Is HOOK About to Bounce or Break? Critical Levels to watch!Yello, Paradisers! Are we on the verge of a bullish move with HOOKUSDT, or is a breakdown lurking around the corner? Let’s dive in!
💎HOOKUSDT is currently sitting at a key support zone, and the probability of a bullish bounce from this level is high. However, probabilities in trading are never guarantees, so here’s what you need to watch for to confirm the next move.
💎If we see a bullish I-CHoCH (Internal Change of Character) or classic bullish patterns like the W pattern or Inverse Head and Shoulders on lower timeframes, the chances of a bounce will increase significantly. These patterns indicate that buyers are stepping in at these critical levels.
💎We also need to watch TOTAL2 (the altcoin market cap excluding BTC) and TOTAL3 (altcoin market cap excluding BTC and ETH). These broader market indicators provide context for altcoin sentiment and help avoid making isolated decisions based solely on one chart. Remember, the crypto market moves as a system — you can’t ignore the bigger picture!
💎If the price breaks down and closes below this strong support zone, it will invalidate the entire bullish setup. In that case, waiting for more clear and confident price action before jumping in will be the smarter move. Chasing trades after a breakdown can lead to unnecessary losses, and patience is what separates professional traders from gamblers.
🎖 This is exactly why discipline and patience are your most powerful tools in this market. If the bounce comes, it could be highly profitable, but don’t let emotions drive your decisions if the price breaks down. Staying objective and waiting for confirmations is what makes long-term winners.
MyCryptoParadise
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Cryptosignals
ENA About to Collapse or One Last Rally Before the Fall?Yello, Paradisers! Is ENA about to crash hard, or is a sneaky rally waiting to trap late bulls? Read this before making your next move!
💎#ENAUSDT has recently formed a Change of Character (CHOCH) while leaving behind a supply zone and an imbalance. Currently, we expect an upside correction toward $0.4333 and $0.4507, but this move is likely to be short lived. If the price taps these levels and faces strong resistance expect a sharp rejection, especially with the descending trendline and EMA 50 acting as barriers to bullish momentum. This setup suggests ENA is in a prime position for further downside unless it breaks above the supply zone.
💎If #ENAUSD fails to break the supply zone, a rapid sell-off toward the $0.34 support zone is highly likely. A visible gap imbalance further increases the probability of the price filling the gap before any potential reversal. Volume analysis also shows a clear surge in bearish activity, confirming strong selling pressure in the market.
💎The $0.34 level remains the most crucial support where buyers may attempt to step in. However, if this fails to hold, the next major demand zone sits around $0.30, where a deeper correction could unfold. Until a significant bullish breakout occurs, the risk of further downside remains high.
💎If the price manages to break above the supply zone, it would invalidate the bearish setup and could fuel a stronger rally. However, as long as the descending trendline and EMA 50 continue to hold back bullish momentum, the bearish outlook remains intact.
💎Will ENA hold support or break down further? Drop your thoughts in the comments! Are you positioning yourself for a move, or are you waiting for confirmation? Let’s discuss!
Stay sharp, Paradisers! The market rewards patience, discipline, and strategic thinking. Trade smart.
MyCryptoParadise
iFeel the success🌴
Long Entry Signal for MEMEFI/USDT
Based on the daily chart for MEMEFIUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Thank you1
#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🌴
Dogecoin Outlook after the Dip. What to expect NOW?With the recent Correction in Dogecoin, we can say that an ascending triangle has formed, which could be promising and could raise the price to the top of the triangle. It might even form a crab pattern. We should wait for the triangle breakout to reach to 34 cents.
Give me some energy !!
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❗Disclaimer
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Will ANKRUSDT Finally Break Out? Key Levels to Watch Now!Yello, Paradisers! Is ANKRUSDT gearing up for a breakout, or is more downside coming? Let’s break it down.
💎ANKRUSDT has been forming a well-defined descending channel with a triple zig-zag pattern and bullish divergence, increasing the probability of an upcoming bullish move.
