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TradeCityPro | PEPE: Testing Resistance for a Potential Breakout👋 Welcome to TradeCityPro! In this analysis, I’ll review PEPE, one of the most popular meme coins in the crypto space. This analysis focuses on the daily timeframe. 📅 Daily Timeframe: Consolidation and Breakout Potential On the daily chart, the price has been consolidating within a long-standing range between 0.00000658 and 0.00001668. After breaking through the 0.00001292 resistance, significant volume and momentum entered the market, leading to a breakout above 0.00001668. 🧩 Currently, the price has formed a peak at 0.00002386, which it is now testing for the second time. A successful breakout above this level could spark a new bullish move. ✅ Based on monthly pivot points, the next targets for this upward movement would be 0.00002821 and 0.00003622. If the bullish momentum continues, the subsequent targets would be 0.00004647 and 0.00005448. 📈 If RSI stabilizes above the 70 level and buying volume resurges, the likelihood of breaking 0.00002386 increases. 📉 Support Levels in Case of a Pullback 🔽 The first key support is at 0.00001668, which has already been tested once during a correction. 🔴 If the price continues to decline, the next support level would be 0.00001292. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
14
1INCH/USDTBINANCE:1INCHUSDT 1INCH is your favorite coin, and it’s currently showing potential to hit resistance levels at **$0.61114** and **$0.6854** 🚀. If the price doesn’t hold these resistance levels, it could face a pullback, with support zones at **$0.500** and **$0.4333** 🛑. Here's a more detailed breakdown: 1. **Resistance Levels:** - The **$0.61114** and **$0.6854** levels act as strong resistance zones, meaning the price may face difficulty moving above these levels. If 1INCH breaks through these levels, we could see further bullish momentum 🚀. - These levels will be important for anyone looking to trade or anticipate price action—watch closely to see if it can hold above them. 2. **Support Levels:** - If the price falls below the resistance and starts to decline, **$0.500** and **$0.4333** are key support zones where the price could find buying interest 🛑. These levels could act as a safety net, helping to prevent a larger drop. - If the price holds at these support levels, there’s a chance for a bounce and upward movement, potentially setting up for a move toward the resistance levels again. *Not financial advice* 💡📊
Long
by Wolftrader1337
Solana Hits Previous High And Something Else.Traders, In the same day that BTC has almost tagged 100k, Solana has hit its previous high. But there is something else showing me that Solana will have a tough time moving higher from here. It's that blue trendline. That started all the way back in mid-October of last year. Solana had remained above it until June of this year when the market could confirm that Bitcoin was going to continue its sideways to down price action until U.S. election time. The day after the election, as I expected, Solana broke its channel to the upside. It has now catapulted to its previous high on rumors of ETF filings today. But its run straight into the intersection of our blue trendline with the level of the previous high, making this area of confluence remarkably difficult for the bulls to beat. Will these ETF rumors be a sell the news event? I mean, you have to know that big money and insiders already knew. I expect them to dump on retail like they always do, take some profits, and then re-enter once retail knows they've been had again and start to fold. I can see the price coming back down to $205 or so. But Solana is white hot riding on the back of meme coins lately, so it's also possible that we just ride under the $260 price for a week or two accumulating before making any more big moves up or down. I don't have strong conviction with either option but I do believe the least likely scenario is the third option, a straight breakthrough of our previous high. ✌️ Stew
COINBASE:SOLUSDShort
by stewdamus
1
Dogecoin's Bull Cycle: From 88% Support to New ATHIn this video, we revisit Dogecoin's price action since 2022, highlighting key reversal patterns such as spinning tops, hammers, and engulfing candles that signaled a robust support at the 88% structural level. Following a healthy retest, DOGE has surged, aligning with our bullish projections. The recent appointment of Elon Musk to lead the Department of Government Efficiency (DOGE) by President-elect Donald Trump has further invigorated market sentiment, potentially propelling Dogecoin toward its previous all-time high and beyond, with a second take-profit target around $1.30. Join me as we analyze these developments, discuss strategic entry points, and explore the implications of institutional involvement and market cycles on Dogecoin's trajectory.
