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TRX

TRON is going to the MOON? TRX Weekly forecast & Trading IdeasMidterm forecast: While the price is above the support 0.17000, resumption of uptrend is expected. We make sure when the resistance at 0.27260 breaks. If the support at 0.17000 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: A trough is formed in daily chart at 0.20100 on 02/03/2025, so more gains to resistance(s) 0.24740, 0.25800 and maximum to Major Resistance (0.27260) is expected. Take Profits: 0.24740 0.25800 0.27260 0.30099 0.33299 0.45000 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
5
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.
Long
by vagada
trx next bull**TRX Next Bull: Riding the Wave of Innovation and Growth** As one of the most dynamic cryptocurrencies in the digital asset space, **TRON (TRX)** continues to capture the attention of investors, developers, and blockchain enthusiasts worldwide. With its mission to decentralize the web and empower content creators, TRX is poised for its next bull run—a surge driven by technological advancements, strategic partnerships, and an ever-expanding ecosystem. ### Why TRX Could Be the Next Big Winner: 1. **Scalability and Speed**: TRON's high throughput and low transaction fees make it a preferred platform for decentralized applications (dApps), DeFi projects, and NFT marketplaces. Its ability to process thousands of transactions per second positions it as a leader in scalability. 2. **Growing Ecosystem**: From gaming and entertainment to finance and social media, TRX powers a diverse range of use cases. The rise of TRON-based dApps like BitTorrent, Sun Network, and JustLend showcases its versatility and adoption potential. 3. **Strategic Partnerships**: TRON has consistently forged alliances with global brands and institutions, enhancing its reach and credibility. These collaborations are instrumental in driving mainstream adoption and utility for TRX. 4. **Community Support**: Backed by a passionate and engaged community, TRX benefits from grassroots support that fuels innovation and adoption. This strong network effect amplifies its influence in the crypto sphere. 5. **Regulatory Clarity**: As regulatory frameworks around cryptocurrencies evolve, TRON's compliance-focused approach ensures it remains at the forefront of legitimacy and trust. 6. **Bullish Market Sentiment**: With increasing interest in blockchain technology and cryptocurrencies, TRX stands ready to capitalize on favorable market trends. Analysts predict renewed investor confidence could propel TRX to new heights. ### What to Watch For: - **Upcoming Upgrades**: Keep an eye on TRON’s roadmap for enhancements such as improved consensus mechanisms or Layer-2 solutions. - **Adoption Metrics**: Monitor user growth, transaction volumes, and dApp activity to gauge momentum. - **Market Catalysts**: Major announcements, institutional investments, or integrations into real-world industries could ignite the next bullish phase. The future looks bright for TRX as it cements its role in shaping the decentralized internet. Whether you're a seasoned investor or a newcomer exploring opportunities, TRX’s next bull run might just be the perfect time to join the revolution. Stay informed, stay agile, and get ready to ride the wave of innovation with TRON! 🚀
Long
by sepantamhd
1
Buy time: When supported around 0.2209 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (TRXUSDT 1D chart) The chart was broken due to the surge on December 3rd. - The Fibonacci ratio 1.902 (0.2135) ~ 2 (0.2217), where the surge began, is an important support and resistance area. Also, the M-Signal indicator on the 1W chart is passing around 0.2209, showing the role of important support and resistance. If the price is maintained around the 5EMA+StErr indicator and rises above the MS-Signal indicator, there is a high possibility that it will turn into a short-term uptrend. However, since a high boundary zone is formed in the 0.2543-0.27 section, it is important to see whether this section can be broken upward. Therefore, if possible, I think it would be good to buy when the MS-Signal indicator approaches 0.2209 and shows support near 0.2209. The reason is that it plays the role of a trend reversal based on the MS-Signal (M-Signal on the 1D chart) indicator. In other words, it plays the role of support and resistance. - If it falls based on the Fibonacci ratio 1.902(0.2135) ~ 2(0.2217) section, 1st: Fibonacci ratio 1.618(0.1888) ~ 0.1967 2nd: 0.1567-0.1712 You need to check whether there is support near the 1st and 2nd sections above. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire section of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the upward trend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the upward wave. The Fibonacci ratio on the right is the Fibonacci ratio of the upward trend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you to decide how to view and respond to this. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