💎For a confirmed breakout, ANKRUSDT must show strength, break above the descending channel and resistance, and close a candle with strong volume. If that happens, the probability of a bullish move significantly increases.
💎In case of a retracement, a short-term bounce could be possible if we get a bullish Internal Change of Character (I CHoCH). However, considering the broader crypto market conditions, this remains a low-probability setup.
💎On the other hand, if we see panic selling, leading to a breakdown and candle close below the key support level, it will invalidate the bullish setup entirely. In that case, it’s best to wait for a stronger price action formation before taking any trades.
🎖 Patience and discipline are key in such setups, Paradisers. The market will always offer new opportunities—our job is to wait for the highest probability trades and execute with confidence. Stay sharp!
MyCryptoParadise
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Long S/USDT (h4-d1). x3-4 probably.Long Sonic on H4-D1.
Entry : current level or limit order @ 0.48
TP : 1.5 and 2
Exit : confirmation on D1 below 0.38 (2nd test on Feb,8 of local lows)
FA:
Sonic - EVM L1-chain with high performance (10k TPS with subsec finality)
Previously it was Fantom but recently rebranded.
CTO - Andre Cronje.
Trades on all major CEX.
Top-21 among Chains (Defillama) by TVL - $393mln
1/ Strategic angel investors: Michael (Curve), Stani (Aave), Robert (Compound), Tarun (Gauntlet), and Sam (FRAX), as well as our venture partners Hashed, Signum Capital, and UOB Venture Management (source: soniclabs).
2/ FDV = MCap!!!
3/ Massive airdrop on June around $100mln (current TVL - $393mln, so it's 25% profit on you locked capital if the price remains the same)
4/ 90%-revenue sharing with dApps built on Sonic
TA:
1/ EMA21 and 55 cross on H4
2/ strong bounce on high volume above PoC and MA-cross
3/ capitulation on Feb,3 (weak hands shakeout)
Can repeat that SUI did.
#PEPE Bulls Ready for a Momentum Shift? Key Levels to Monitor Yello Paradisers! Is #PEPE about to break out of this falling wedge, or will the bears drag it lower? Here's why the next move could be game-changing for #PEPEUSD:
💎#PEPEUSDT has been trapped inside a falling wedge formation, steadily rejecting off its descending resistance. This pattern is historically bullish, but a breakout confirmation is still needed. Currently, PEPE is hovering near a key support zone between $0.0000060 and $0.000012, where buyers have previously stepped in.
💎A bullish divergence is forming on the histogram, signaling a potential shift in momentum. But for bulls to take control, PEPE must break above the descending resistance and reclaim $0.0000152 as support. If this level is cleared, we could see an explosive rally toward $0.000030, where strong selling pressure is expected.
💎However, if #PEPE fails to hold the $0.0000060 - $0.000012 support range, the bullish setup could get invalidated. A breakdown below this zone would expose lower levels and increase downside risk, potentially leading to a deeper sell-off.
The next few weeks will be crucial—will the bulls step up, or will PEPE break below and give the bears full control? Be patient and trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
PYTHUSDT: A Massive Move Incoming? Watch This Level Closely! Yello, Paradisers! Is PYTHUSDT about to break out, or is a deeper drop still on the table? Let’s break it down.
💎PYTHUSDT has formed a well-structured descending channel with a corrective wave pattern and bullish divergence, signaling a strong probability of an upcoming bullish move. However, confirmation is key.
💎If PYTHUSDT breaks out and closes candle above the resistance zone, this will validate the descending channel and could trigger a bullish move.
💎In case of panic selling or a deeper retracement, we may see a temporary bounce, but the real focus should be on the resistance zone and a confirmed breakout for a high-probability setup.
💎On the flip side, if PYTHUSDT breaks down and closes candle below the key support level, the bullish setup will be invalidated, and waiting for better price action would be the smarter approach.
🎖 The key here is patience and precision—don’t jump in blindly. Watch for confirmation, trade with discipline, and always wait for the best setups. The market rewards those who stay ahead of the herd!
