After a sharp drop, BTC is moving sideways and forming a harmonic reversal setup. If this structure plays out, Bitcoin could aim for the $80K–$82K range.
🔹 Key Support: $60,000 – aligned with the 61% Fibonacci retracement. A positive reaction here signals sellers losing strength and buyers stepping in. 🔹 Pattern in Play: The middle stage of the harmonic structure is forming. A successful completion could trigger the “D wave,” pushing BTC toward previous resistance around $80K. 🔹 Caution Zone: A clear break below $60K invalidates the bullish setup and opens the door to further downside. 🔹 Volume Matters: Rising volume alongside price strengthens the case for a recovery. Weak volume may only result in a temporary bounce.
💡 Bitcoin is at a critical technical turning point. Holding support keeps the short- to mid-term recovery scenario alive; losing it shifts the focus back to caution.
A top derivatives trader has made a strategic move amid early signs of market recovery.
🔹 In the last 12 hours, the whale wallet began closing short positions on $HYPE and $XMR.
🔹 This action brought an estimated $3.10 million profit, highlighting the effectiveness of their recent short-selling strategy.
🔹 When major players close shorts, it often acts as a price support signal. $HYPE responded strongly with +8.13%, while $XMR shows a modest gain of +0.58%.
As whales take profits and exit shorts, downward pressure eases, possibly hinting at a short-term bottom for $HYPE.
⚠️ This is for informational purposes only and not financial advice. Always research before trading.
$ZIL is showing strong bullish momentum, currently trading at 0.00465, up +12.86%. The price is above its short-term (MA7: 0.00450), mid-term (MA25: 0.00438), and long-term (MA99: 0.00437) moving averages, signaling an uptrend.
Immediate resistance is near 0.00477–0.00481, while support lies around 0.00430–0.00447.
The 24h volume of 875.96M $ZIL indicates healthy participation, supporting continuation if buying pressure persists.
Short-term momentum favors bulls, but a minor pullback near resistance is possible before further upside. #ZILUSDT
$USELESS is showing strong bullish momentum, currently trading at 0.03331, up +11.26% on the day.
The price is above the short-term (MA7: 0.03377) and mid-term moving averages (MA25: 0.03247, MA99: 0.03240), indicating upward pressure.
Support lies around 0.032–0.031, while immediate resistance is at the 0.0353–0.0356 zone. The 24h volume of 221.93M USELESS suggests strong participation, favoring continuation if buyers remain active.
On shorter timeframes (15m–1h), momentum is bullish but watch for potential pullbacks near resistance.
$ASTER is showing bullish momentum as it maintains strength above key short-term moving averages, signaling strong buyer interest.
Price action suggests a potential continuation of the uptrend, with support likely near recent swing lows and resistance at prior highs.
Overall, the coin is in a bullish phase, favoring holders, though short-term pullbacks could appear before further upside. #ASTER #ASTERUSDT #TechnicalAnalysis
$BANANAS31 is currently trading around $0.004289, showing mild bearish pressure with a -2.17% decline.
Price is slightly below MA(25) at $0.004409 and MA(99) at $0.004373, while near MA(7) at $0.004361, indicating short-term consolidation within a weakening trend.
Immediate resistance is around $0.00448–$0.00456, while key support lies near $0.00420–$0.00413, which may help stabilize price.
Overall, the structure is neutral to slightly bearish, with sideways movement likely unless price breaks decisively above resistance or below support. #BANANAS31 #BANANAS31USDT #TechnicalAnalysis
$BCH is currently trading around $514.3, showing mild bearish pressure with a -1.1% decline.
Price is slightly below MA(25) at $514.7 and MA(99) at $521.8, while holding near MA(7) at $513.3, suggesting short-term consolidation within a weakening trend.
Immediate resistance is near $521–$529, and key support lies around $504–$508, which could act as a buffer for further downside.
Overall, the structure is neutral to slightly bearish, with sideways movement likely unless a decisive breakout above resistance or breakdown below support occurs.
$POWER is trading around $0.412, showing strong bullish momentum with a +9% surge after bouncing from the $0.336 support zone.