TRX/USDT 1H: Distribution in Premium Zone – Downside to $0.2150?TRX/USDT 1H: Analysis 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates! Market Condition: Price consolidating at $0.2220, maintaining a bearish bias with a distribution pattern evident. RSI at 42.17 showing hidden bearish divergence, aligning with continued selling pressure. Market Makers actively distributing within the $0.2230-$0.2250 zone. Key Levels: Resistance: $0.2250 (Fair Value Gap - FVG). Support: $0.2200 (weekly low). Critical Support: $0.2150 (major liquidity level). Trade Setup: Entry Zone: $0.2230-$0.2240. Targets: T1: $0.2200 (near-term support). T2: $0.2150 (critical liquidity level). Stop Loss: Above $0.2265 (clear invalidation). Risk Score: 8/10 – Tight range offers favorable R:R, but high risk due to volatility near key levels. MM Behavior: Distribution phase evident at premium levels ($0.2230-$0.2250). Likely targeting liquidity below $0.2200, with potential sweep of lows before any meaningful reversal. Recommendation: Wait for entry at resistance levels between $0.2230-$0.2240. Avoid chasing current price. Maintain tight stops at $0.2265 to limit risk. Downside bias suggests further movement toward $0.2150 before potential reversal. Confidence Level: 7/10 – Bearish structure supports further downside, but key levels require monitoring for reversals. 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Short
by Cryptokijker
TRX/USDT 1H: Smart Money Accumulation – Breakout Incoming?!TRX/USDT 1H Chart Analysis 🚀 Follow me on TradingView if you respect our charts! 📈 Current Market Structure: Price at $0.22875 showing equilibrium after recent selloff. RSI recovering from oversold conditions, currently at 54.77. Clear bearish breaker zone at $0.24000. Premium zone identified at $0.25500. Smart Money Concepts: Market Makers accumulated in the discount zone ($0.20000-$0.20500). Hidden bullish divergence forming on RSI, suggesting momentum shift. Liquidity pools likely targeted above $0.24000. Key Levels: Entry Zone: $0.22800-$0.22900 Targets: T1: $0.24000 (Breaker Zone) T2: $0.25500 (Premium Zone) Stop Loss: Below $0.21500 (structural invalidation). Risk Score: 7/10 – Moderate risk with favorable risk-reward ratio. Market Maker Intent: Accumulation phase at discount zone nearly complete. Expecting upward continuation toward premium zone at $0.25500. Watch for strong reactions at $0.24000 as first liquidity target. Recommendation: Long positions favorable in the $0.22800-$0.22900 range. Monitor volume confirmation above $0.24000 to strengthen bullish bias. Maintain tight stops below structural invalidation. Confidence Level: 8/10 for bullish continuation toward premium zones. 🚀 Follow me on TradingView if you respect our charts! 📈
Long
by Cryptokijker
TRX/USDT 1H: Discount Zone Accumulation – Ready for a Bounce?TRX/USDT 1H Chart Analysis 🚀 Follow me on TradingView if you respect our charts! 📈 Current Market Structure: Bearish trend with strong selling pressure still dominant. Hidden Bearish Divergence confirmed on RSI vs price action from Jan 31 to Feb 2. Price currently sitting at $0.2285, testing key support level. Smart Money Activity: Market Makers engineered a move to $0.2560 (premium zone) before aggressive distribution. Current phase suggests accumulation may be starting at discount zone. Liquidity hunt below $0.2300 could be part of MM strategy before reversal. Key Levels: Entry Zone: $0.2285 - $0.2290 (support zone). Targets: T1: $0.2420 (previous equilibrium). T2: $0.2540 (FVG fill). Stop Loss: Below $0.2260 (recent swing low). Risk Score: 7/10 (Moderate risk – favorable R:R setup). Market Maker Intent: MM appears to be accumulating at current levels for a potential bounce play. Volume profile suggests liquidity building up in the discount zone. Wait for confirmation of higher timeframe support holding before entering longs. Recommendation: Long positions are favorable within the $0.2285 - $0.2290 range. Maintain tight stops below $0.2260 for risk management. Monitor price action for confirmation of bullish structure before entering. Confidence Level: 7/10 for potential reversal play. 🚀 Follow me on TradingView if you respect our charts! 📈
