━━━━━
🔥 What’s important right now?
📌 BYBIT:ETHUSDT.P is trading below the liquidity zone ( POC: $2,729.76 ) – sellers are still in control.
📌 If the price fails to reclaim $2,729, the downtrend could accelerate.
📌 Upper range resistance – $2,835-$2,872, breaking above which could restore bullish momentum.
📌 Lower support range – $2,595-$2,522, dropping below this level will increase bearish pressure.
🔥 Key Scenarios for BYBIT:ETHUSDT.P
━━━━━━━━━━━━━━━━━━
🟢 Bullish Scenario: Reversal to the Upside
LONG #ETHUSDT from $2872.00 upon a confirmed breakout
🛡 Stop loss: $2835.00 (below the channel boundary)
✔ Holding above $2,910 strengthens the chances of a continued uptrend.
✔ If BYBIT:ETHUSDT.P breaks above $2,872, further upside is likely towards:
💎 TP 1: $2,893 – the next resistance.
🔥 TP 2: $2,910 – a key level where a pullback may occur.
━━━━━━━━━━━━━━━━━━
🔴 Bearish Scenario: Further Decline
If BYBIT:ETHUSDT.P drops below $2,609, selling pressure may increase:
SHORT #ETHUSDT from $2609.00 upon confirmed support breakdown.
🛡 Stop loss: $2638.00
✔ If the price reaches $2,522, a short-term bounce may occur.
💎 TP 1: $2595.00 – first support level.
🔥 TP 2: $2580.00 – deeper liquidity level.
⚡ TP 3: $2570.00 – potential bottom before a new impulse.
━━━━━━━━━━━━━━━━━━
A Critical Turning Point for BYBIT:ETHUSDT.P !
📌 BYBIT:ETHUSDT.P is in a zone of uncertainty, and a breakout in either direction may lead to a sharp move.
📌 Buyers must reclaim $2,729, or sellers will likely push the price lower.
📌 A break above $2,872 opens the door for upside, while a drop below $2,609 confirms further correction.
🚀 Prepare for a strong move! BYBIT:ETHUSDT.P is on the verge of a breakout! 🔥
Can #OM Bulls Save the Day or Not? Bears Ready For a Showdown Yello, Paradisers! Is #OM gearing up for a massive breakdown, or will the bulls step in to save the day? Let's analyze the #Mantra's latest trade setup:
💎#OMUSDT is flashing clear warning signs of weakness after forming a classic bearish divergence on the 8H timeframe. While price made higher highs, the oscillator showed lower highs, signaling a loss of bullish momentum. This is a textbook setup for an impending reversal unless buyers step in aggressively.
💎The key level to watch is the $7.48 support zone—a critical area that bulls must defend. If OM closes a candle below this level, expect a sharp drop toward the $5.00 support, with an ultimate downside target of $3.17 if the selling pressure intensifies.
💎On the flip side, the bearish setup gets invalidated above $9.26. If bulls manage to break this resistance with strong volume, we could see #OM pushing higher. However, until that happens, the bias remains bearish, and lower levels look far more likely.
The market is at a crucial tipping point—will #OMUSD crash or bounce? Let us know your thoughts in the comments. Are you shorting, or do you see a surprise rally coming? Let’s discuss.
MyCryptoParadise
iFeel the success🌴
#STPTUSDT maintains bullish momentum📈 LONG BYBIT:STPTUSDT.P from $0.10355
🛡 Stop Loss: $0.10226
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:STPTUSDT.P is showing strong bullish momentum after consolidating at lower levels, indicating buyer presence.
➡️ Volume Profile suggests that the main liquidity (POC) is positioned significantly below the current price, confirming demand dominance.
➡️ A breakout above $0.10355 and holding above this level will validate the bullish continuation.
➡️ The nearest resistance zone is between $0.10540 and $0.10680, where partial profit-taking may occur.
⚡ Plan:
➡️ Long entry upon breaking $0.10355, confirming buyer strength.
➡️ Stop-Loss at $0.10226—placed below the nearest support to minimize risk.
➡️ Main target range: $0.10540–$0.10680, where selling pressure might emerge.
🎯 TP Targets:
💎 TP 1: $0.10540
🔥 TP 2: $0.10680
🚀 BYBIT:STPTUSDT.P maintains bullish momentum — expecting further upside!
📢 BYBIT:STPTUSDT.P remains within an uptrend. If the price consolidates above $0.10355, further acceleration is expected.
📢 Volume suggests strong buyer activity, supporting the bullish outlook.
📢 However, the $0.10540–$0.10680 zone could act as a profit-taking level, so monitoring price action and partial profit-taking is advisable.
#MKRUSDT is gaining momentum🚀 LONG #MKRUSDT from $1485.0
🛡 Stop Loss: $1438.0
⏱ 1h Timeframe
🔹 Overview:
➡️ The asset is in a strong uptrend, forming a cascade of support levels with buyers stepping in.
➡️ The price recently tested a major resistance level ($1500) and entered a brief consolidation.
➡️ Patterns such as "expanding triangle" and "rising wedge" confirm strong activity and accumulation.
➡️ The current POC zone (1197) indicates high buying interest, supporting further upside movement.
⚡ Plan:
➡️ Going long from $1485.0, anticipating a breakout above the local high.
➡️ Taking profits at TP levels with potential partial exits.
🎯 TP Targets:
💎 TP 1: $1500.0
💎 TP 2: $1530.0
💎 TP 3: $1554.0
📢 #MKRUSDT is gaining momentum — preparing for an upward move!