MyCryptoParadise
iFeel the success🌴
Is SHIBUSDT Preparing for a Major Move? Yello, Paradisers! SHIBUSDT has retraced to a critical support zone and is currently consolidating, leaving traders speculating about its next big move. Could this be the setup for a bullish breakout? Let’s dive in.
💎If SHIBUSDT forms a W-pattern at this support zone, backed by a supportive trendline, the chances of a bullish rally become significantly higher. This classic pattern is often a precursor to strong upward momentum.
💎However, if the retracement continues, we can anticipate a bounce from an even stronger support zone below. To stack the odds in our favor, we need confirmation from bullish signals such as - bullish I-CHoCH (Internal Change of Character), Patterns like the W-pattern or Inverse Head and Shoulders on lower timeframes.
💎Key Takeaway: Without confirmation, any bullish setup remains speculative.
💎On the flip side, if the price breaks down and closes below the strong support zone, the bullish scenario will be invalidated. In this case, it’s prudent to exercise patience and wait for more favorable price action to develop.
🎖 Discipline Over Impulse: This is why trading requires patience and a clear strategy. Avoid emotional decisions and let the market present high-probability opportunities. Mastering this mindset is what sets profitable traders apart.
MyCryptoParadise
iFeel the success🌴
SUI GAME PLAN - SUI NETWORKI will be watching the $2.22 price level for building spot and swing positions on SUI.
The marked purple zone is the weekly demand zone, and I believe it should hold.
Additionally, we will be retesting the March 24 high for the first time, which likely has enough liquidity to create upward momentum.
Invalidation will occur if the $1.60 low is taken out aggressively.
Can #FXS Bulls Make a Comeback? Key Levels to Watch Yello Paradisers! Is #FXS gearing up for a massive breakout? Or will the bears take full control? Here’s what’s happening right now with #FraxShare (FXSUSDT) and why this next move could be crucial:
💎#FXSUSDT has been stuck in a descending triangle pattern, consistently rejecting off its downward resistance line. This structure suggests a squeeze is coming, and a decisive break will set the tone for the next big move. Currently, #FXS is hovering near a strong support zone at $1.53, where buyers are stepping in.
💎A bullish divergence on the histogram is forming, hinting at a potential momentum shift. But for bulls to take charge, #FXSUSD must break above the descending resistance and reclaim $3.32. If this level is flipped into support, we could see a strong rally toward the $5.32 resistance zone, where heavy selling pressure might re-emerge.
💎However, if #FXS fails to hold above $1.53, the bullish setup will weaken, increasing the risk of further downside. A breakdown below this level would expose the next major support at $0.36—a level where panic could set in, leading to a sharp sell-off.
💎The battle between bulls and bears will reach a climax at $0.36 because if it fails, the bears will be in total control, invalidating the bullish setup.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Long Entry Signal for TRX/USDT - Trading System Confirmation
Based on our custom trading system rules, we have a confirmed entry signal for TRX/USDT today:
MLR Crosses SMA: The Moving Regression Line (MLR) in blue has crossed above the Simple Moving Average (SMA) in pink, indicating a shift towards a bullish trend.
MLR Crosses BB Center Line: The MLR has also crossed over the Bollinger Bands Center Line in orange, further confirming the bullish momentum.
PSAR Flips: The Parabolic SAR (PSAR), shown by black dots, has flipped to green, signaling a bullish trend as it follows the MLR.
Price Above 200-period MA: The current price is above the 200-period Moving Average in red, confirming a long-term bullish trend.
Entry Strategy:
Action: Enter a long position on TRX/USDT based on these signals.
Risk Management:
Trailing Stop: Immediately set your trailing stop at the current PSAR level, which will adjust dynamically with price movements.
Standard Exit Strategy:
Exit: Monitor for when the MLR crosses back below the SMA. This crossover will signal a potential end to the bullish trend and an opportunity to exit the position.
This signal presents a potential trading opportunity according to our system's parameters. Remember, always consider additional analysis and risk management practices before making trading decisions.