Long
by Cryptokijker
4
TRX/USDT 1H: Bulls Eyeing $0.2700 After Breaking Key LevelsTRX/USDT 1H Chart Analysis (SMC Principles) 🚀 Follow me on Tradingview if you respect our charts 📈 Current Price: $0.2588 Market Structure: Bullish momentum after breaking above the POI at $0.2500. RSI: 63, indicating moderate bullish momentum without overbought conditions. Key Levels: Support: $0.2500 (flipped from resistance). Resistance: T1: $0.2650 (Premium zone). T2: $0.2700 (Weekly high). Equilibrium: $0.2550. Trade Setup (Confidence Level: 8/10): Entry Zone: Current price ($0.2588) or pullback to $0.2550. Targets: T1: $0.2650 T2: $0.2700 Stop Loss: Below $0.2480 (recent POI). Risk Score: 7/10 (moderate risk due to extended move). Market Maker (MM) Analysis: Heavy accumulation visible at $0.2450-$0.2500. Current phase shows distribution with sustained buying pressure. No significant divergences on RSI, supporting continued bullish movement. Recommendation: Long position recommended at current levels or on pullback to $0.2550. Monitor consolidation near $0.2600 for breakout confirmation. Maintain tight risk management to protect against potential pullback. Confidence Level: 8/10 for bullish continuation. 🚀 Follow me on Tradingview if you respect our charts 📈
Long
by Cryptokijker
Public trade #15 - #TRX price analysis ( Tron )Earlier we wrote that if you want a stable crypto deposit growth, then invest in CRYPTOCAP:TRX And although the fate of the project, roughly speaking, depends on one person, this person loves his creation!) 📊 Instead of a thousand words, just compare what happened to the alts in 2020 or 2022 and how stable the course and price vector of OKX:TRXUSDT was. So, if you don't have #Tron in your investment portfolio yet, you should probably buy it at around $0.23. And buckets for “what if” in the range of $0.165-0.18 💰 Justin Sun - Just do it - #TRX to $1.7 !) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
3
TRXUSD: Trapped between the 1D MA50 and MA100. Decision time.Tron is naturally neutral on its 1D technical outlook (RSI = 54.705, MACD = -0.006, ADX = 21.441) as it is on consolidation mode, ranging between the 1D MA50 and the 1D MA100. With the 1D RSI signalling a reversal, as long as the 1D MA100 holds, we expect the next bullish wave to start once the 1D MA50 breaks. Target the R1 level (TP = 0.45150). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:TRXUSDLong
by InvestingScope
2
World Liberty Finance Invest $109M Fuelling TRX SurgeWorld Liberty Financial (WLFI) has shaken the crypto market with a $109.1 million investment across six major cryptocurrencies, including $4.7 million in TRX. This move has propelled TRX to a 5.12% gain, igniting discussions about its potential to reach $1. Here’s a closer look at the technical and fundamental factors driving this momentum. Institutional Confidence in TRX World Liberty Financial’s Diversified Investment WLFI allocated $14.1 million to TRX, AAVE, and LINK, completing transactions within 20 minutes. This strategic diversification underscores the fund’s confidence in leading blockchain networks like TRON. The acquisition of 19.3 million TRX caused an immediate price surge of 3.2%, pushing TRX to $0.244. TRON DAO’s Growing WLFI Holdings In parallel, TRON DAO, led by Justin Sun, increased its holdings in WLFI tokens by investing $15 million to acquire an additional 1 billion tokens. With total holdings now at 3 billion WLFI ($45 million), TRON DAO’s commitment signals strong institutional support for the TRON ecosystem. Justin Sun’s announcement of plans to raise TRON DAO’s WLFI investment to $75 million has further fueled market optimism. Market Reactions and Trading Volume Spikes The broader market reacted swiftly to WLFI’s investments, with significant trading volume spikes reported on Binance, Coinbase, and Kraken. Large transactions and active addresses surged on the TRON and Ethereum blockchains, reflecting heightened interest in these assets. Technical Analysis: TRX’s Path to $1 CRYPTOCAP:TRX is currently trading within a concealed rectangular consolidation pattern, up 5.12% on the day. The Relative Strength Index (RSI) stands at 51.87, indicating that CRYPTOCAP:TRX has sufficient room to build momentum and target higher levels. Support and Resistance Levels - Support Zone: TRX’s support lies at its 1-month low, a critical level to monitor. A break below this could signal bearish sentiment. - Resistance Zone: The 1-month high acts as the