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Cryptoforecast

PENDLEUSDT - READY TO POP?Symbol - PENDLEUSDT PENDLEUSDT appears to be transitioning from a phase of prolonged consolidation into a potential distribution phase. The coin is currently testing a significant resistance level, the breakout of which could initiate a renewed upward movement. The price is exhibiting strength as it attempts to breach the upper boundary of the recent range. A sustained consolidation above the key level of 4.400 would suggest bullish continuation. Supportive macro conditions particularly the ongoing bullish momentum in Bitcoin are lending strength to the altcoin market. Should this trend persist, altcoins including PENDLEUSDT may follow suit, shifting from consolidation into broader distribution. Key Resistance Levels: 4.320, 4.400 Key Support Levels: 4.024, 3.622 Should the price confirm a breakout by holding above the critical resistance level, this would likely signal the beginning of a more aggressive upward move. In such a scenario, a potential target lies near the 4.800 level.
Long
by akshit_official
POLUSDT - GEARING UP OR GIVING UP?Symbol - POLUSDT POLUSDT is currently trading within a defined range, exhibiting a counter-trend rally amidst a broader downward trend. A significant liquidity zone lies ahead, which may influence price action in the near term. A distribution pattern has emerged following a period of consolidation within the 0.1929 - 0.1750 range. The potential realization phase of this distribution may encounter resistance and possibly halt between 0.2280 and 0.2438, This scenario would be supported by signs of price exhaustion or a false breakout within this zone. Despite the recent local strength observed in Bitcoin, POLUSDT remains fundamentally weak. On the daily timeframe, the asset continues to trade within a broader selling zone, suggesting the market is currently accumulating liquidity in preparation for a potential continuation of the downward movement. From a technical standpoint, the ongoing upward correction may conclude with a false breakout at the resistance levels of either 0.2284 or 0.2438, potentially triggering a retracement or reversal. Key Resistance Levels: 0.2284, 0.2438, 0.2465 Key Support Levels: 0.2061, 0.1929 Should the price approach these resistance levels at the current pace, market momentum may diminish, potentially leading to a corrective phase or even a reversal, in alignment with the prevailing macro trend.
Short
by akshit_official
NEIRO'S RESISTANCE RUN - IS A REVERSAL AROUND THE CORNER?Symbol - NEIROUSDT Among the limited number of digital assets currently exhibiting upward momentum, NEIROUSDT stands out. However, its primary drawback lies in its position near the lower boundary of its trading range. This suggests the potential accumulation of liquidity ahead of a further decline. NEIROUSDT is currently exhibiting signs of short-term strengthening, moving toward the upper resistance boundary of its consolidation range, while Bitcoin continues its corrective movement. A significant resistance and liquidity zone lies ahead at 0.000187, Any short-term gains could be undermined by a potential false breakout, followed by a reversal. It is important to note that the presence of a coin near its bottom does not preclude the possibility of further downward movement. There is still room for additional decline. Presently, the price remains confined within a consolidation range amidst a broader downtrend, with no convincing signs of recovery. The last upward move was met with considerable selling pressure, leading to a sharp pullback. Key Resistance Levels: 0.000187, 0.0002045 Key Support Levels: 0.000169, 0.000154 A false breakout above resistance, followed by a reversal toward the lower boundary of the range, is likely. Additionally, an extended consolidation near the resistance zone is not ruled out. During this phase, price may test the 0.00020 liquidity area before resuming its downward trend and potentially forming a new low.
Short
by akshit_official
OMUSDT - BULLISH MOMENTUM MAY PERSISTSymbol - OMUDST CMP - 7.2828 OMUSDT remains an attractive asset, with consolidation forming in a flag pattern within the prevailing bullish trend. OMUSDT continues to form consolidation within the uptrend, and growth may follow if the resistance at the local channel is broken. The price structure appears robust, especially in contrast to the generally weak performance of the altcoin market. Following Trump's speech yesterday, Bitcoin managed to surpass local resistance and entered the buying zone. If the price maintains a position above the 96.5K - 97K range and sustains its upward movement, certain altcoins may experience bullish momentum, which could propel them higher, including the already strong OMUSDT. From a technical standpoint, the focus is on the local descending flag channel, with two critical support levels at 7.324 - 7.213. A false breakdown at these levels could trigger a continuation of the upward movement. Key resistance: 7.755 Key support levels: 7.324, 7.213 The catalyst for continued growth lies in breaking through the channel boundary and the resistance at 7.755. Currently, the price is still distant from this zone and is approaching the support levels. A retest of the liquidity zone may culminate in a bullish impulse.
Long
by akshit_official
POPCATUSDT - TESTING RESISTANCE AMID BEARISH STRCTURESymbol - POPCATUSDT CMP - 0.3290 POPCATUSDT is currently testing trend resistance on the 4-hour timeframe. A rapid approach toward the upper boundary of the channel, accompanied by a false breakout, could lead to a correction or a continuation of the downward movement. The broader market trend remains bearish, and the short-term trend aligns with this overall downtrend. Bitcoin has yet to serve as a bullish catalyst for altcoins. Additionally, yesterday’s CPI & economic data exerted a negative influence on the market. The cryptocurrency community had high expectations for Trump, but his stance has shifted, leaving cryptocurrencies lower on his agenda. From a technical perspective, POPCAT is testing the resistance of the channel with a potential false breakout within the context of a prevailing downtrend. A sustained price consolidation below the 0.3220 level could signal further selling pressure. Key resistance levels: 0.3220 (sell trigger) Key support levels: 0.2386, 0.1596 While there remains a possibility of a retest of the correction channel resistance, bearish market conditions and the overall weak market sentiment suggest that the downtrend may continue.
Short
by akshit_official
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD FALL TILL 52500.BITCOIN SETUP TRADE WIH 1:5 RISK REWARD A good selling setup detected on BTCUSD It's showing a BEAR MOVE due to these reason there is so support beetween these two lable so it will easily fall till 52000 lable 1. It's BREAKING THE SUPPORT LABLE HERE 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram A good selling setup detected on BTCUSD It's showing a BEAR MOVE due to these reason 1. It's BREAKING THE SUPPORT LABLE HERE 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk there is so support beetween these two lable so it will easily fall till 52000 lable With a small amount Stay connected Stay happy Bande mataram
CRYPTO:BTCUSDShort
by tradergyan01
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