That is it
Disclaimer: This idea is for educational purposes only and should not be considered financial advice. Always do your own research or consult with a financial advisor before trading.
Bitcoin’s Struggle Continues: Key Levels to WatchBitcoin’s price action over the past two months has been frustrating, with the price stuck in a range.
The brief drop to the 90K zone following Trump’s tax announcement was quickly reversed. However, after a spike above 100K, BTC has once again been consolidating below this key level for the past two weeks.
At the time of writing, BTC/USD is sitting on newly formed support at 95K. A break below this level could lead to another test of 90K.
If bulls fail to hold the 90K support, the price could extend its decline, potentially dropping to 85K in the first instance.
ENS Bulls Eyeing a Breakout—Can They Push Through?Yello, Paradisers! Is #ENS finally shaking off the selling pressure and preparing for a breakout? The price action suggests something big could be brewing!
💎#ENSUSDT is currently forming an ascending triangle pattern after a major correction—this is a sign that sellers are losing their grip, and momentum might soon shift in favor of the bulls. But the real battle is just ahead…
💎The critical breakout level stands at $28.80, with the pattern neckline resistance between $28.20 to $28.80 levels. A strong move above this zone would open the doors for a rally towards the moderate resistance at $30.05–$30.45. However, this region is no joke—it’s a challenging zone where bulls will need to prove their strength.
💎If buyers successfully break and hold above the challenging zone, ENS could confirm the bullish structure and push towards $33.50–$34.20 as the first key target. Expect some profit-taking around this level, but if momentum remains intact, the final pattern target of $37–$38 could be in play—right in line with historically strong resistance zones.
💎On the downside, ENS has reliable support at $26.60, with ascending support between $26.00 and $25.80. These levels should absorb selling pressure in case of a pullback. Below that, a strong base support at $24.40–$24.00 is developing—which is turning the tides in favor of bulls.
Paradisers, as always, patience and precision are key in this market. This isn’t a time for reckless trades—let the levels guide you, trade strategically, and stay disciplined.
MyCryptoParadise
iFeel the success🌴
FTTUSDT: Is a Major Breakout Coming? Watch These Key Levels Now!Yello, Paradisers! Is FTTUSDT gearing up for a strong bullish reversal, or is this just another trap? Let’s break it down.
💎FTTUSDT has completed a proper ending diagonal with a clear 5-wave count, signaling a potential trend shift. Adding to the bullish case, we’re also seeing an inverse head & shoulders pattern forming, along with a bullish divergence, both of which increase the probability of an upward move.
💎If the price breaks out and closes candle above the resistance zone, it will confirm the pattern, setting the stage for a strong bullish move.
💎If the price breaks down and closes candle below the support zone, the bullish setup will be invalidated, and in that case, it’s best to stay patient and wait for a better price action setup.
🎖The market always gives opportunities, but only disciplined traders take full advantage. Stay sharp, Paradisers—patience and strategic execution are key to long-term success.
MyCryptoParadise
iFeel the success🌴
KSMUSDT Setup: Will Bulls Step In, or Are We Heading Lower?Yello, Paradisers! Are you keeping an eye on KSM? This setup is shaping up for either a strong bullish recovery or a critical breakdown—and it all hinges on one key support zone. Let's break it down! 👇
💎KSMUSDT is currently showing a proper retracement within a descending channel, which typically signals a high probability of a bullish move ahead. But here’s the catch: the bulls need to reclaim momentum from a critical support zone before we see a confirmed reversal.
💎If KSMUSDT grabs liquidity below and forms a bullish I-CHoCH (Internal Change of Character) on the lower timeframes, it will greatly increase the likelihood of a strong bullish move.
💎However, if we see panic selling or a deeper retracement, we can expect a bounce from the stronger support zone below. At that point, look for bullish patterns like a W formation or an inverse head and shoulders on lower timeframes to confirm the move.
💎If KSMUSDT breaks down and closes a candle below the strong support zone, this will invalidate our bullish idea entirely. In that scenario, it’s best to stay patient and wait for a more favorable price action setup.