immediate resistance. A successful breakout above this level could pave the way for significant gains. Volume and Momentum The recent surge in trading volume highlights strong buying interest, providing a solid foundation for TRX’s upward trajectory. The RSI’s neutral stance suggests that the asset is neither overbought nor oversold, allowing for potential upward movement. Comparative Market Trends ETH, AAVE, and LINK Movements WLFI’s investments have also impacted ETH, AAVE, and LINK. ETH’s trading volume surged 117%, contributing to a 9% price rally over the past week. Similarly, AAVE and LINK gained 6% and 2.7%, respectively. These trends indicate a broader bullish sentiment in the market, which could further benefit TRX. Meme Coin Dynamics Interestingly, the Trump family’s ventures into meme coins have also influenced market behavior. The MELANIA coin’s surge to $13 and a $2 billion market cap within hours highlights the high volatility in the space. CRYPTOCAP:TRX , however, remains relatively stable, reflecting its growing institutional appeal. Conclusion: Is $1 Achievable for TRX? With robust institutional backing from WLFI and TRON DAO, TRX is well-positioned for further growth. The combination of technical consolidation and fundamental confidence supports a bullish outlook. While challenges remain, the $1 milestone appears increasingly attainable, especially if TRX can break above its resistance levels and sustain the momentum. Investors should keep an eye on key support and resistance zones, as well as broader market trends, to gauge TRX’s next moves. As institutional investments continue to flow, TRX’s journey to $1 could become a reality sooner than expected.
Long
by DEXWireNews
tron (TRX)trx usdt daily analyses time frame 4 hours risk riwards ratio > 3.5 (woooow) ****** ( My condolences to those who lost their lives in the California fires.) ******* there is no volume in the market yet. RSI is in the bottom of chart price is in the down side of triangle and sellers couldn't break the support line ( 0.225$) I set LS on the down of another support line on 0.195$ if we hear a good news about cryptocurrency market or tron , maybe a pump happens and good benefit for traders. be careful for stop hunters. in this situations
Long
by Habib-Tafazoli
1
Fresh Demand Zones Hold the Key - Don't Get Caught in the Hype! TRXUSDT: Fresh Demand Zones Hold the Key - Don't Get Caught in the Hype! 🔑📉 Key Insights: Ignore the Big Rally: Using the recent major upswing for analysis may not yield actionable insights. Fresh Demand Matters: Focusing on the first untested fresh demand zone gives a stronger foundation for entries. Low Time Frame Strategy: When price reaches these zones, shift to lower time frames and look for upward market structure breaks. This approach leads to better risk-to-reward ratios and higher success rates. Why This Works? Fresh zones often attract institutional interest, making them ideal for precision entries. By combining these zones with lower time frame analysis, you minimize risk and maximize reward. Pro Tip: Don’t let emotions take over during large price moves—stick to the plan, and let the chart guide you. Enjoyed this insight? Boost, comment, and follow for more strategies to dominate the charts! 🚀 Let me tell you, folks, this is amazing. Nobody does analysis like I do. Believe me. If this helps you, don't forget to boost and comment! It’s a big deal, motivates me to share even more winning insights with you. Tremendous insights. I keep my charts the best, clean, simple, and clear. You know it, I know it, clarity leads to better decisions. No question about it. My approach? Built on years of tremendous experience. Incredible track record. I don’t claim to know it all, but I spot high-probability setups like nobody else. Trust me. Want to learn how to use the heatmap, cumulative volume delta, and volume footprint techniques I use to determine demand regions with stunning accuracy? Send me a private message—totally free, folks. That’s right. I help anyone who wants it, absolutely no charge. Unbelievable value. Here’s the list, long list, great list, of some of my previous incredible analyses. Each one, a winner: 🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction 📊 BTC.D: Retest of Key Area Highly Likely And that’s just the start. The list goes on and on, folks. It’s a tremendous list, the best. I stopped adding because, frankly, it’s tiring. So many wins. People are amazed. You can check my profile and see for yourself, winning moves, all the time. Believe me, nobody does it better.