Can #JOE Bulls Continue this Bullish Momentum? Key Levels Yello Paradisers! Is #JOE about to break out of this falling wedge, or will the bears take full control? Here's why the next move could be massive for #JOEUSDT:
💎#JOEUSD has been trading within a falling wedge formation, consistently rejecting from its descending resistance. This pattern is typically bullish, but we need a confirmed breakout before expecting an explosive move. Currently, JOE is holding above a strong support zone at $0.1390 - $0.2099, where buyers have previously stepped in.
💎A bullish divergence is forming on the MACD histogram, suggesting weakening bearish momentum. However, for bulls to take charge, #JOE must break through the descending resistance and reclaim $0.3709 as support. If this happens, we could see a strong rally toward the $0.60+ zone, where major resistance awaits.
💎The major support zone sits at $0.209 because the bulls have stepped here to defend this level. However, if it fails, the last line of defense is at the $0.139 strong support level. As long as support holds, buyers have a chance to push #JOE higher.
💎If the support at $0.139 fails, the bearish scenario could unfold, driving #JOEUSD into a deeper correction phase. The structure remains intact for now, but a breakdown would trigger further downside risk.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
#JAILSTOOLUSDT is showing weakness 📉 SHORT BYBIT:JAILSTOOLUSDT.P from $0.01194
🛡 Stop Loss: $0.01234
⏱ 15m Timeframe
🔹 Overview:
➡️ The price has broken a key support level and is trading below the POC zone ($0.01356), where the highest volume was accumulated.
➡️ A bearish trend is forming, with lower highs continuing to develop.
➡️ Selling pressure is increasing, indicating growing momentum from the sellers.
➡️ If selling activity persists, expecting further downside movement toward TP levels.
⚡ Plan:
➡️ Entering short below $0.01194, targeting profit at TP levels.
➡️ Expecting a breakdown confirmation and continuation of bearish momentum.
🎯 TP Targets:
💎 TP 1: $0.01152
📢 BYBIT:JAILSTOOLUSDT.P is showing weakness — preparing for further decline!
#ADAUSDT is forming a strong bullish trend📈 LONG BYBIT:ADAUSDT.P from $0.8110
🛡 Stop Loss: $0.8046
⏱ 1h Timeframe
🔹 Overview:
➡️ Price is showing a strong uptrend after a correction, forming a support zone and bouncing off the local trendline.
➡️ POC (Point of Control) at $0.7826 highlights the key volume area where the reversal occurred.
➡️ Key resistance levels are marked, indicating potential price targets.
➡️ Volume spikes confirm increased buyer interest, signaling momentum.
➡️ An impulse breakout is possible if buying pressure sustains at TP levels.
⚡ Plan:
➡️ Main scenario – long position with profit-taking at TP levels.
➡️ Expecting a breakout above $0.8110 and resistance level tests.
🎯 TP Targets:
💎 TP 1: $0.8160
🔥 TP 2: $0.8210
🚀 TP 3: $0.8262
📢 BYBIT:ADAUSDT.P is forming a strong bullish trend — preparing for resistance breakouts!
#ARCUSDT - Monitor this asset closely📈 LONG BYBIT:ARCUSDT.P from $0.25588
🛡 Stop Loss: $0.24176
⏱️ 1H Timeframe
✅ Overview:
➡️ BYBIT:ARCUSDT.P has broken out of a Falling Wedge pattern and is following an upward trend.
➡️ The POC (Point of Control) at $0.24041 confirms liquidity in this zone, potentially acting as strong support.
➡️ The key resistance is at $0.25588; if the price holds above this level, it may lead to further gains.
➡️ Increased volume signals strong buyer activity and a high probability of continuation.
⚡️ Plan:
➡️ Important: Set an order in advance to ensure execution when the price reaches the entry level!
➡️ Enter long above $0.25588.
➡️ Stop-Loss placed at $0.24176 for risk management.
🎯 TP Targets:
💎 TP1: $0.26618
🔥 TP2: $0.27640
⚡️ TP3: $0.28670
🚀 BYBIT:ARCUSDT.P - Monitor this asset closely!
🚀 Place your order in the listing so that it executes automatically when the breakout occurs.
#EOS Ready for a Bullish Reversal | Key Levels to Watch Yello Paradisers! Is #EOS gearing up for a massive breakout, or is there another trap ahead? This #EOSUSD setup demands your full attention:
💎#EOSUSDT is forming a textbook falling wedge pattern, a bullish reversal structure that often precedes explosive moves. The price is currently squeezing inside this pattern, facing strong descending resistance, while the descending support has been holding steady.
💎For a bullish breakout, #EOSUSD must break above the descending resistance. If this happens, expect a sharp rally toward the $0.80 level, followed by a potential surge into the strong resistance zone around $1.40. Bullish divergence spotted on the RSI and MACD suggests that momentum is shifting. This could be the early signal of a breakout, but confirmation is crucial! Without a clean breakout, #EOS remains at risk of further consolidation or a fakeout.
💎The major support zone sits at $0.573 because the bulls have stepped here to defend this level. However, if it fails, the last line of defense is at the $0.402 strong support level. As long as support holds, buyers have a chance to push #EOS higher.
💎If the support at $0.4023 fails, the bearish scenario could unfold, driving EOS into a deeper correction phase. The structure remains intact for now, but a breakdown would trigger further downside risk.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