Stay disciplined, Paradisers! Remember, it’s all about waiting for the highest probability moves. Jumping in too early can cost you—so keep a close eye on how the price reacts around these key zones.
MyCryptoParadise
iFeel the success🌴
BNB’s Correction Could Trigger a Major Move—Are You Ready ?Yello Paradisers! Have you been keeping an eye on #BNBUSDT? If not, now’s the time to focus. BNB is currently in a corrective phase after its recent surge, and this pullback could be setting up a major opportunity for those who know when to strike. But timing is everything, and jumping in too early could be a costly mistake.
💎Right now, we expect BNB to follow a flat zigzag correction pattern of Elliott Wave. The price action shows signs of an imbalance (IMB) and a change of character (CHOCH), suggesting that we might see a further dip before the bulls take over again. You can switch to lower timeframes, like the 15-minute chart, to get a clearer validation of the wave structure. The key here is to wait for a bullish divergence on the RSI and MACD, which will signal that the correction is nearing its end and a rebound is likely.
💎The bullish order block (OB) between $582 -$577 is the crucial demand zone to watch. We anticipate BNB dipping into this zone before finding strong support for a potential upward impulsive wave. However, if BNB closes below this order block, the setup becomes invalid, and we could see further downside toward $560. It’s essential to remain patient and disciplined rushing in without confirmation could lead to unnecessary losses.
💎Once we get the bullish divergence, we expect BNB to target the $643-$646 supply zone in the next move. This could be a sharp and profitable rally for those who wait for the right signals. But remember, if the price closes below the bullish OB, it’s time to step back and reassess. Protecting your capital is just as important as making profits.
Be patient, stay focused, and let the market come to you. That’s how you secure long-term success in this game.
MyCryptoParadise
iFeel the success🌴
#CRV Ready for a Major Comeback | Bulls Making Their MoveYello Paradisers! Are you watching #CRVUSDT? If not, you might be missing out on a major move that’s about to unfold in the #CurveDAOToken ecosystem:
💎#CRV is currently trading within a descending channel, forming a classic A-B-C correction after its explosive five-wave rally (1-2-3-4-5). The price has reached a key support level around $0.40, which could act as a potential reversal zone if buyers step in. Indicators like RSI are showing signs of exhaustion, but confirmation is needed. If bullish divergence starts forming, it could trigger the next leg up.
💎Key resistance to watch is at $0.61. A breakout above this level will be the first confirmation that bulls are taking control, potentially leading to a strong rally toward the $1.20-$1.30 resistance zone. However, failure to reclaim this level could keep #CRVUSD stuck in consolidation, with further downside risks.
💎The $0.40 support is crucial because the bulls have stepped here multiple times to defend it. If #CRV finds support here and forms a strong bounce, we could see the beginning of a new bullish impulse. The next line of defense for the #CurveDAOToken sits around $0.219.
💎However, a daily close below $0.219 would invalidate the bullish setup, opening the door for a deeper drop toward lower lows. The bears would be in total control and would drag the price to lower support levels.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
#APEUSDT – Bullish Momentum DevelopingBYBIT:APEUSDT.P is trading near the local support zone around $0.7333, showing signs of potential upside movement. If the price holds above this level, a breakout towards higher resistance levels is likely. Should the bullish momentum continue, the price may reach $0.7478.
Volume remains moderate, but buyers appear to be accumulating positions. If the support at $0.7333 holds, an upward move toward the nearest resistance zones can be expected.
📊 LONG BYBIT:APEUSDT.P from $0.7333
🛡 Stop Loss: $0.7284
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:APEUSDT.P is holding the $0.7333 support zone, which could act as a base for further upside.
➡️ A breakout above this area may lead to a stronger bullish move toward key resistance levels.
➡️ The major resistance level is at $0.7478, where profit-taking may occur.
⚡ Plan:
➡️ Enter long from $0.7333 upon confirmation of demand.
➡️ Stop-Loss at $0.7284 to minimize risks in case of a breakdown.