Long
by PlutusX
Gala/UsdtBINANCE:GALAUSDT INDEX:GALA / USDT - Weekly breakout candle in preparation! Growth potential is INSANE! 🚀 Prices could fly toward $0.1050 - $0.1100 🛫, which corresponds to the trend resistance! (W) ⚠️ Key support that will probably be retested to confirm the breakout: $0.0500 - $0.0520 📉 (I'll set buy orders around that zone)!! I prefer to not FOMO on a full green candle. 🐸 You know, patience = profits 💰 🐸 (not financial advice). Not Financial advice
Long
by Wolftrader1337
4
Peanut the Squirrel | Forget Dogs, It's Squirrel Season!Wen Squirrels Take Over Binance: The Rise of 'Peanut' in the Crypto Jungle Binance’s listing approach continues to surprise, recently bypassing several billion dollar meme coins in favor of two niche, lowcap tokens.the latest additions, “Peanut the Squirrel” and “Act I: The AI Prophecy”, have seen substantial growth post listing. Could this indicate that Binance plans to list more meme coins as the current bull market continues? Binance Listing Fees Drama Listing on Binance is typically costly, yet the major crypto exchange has waived fees for PNUT and ACT, simplifying the process for new projects. Co founder Yi He disclosed on X that the listings were free for both tokens, shortly after a debate on the platform where he was accused of charging excessively for listings. The free listings came as a surprise to the market! Before their listings, PNUT’s market cap was $123 million, while ACT’s was only $20 million. In choosing these tokens, Binance passed over larger-cap alternatives. In September, it similarly opted for the lower-cap "First Neiro On Ethereum" over the more established "Neiro Ethereum," citing a preference for community-driven, organic projects. Since their listings, both PNUT and ACT have experienced rapid price increases. Peanut the Squirrel’s price is currently $0.83, an 90% gain over the past 24 hours. Its all time high of $0.90 was reached on November 13, 2024, putting it just 5% below that peak. With a circulating and max supply of 999.86 million tokens, PNUT’s trading volume over the past 24 hours is $1.27 billion, making Binance its most active exchange. It holds 0.03% of the total crypto market, with a market cap of $804.81 million.
Long
by moonypto
First Neiro On Ethereum | NEIRO, Memes & Moontober Its Moontober and Neiro is 500% up since our first call so it's time to take a closer look at this rising star! On chain analysis shows that four major entities are holding considerable amounts of NEIRO, Alongside Wintermute, which has gained attention for its trading activities, three other notable market makers and a venture capital firm with large NEIRO holdings In addition to Wintermute, three other MMs and one VC are holding significant amounts of NEIRO_ETH in their wallets: – GSR: 15M – Toka_Labs: 5.114M – Auros_Global: 3.6M – Arrington: 5.107M The accumulation of NEIRO by prominent market makers and VC firms shows growing confidence in the token's potential. These sizable holdings could indicate that these entities are strategically positioning themselves for future market activity or price increases Investors and traders are expected to keep a close eye on NEIRO as these key players continue to maintain large stakes. The token's impressive price performance suggests it could attract even more trading interest from both institutional and retail investors like coinbase thinking why we don't make money while binance loads memes Currently, Neiro is priced at $0.0021, marking a 40% increase over the past 24 hours The circulating supply of Neiro is 420.69 billion tokens, which is also the maximum supply Neiro’s 24hour trading volume stands at $ 725 million, and it is traded across 22 markets and 17 exchanges, with Binance being the most active ( CZ is back babe! ) Neiro currently holds a 0.05% share of the entire cryptocurrency market, with a market capitalization of $911 million which is damn good One thing to watch out for: there are several fake cash grab Neiro tokens on various blockchains. So, when purchasing Neiro from DEXs, make sure to double check the contract address to avoid getting scammed Stay vigilant!
