$LINK Chainlink is testing the 78.6% Fibonacci retracement of the previous rally, but the structure looks increasingly vulnerable to another downside extension. The more bullish scenario still allows for an upside attempt through a diagonal in circle wave C, but only as long as $9.28 holds. Break below and the next support levels are $8.90 and $8.20. Key resistance sits at $10.80. Fragile structure. Probability of a deeper pullback is growing.
$SUI The risk is increasing that SUI may have already topped in yellow wave 4. The recent decline is looking increasingly impulsive, making the remaining bullish pathways more speculative.Next important support sits between $0.973 and $1.05, followed by $0.88 and $0.817 where another bounce could still develop. A sustained loss of these levels increases the probability of a larger decline toward $0.65 to $0.50 in yellow wave 5.
$ETH Ethereum hasn't changed much since yesterday, continuing to trade around support after breaking below the trend channel boundary. The pullback still looks corrective and the market is holding above the overnight low for now. One more low near $2,040 remains the preferred setup before a recovery attempt develops. A clear 5-wave advance and a break above $2,200 would be the first stronger signal that a local low is in place. Break below $2,040 and the focus shifts toward $1,800.
$SOL Solana remains in a broader recovery structure from the February low, with the rally continuing within a rising trend channel. The preferred interpretation still favors further upside, although Solana continues to underperform Bitcoin on the higher timeframe. As long as the channel holds, another extension toward $110.80 remains likely. The broader target zone up to $138 is the ideal area for larger degree wave C. A break below the channel boundary would change the picture significantly, shifting focus toward $62 and potentially $48. Key support: $84 / $81.20 / $76.55. Key resistance: $96 / $110.80 / $138.
$FET Fetch AI remains in a corrective pullback. The broader move from the 2026 low has only formed a 3-wave advance so far, which keeps the probability elevated that this is a corrective bounce rather than the start of a sustained trend. First micro support sits between $0.201 and $0.222. Another upside attempt remains possible as long as that holds. But if the pullback extends, the 100% extension target around $0.177 becomes the next key level. Key resistance sits at $0.248. No impulsive reaction confirmed yet. Local downtrend remains intact.
$DOGE Dogecoin continues to move higher within a corrective recovery structure. The advance from the recent lows still lacks a clear 5-wave structure, which keeps the broader interpretation favoring a corrective bounce rather than a confirmed bullish reversal. Next resistance levels to watch: $0.118, then $0.133, which also represents the 38.2% retracement target. Above that, $0.156 and $0.183. Key support sits at $0.105 and $0.089. As long as resistance holds and the rally stays corrective, the structure still allows for a larger fifth wave decline toward $0.058 to $0.047 over time. A clear impulsive breakout above resistance is what's needed to change the picture.
$ETH Downside pressure remains high on Ethereum. A break above $2,323 is needed for the first signal that a low may have formed. Until then, the path of least resistance stays lower.
$BTC Bitcoin is trying to find support but wave (2) hasn't convincingly bottomed yet. Further downside is possible in the coming sessions under the blue scenario. $76,527 is the key support level for the 1-2 setup to the upside to remain valid.
$NEAR NEAR Protocol reacted positively from the wave (2) support zone defined a few weeks ago. The next resistance level is $1.90. A break below $1.24 would indicate that a top of sorts has formed.
$ADA Cardano's move to the upside continues to look corrective rather than impulsive. A local top could form at any stage and the structure remains fragile. The micro support zone between $0.254 and $0.266 is currently being tested. Hold it and the market could still attempt another fifth wave toward $0.30. Break below and focus shifts to the lower support between $0.227 and $0.233. Weak structure, visible selling pressure. Not a high confidence setup right now.
$VIRTUAL The correction that started yesterday is continuing, with price now breaking below the initial support region. Next support levels to watch are around $0.665 and then the April 4 swing low near $0.606. The key issue remains the same. The entire advance from the February low still looks like a clear 3-wave move, not an impulsive structure. That makes the current bullish interpretation unreliable from an Elliott Wave perspective. Confidence in a sustained continuation remains low until the price behavior changes.
$INJ Injective's next resistance zone to watch sits between $7.16 and $13.18. So far only 3 waves to the upside are identifiable from the 2026 low. The white scenario stays possible, but only as long as $2.67 holds.
$BTC Liquidity is heavily concentrated below current price. The largest support cluster sits around $78,100 holding roughly $2.46B, with stacked support between $77,500 and $80,300. On the upside, first resistance is around $82,900, followed by a heavier cluster between $84,000 and $84,700. The larger magnet above sits around $89,500. Open interest keeps rising while funding stays positive, suggesting positioning remains aggressive despite the sideways movement. Price is compressed between two large liquidity zones. A break into either one could accelerate volatility fast.
$TAO Bittensor has reached the first important resistance zone, so the current pullback isn't particularly surprising. The decline from this week's high looks like a 3-wave structure for now. Next important support is around $282.30. Break below that and focus shifts back toward the April lows. At least a local top appears to be forming here.
$ADA Cardano is attempting to push higher but the structure remains weak and range-bound. The chart has effectively been sideways since early February, and the price action remains disappointing, though not entirely surprising. No convincing evidence of a larger bullish reversal yet. The nearest micro support zone sits between $0.254 and $0.266, and the market is currently testing that region.