🎯 TP Targets:
💎 TP1: $0.7390
🔥 TP2: $0.7444
⚡ TP3: $0.7478
📢 If the price holds above $0.7333, buying pressure may increase, leading to $0.7478.
📢 However, a breakdown below $0.7284 would invalidate the bullish scenario.
🚀 BYBIT:APEUSDT.P has bullish potential – expecting a move!
#DOGE READY TO EXPLODE OR BREAKDOWN? KEY LEVELS TO WATCHYello Paradisers! Are you paying attention to #DOGEUSDT? This setup looks too good to ignore. #Dogecoin is sitting at a make-or-break level:
💎#DOGE is currently in a corrective phase following its impulsive five-wave rally (1-2-3-4-5). The price has been consolidating inside a broadening descending channel, forming a classic A-B-C correction pattern. Right now, #DOGE is hovering around a major support zone between $0.1444 and $0.2024—a crucial area where buyers need to step in.
💎For bulls to take control, we need to see a breakout above the descending resistance. If #DOGEUSD manages to break out convincingly, the first target is $0.30, followed by a potential rally toward the strong resistance zone at $0.48-$0.60. But remember, if there is no breakout, there will be no bullish confirmation.
💎The support zones between $0.20-$0.14 are very important. What if #DOGE fails to hold support? The bullish setup will become invalid if the price breaks below the $0.14 level. This could open the door for a deeper drop, potentially pushing DOGE below $0.10, where the market would need to find fresh buyers to avoid a complete breakdown.
💎If RSI and MACD show bullish divergence near the support zone, this could signal the end of the correction and the start of a new impulse wave. But without this confirmation, the risk of further downside remains.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
LINKUSDT Ready to Explode or Fakeout Incoming? Don’t Get TrappedYello, Paradisers! Is LINKUSDT finally gearing up for a strong breakout, or is another shakeout coming? Let’s break it down.
💎LINKUSDT has been looking good after completing a double zigzag corrective pattern. The price has also formed a descending channel with a bullish divergence, signaling potential upward momentum. On the lower timeframes, we can spot a developing W pattern, but for a confirmed breakout, we need to see: A clean breakout above resistance & A candle closing above resistance with strong volume.
💎If the market sees further retracement or panic selling, a bounce from the key support zone is likely. However, to increase our probability of success, we’ll be watching for bullish I-CHoCH, a confirmed W pattern, or an inverse head and shoulders on lower timeframes.
💎If LINKUSDT breaks down and closes candle below support, the bullish setup will be invalidated. In that case, waiting for a better price action setup will be the smart move.
🎖 Patience and discipline are what separate pros from amateurs. Stick to high-probability setups and wait for confirmation. That’s how we win long-term!
MyCryptoParadise
iFeel the success🌴
Is ALGO Finally Bottoming Out? A Massive Move Could Be Coming!Yello, Paradisers! #ALGOUSDT is flashing major reversal signals, and if the pattern plays out, a big move could be on the horizon. Are the bulls finally ready to step in? Let’s break it down!
💎#ALGO has been stuck in an A-B-C correction pattern, with Wave A kicking off the downtrend, Wave B bringing a retracement, and Wave C completing the correction. But here’s where it gets interesting—ALGO is now showing signs of accumulation, hinting that bulls might be gearing up for the next impulsive wave.
💎To confirm the reversal, ALGO must break the $0.33 resistance. If bulls successfully push past this level, momentum could accelerate, sending price toward the descending resistance at $0.37. This is a pivotal breakout level, and clearing it would give bulls the strength to aim for the $0.46–$0.50 resistance zone—the 61.8% Fibonacci retracement, a historically strong level where major reactions tend to happen.
💎On the downside, ALGO has solid support at $0.265–$0.250, a key demand zone that bulls have defended since November 2024. As long as this support holds, the probability of a strong move higher remains intact.
Paradisers, as always, patience and precision are key in this market. This isn’t a time for reckless trades—let the levels guide you, trade strategically, and stay disciplined.
MyCryptoParadise
iFeel the success🌴