Long
by moonypto
SNEK Soars 632%: A Closer Look at Cardano's Rising Meme StarIn the volatile yet exciting world of cryptocurrencies, $SNEK has emerged as a standout performer on the Cardano blockchain, experiencing an astounding surge of over 632% within just one month. This isn't just another memecoin; $SNEK has carved a unique niche for itself, intertwining community engagement with innovative tokenomics. What Is $SNEK? $SNEK positions itself not merely as a digital asset but as a cultural phenomenon within the web3 community. Launched during a bear market, its journey from obscurity to becoming one of the most traded tokens on Cardano exemplifies the power of community and meme culture in the crypto space. Here's what sets $SNEK apart: Community-Driven Growth: Unlike many cryptocurrencies that rely on utility or technological innovation, $SNEK has thrived on its vibrant community, fostering unity and excitement across the Cardano ecosystem. Deflationary Mechanics: With an initial supply of 76,715,880,000 tokens, $SNEK introduced multiple burning mechanisms. These actions systematically reduce the circulating supply, theoretically increasing value as scarcity grows, appealing to both holders and speculators. Fundamental Analysis Market Presence: Currently, $SNEK holds a market cap of $601,308,462, ranking it well within the top cryptocurrencies by market capitalization. Its ambition to reach a billion-dollar market cap is not just speculative but seems grounded in its rapid growth trajectory. Exchange Listings: The availability of $SNEK on prominent exchanges like MEXC, Bitget, and BitMart significantly enhances its liquidity and accessibility, crucial factors for trading volume and price stability. Community and Ecosystem Impact: $SNEK serves as a bridge for new users into the Cardano ecosystem, promoting engagement and potentially increasing transaction volumes on the network, which could benefit other Cardano-based projects. Technical Analysis Price Movement: The token has shown a staggering 636.85% increase over the last month, with a recent 5% uptick. This indicates strong buying interest, yet also suggests the need for a potential consolidation or correction to stabilize its price. Indicators: RSI (Relative Strength Index): At 68, $SNEK is not yet in overbought territory, suggesting there might be more room for upward movement before a significant correction. Volume: Increased trading volume aligns with price surges, indicating active market participation and potential for continued interest. Trend Analysis: The long-term trend for $SNEK has been bullish, but after such a rapid ascent, a period of consolidation could be expected, allowing for a healthy market adjustment. Challenges and Considerations Sustainability: While the surge is impressive, sustainability in price growth beyond meme status requires broader utility or integration into real-world applications or DeFi projects. Market Volatility: Memecoins are particularly susceptible to speculative trading, which can lead to high volatility. Investors should be wary of entering based on hype alone. Regulatory Risks: As with all cryptocurrencies, regulatory changes could impact memecoins like $SNEK, especially concerning how token burns or other deflationary mechanisms are viewed legally. Conclusion $SNEK's meteoric rise on Cardano not only highlights the memecoin market's potential but also underscores Cardano's growing ecosystem. The blend of community engagement, innovative tokenomics, and significant market performance makes $SNEK a compelling case study in modern cryptocurrency dynamics. However, potential investors should consider both the technical indicators suggesting possible consolidation and the fundamental aspects like community strength and market cap aspirations. As with any investment, due diligence and an understanding of market sentiment are key.
Long
by DEXWireNews
TURBO - Bullish Chart - Breakout & ATHHello Traders Today I share my opinion about the TURBO coin. The chart looks very bullish and is preparing to breakout soon. Once this breaks out I think we will get a new all time high shortly after. Support area: 0.007$ area Resistance: 0.01$ area & 0.012$ area If we breakout the triangle and flip the 0.01$ resistance I believe this will pump a lot. Another important thing is that this coin is still not listed on coinbase so this would be a potential reason for a massive price increase.
Long
by StackingCash
1000RATSUSDT: Breakout Watch – Will Bulls Take Charge ?!?!?!?!?!This chart shows a potentially bullish setup but with important caveats to consider: - The **Parabolic SAR (PSR)** has flipped green, signaling bullish momentum. - The price is trading above the **200-day MA**, a strong indicator of a potential trend reversal. However, this signal will be more significant if confirmed by today's **daily close**. The **descending trendline resistance** remains intact and is yet to be broken. A breakout above this trendline would confirm further bullish continuation and strengthen the overall setup. **Oscillators** add further insight: - The **RSI** is above 50, suggesting growing positive momentum but still leaving room for a stronger move. - **CMF** has turned positive, indicating buying pressure and healthy money flow. - **OBV** is trending upward, showing steady accumulation and reinforcing the bullish outlook. While the current setup offers an **entry signal** based on the PSR and 200-day MA, traders should watch for a breakout above the descending trendline for stronger confirmation. Volume will also play a critical role in validating any breakout.
BYBIT:1000RATSUSDT.PLong
by vagada