Long
by XU99
I Cannot Short This !!! situation+next targets.The price is within an ascending wedge and this can be a bullish signal for TRON. However, we need to wait for this wedge to be broken and then wait for the price to rise. Currently, the price can be bearish because more funds have been injected into Bitcoin to allow Bitcoin to find more stability in the coming days. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
Ethereum’s Resilience Amid Justin Sun’s $143M ETH Sell-OffEthereum ( CRYPTOCAP:ETH ), the second-largest cryptocurrency by market capitalization, faces a challenging period as Tron's Justin Sun continues his massive ETH sell-off. Despite these bearish signals, Ethereum has managed to hold a critical support zone, maintaining market confidence. Let’s delve into the technical and fundamental aspects of the current ETH landscape. Justin Sun’s ETH Selling Spree: A Bearish Catalyst Justin Sun, the founder of Tron, has been systematically reducing his Ethereum holdings. Recent blockchain analytics reveal that Sun sold 39,999 ETH (worth $143 million) via Lido Finance and EtherFi, subsequently depositing the proceeds into HTX. Since November 10, Sun has offloaded a total of 108,919 ETH, valued at $400 million, at an average price of $3,674. With 42,904 ETH ($139 million) still in the process of unstaking, more selling pressure could loom on the horizon. These actions have amplified concerns among investors, with Ethereum experiencing a 17% dip after failing to breach the $4,000 resistance level. Analysts predict further downside potential, with prices possibly dropping below $3,000 before any significant recovery. Ethereum’s Technical Outlook - Price: $3,347.81 (up 2.13% intraday) - Relative Strength Index (RSI): 40.88, indicating weak momentum but improving from a recent low of 35. - On-Balance Volume (OBV): Stable, suggesting buying pressure has not fully diminished. Ethereum is currently trading in a consolidation zone, showing resilience despite external pressures. Immediate support lies near the one-month low of $3,100, a critical level for maintaining bullish sentiment. Resistance Levels - Key Resistance: $3,700 (short-term breakout zone). - Ultimate Resistance: $4,000 (bullish threshold for a sustained rally). Breaking above $3,700 could signal a bullish reversal, while a move past $4,000 would reinforce Ethereum’s upward trajectory. Bearish Factors - Whale Activity: Continued sell-offs by major holders like Justin Sun. - Market Sentiment: Bearish outlook fueled by Ethereum’s inability to hold $3,500 support. Bullish Indicators - Resilient Buyers: Recent buyers remain in profit, offering support to the market. - Volume Analysis: Despite low weekend trading volume, the market has shown signs of consolidation. Market Sentiment and Outlook Ethereum’s price action reflects a market grappling with external pressures and internal resilience. While Sun’s sell-off has intensified bearish sentiment, Ethereum has managed to stabilize above critical support zones. Short-Term Prediction - If selling pressure persists: Ethereum may test $3,000 support. - If bullish momentum builds: Breaking $3,700 could lead to a retest of the $4,000 level. Conclusion Ethereum remains at a pivotal point. While whale sell-offs, particularly from Justin Sun, pose challenges, the technical outlook shows signs of stability and potential recovery. For traders, monitoring key levels—$3,000 for support and $3,700-$4,000 for resistance—is crucial in navigating this volatile phase. As the crypto market matures, Ethereum’s ability to weather external pressures will define its long-term value proposition. Stay informed and prepared for both opportunities and risks ahead.
BINANCE:ETHUSDLong
by DEXWireNews