Price is well above MA(7), MA(25), and MA(99), indicating a strong short-term uptrend and buyer dominance.
Immediate resistance lies near $0.435–$0.448, while key support zones are at $0.393–$0.336.
Overall, the structure is bullish, with momentum favoring further upside, though minor pullbacks or consolidation may occur after the recent sharp rally.
$ENA is trading around $0.1168, showing moderate bullish momentum with a +3.7% gain.
Price is slightly below MA(7) at $0.1172 but above MA(25) at $0.1140 and near MA(99) at $0.1165, indicating short-term consolidation within a bullish trend.
Immediate resistance lies around $0.119–$0.121, while key support is near $0.114–$0.113. Overall, the structure suggests neutral-to-bullish bias, with potential for minor upside continuation if price breaks above the short-term resistance.
$C98 is trading around $0.0320, posting a strong +12% gain after bouncing from the $0.0270 support zone.
Price is firmly holding above MA(7), MA(25), and MA(99), confirming a short-term bullish trend with improving momentum.
The recent high near $0.0348–$0.0353 acts as immediate resistance; a breakout above this zone could open room for further upside continuation. On the downside, $0.0300–$0.0290 now serves as key support.
Overall structure is bullish with momentum favoring buyers, though minor pullbacks are possible after the recent spike. #c98
$BERA is currently trading around $0.777 after an explosive +44% rally, marking strong bullish momentum.
Price recently hit a high near $1.53, followed by a sharp pullback — indicating profit-taking after an aggressive breakout.
Despite the retracement, price remains well above MA(25) and MA(99), confirming the broader short-term trend is still bullish, though it has slipped below MA(7), showing short-term weakness.
Immediate support lies around $0.67–$0.63, while recovery above $0.87 could signal renewed upside momentum.
Overall structure remains bullish but highly volatile, with potential consolidation before the next move.
$SKL is trading around $0.00736, showing strong bullish momentum with a +20% surge after breaking above previous consolidation.
Price is holding well above MA(7), MA(25), and MA(99), confirming short-term trend reversal and buyer dominance.
The recent high near $0.00796–$0.00806 acts as immediate resistance; a clean breakout above this zone could extend gains further.
On the downside, $0.00680–$0.00645 now becomes key support.
Overall structure is strongly bullish in the short term, but after a sharp rally, minor pullbacks or consolidation are possible before continuation. #SKL
$XRP is currently trading around $1.394, showing mild bullish momentum after bouncing from the $1.34 support zone.
Price is holding above MA(7) and MA(25), which signals short-term strength, but it remains slightly below the MA(99) at $1.410, acting as immediate dynamic resistance.
A strong breakout and close above $1.41–$1.43 could trigger further upside toward higher resistance levels, while rejection from this zone may push price back toward $1.37–$1.34 support.
Overall structure is neutral to slightly bullish, with breakout confirmation needed for sustained upward continuation. #xrp
$SOL is currently trading around $81.49, showing short-term consolidation after bouncing from the $78.00 support zone.
Price is holding slightly above MA(7) and MA(25), indicating mild intraday strength, but it remains below the MA(99) at $83.97, which acts as key dynamic resistance.
A clean breakout above $83.50–$84.00 could open room toward the $86+ zone, while failure to hold above $80.00 may lead to a retest of $78.00 support.
Overall structure remains neutral with a slight bullish bias, but confirmation is needed for stronger upside continuation.
$PEPE is showing a neutral-to-slightly bullish short-term bias but remains within a tight range and faces mixed technical signals.
Price is hovering around key short-term moving averages (MA7/MA25/MH99), indicating consolidation without a clear breakout momentum.
Meme coin markets are notoriously volatile, and multiple technical sources show PEPE trading near resistance zones with mixed buy/sell signals from moving averages and oscillators, suggesting caution.
Analysts often highlight that breakout above local resistance could spark momentum temporarily, but failure to hold support on pullbacks could lead to sideways or downward pressure typical of meme coins with low trend conviction.
Overall, short-term bias is neutral-bullish but requires confirmation via breakout above nearby resistance and stronger volume — otherwise range trades and volatility are more likely.