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$ETH
Leo524
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$ETH Approaching Key Resistance — Relief Rally in Play?
$ETH on the daily timeframe is currently attempting a recovery after sweeping liquidity near the $1950 - $1850 support area. Price reacted strongly from this demand zone and is now testing a short-term resistance cluster around $2.1K. If buyers manage to hold above the reclaimed value area, we could see continuation toward higher liquidity zones.
From a structure perspective, the broader trend is still corrective, but the 4H chart shows early signs of a momentum shift. Short-term moving averages are turning upward and price has reclaimed the local volume POC. This suggests buyers are beginning to defend higher prices, although confirmation above resistance is still needed.
RSI is recovering from oversold territory and currently sits near the neutral zone, indicating momentum is improving. We also saw a noticeable volume increase during the bounce, which could signal early accumulation. If buying pressure continues, a relief rally toward the $2.2K–$2.3K range becomes possible while the macro downtrend remains intact.
$SOL Testing Resistance — Downtrend Still Intact 👀
Solana is currently trading around the $85–$88 region after a prolonged correction from the previous $140–$160 distribution range. Despite the recent stabilization near support, the higher-timeframe structure remains bearish with price continuing to form lower highs and lower lows on the daily chart.
From a structural perspective, the market recently rejected from the $95–$105 resistance zone and is now consolidating below the value area. If price pushes back toward that supply region again, it could present a liquidity sweep before the next move lower toward the $55 demand area.
RSI remains around the neutral zone while volume has decreased following the recent drop, suggesting momentum is still weak. Unless SOL reclaims the $100 level, the broader bearish structure remains intact and further downside continuation toward lower liquidity zones remains possible.
$ZEC Holding Key Support — Harmonic Bounce Setup? 👀
ZEC is currently trading around the $200–$170 demand zone after a prolonged downtrend. Price is reacting near a previous support level where buyers historically stepped in, and the market is attempting to stabilize after the recent selloff.
On the 12H timeframe, ZEC is also forming a harmonic pattern completion inside this support zone. Harmonic structures often signal exhaustion of the current move, and if this pattern continues to respect the demand area, it increases the probability of a short-term bullish reaction from this level.
From a structure perspective, ZEC still sits inside a broader bearish trend, but this zone could trigger a relief bounce toward the $250–$280 liquidity area, where previous resistance exists.
RSI is hovering near the oversold region, while volume has decreased following the selloff — a common signal of seller exhaustion. If buyers step in at this harmonic support zone, price could attempt a short-term recovery move before the next major trend decision.
$ETH Approaching Key Resistance — Relief Rally in Play?
$ETH on the daily timeframe is currently attempting a recovery after sweeping liquidity near the $1950 - $1850 support area. Price reacted strongly from this demand zone and is now testing a short-term resistance cluster around $2.1K. If buyers manage to hold above the reclaimed value area, we could see continuation toward higher liquidity zones.
From a structure perspective, the broader trend is still corrective, but the 4H chart shows early signs of a momentum shift. Short-term moving averages are turning upward and price has reclaimed the local volume POC. This suggests buyers are beginning to defend higher prices, although confirmation above resistance is still needed.
RSI is recovering from oversold territory and currently sits near the neutral zone, indicating momentum is improving. We also saw a noticeable volume increase during the bounce, which could signal early accumulation. If buying pressure continues, a relief rally toward the $2.2K–$2.3K range becomes possible while the macro downtrend remains intact.
$HYPE Approaching Resistance — Pullback Before Next Move? 👀
HYPE is currently trading around the $34 region after a strong impulsive move from the recent demand zone. Price has now reached a short-term resistance area where sellers previously stepped in, suggesting the market may pause or pull back before the next directional move.
On the 4H chart, we can also see an Elliott Wave structure forming. Waves 1, 2, and 3 appear to be completed, and the current price action suggests the market may be moving into a Wave 4 corrective phase. This type of correction is common after a strong Wave 3 impulse.
The key area to watch is the green support zone around $30–$31. For the bullish structure to remain valid, Wave 4 should hold above this support region. If buyers defend this level, the market could prepare for a Wave 5 continuation toward higher liquidity levels.
RSI is approaching the overbought region after the recent rally while volume expanded during the impulse move. This combination often leads to a short-term pullback before continuation. If the $31 demand zone holds, the market could attempt another push toward the $36–$40 range.
$ETH Approaching Key Resistance — Relief Rally in Play?
$ETH on the daily timeframe is currently attempting a recovery after sweeping liquidity near the $1950 - $1850 support area. Price reacted strongly from this demand zone and is now testing a short-term resistance cluster around $2.1K. If buyers manage to hold above the reclaimed value area, we could see continuation toward higher liquidity zones.
From a structure perspective, the broader trend is still corrective, but the 4H chart shows early signs of a momentum shift. Short-term moving averages are turning upward and price has reclaimed the local volume POC. This suggests buyers are beginning to defend higher prices, although confirmation above resistance is still needed.
RSI is recovering from oversold territory and currently sits near the neutral zone, indicating momentum is improving. We also saw a noticeable volume increase during the bounce, which could signal early accumulation. If buying pressure continues, a relief rally toward the $2.2K–$2.3K range becomes possible while the macro downtrend remains intact.
$BTC Testing Local Liquidity — Deeper Sweep Possible
Bitcoin is currently trading around the $67K area after rejecting from the value area near $68K. On the lower timeframes, price is still forming lower highs while consolidating above a short-term support zone. This suggests the market may still attempt a liquidity sweep before a stronger move develops.
Looking at the 4H structure, the most visible liquidity sits below the equal lows around $66K -62K. If price dips into this region, it would likely trigger stop-loss clusters before the market decides whether buyers will step in again. A reclaim of the $68K zone would be the first sign that bullish momentum is returning.
RSI on both the 1H and 4H timeframes is hovering near the neutral zone, indicating momentum is cooling after the recent volatility. If selling pressure slows down and buyers defend the $66-62K demand area, Bitcoin could attempt a relief bounce while the broader corrective structure remains in play.
$ZEC Holding Key Support — Harmonic Bounce Setup? 👀
ZEC is currently trading around the $200–$170 demand zone after a prolonged downtrend. Price is reacting near a previous support level where buyers historically stepped in, and the market is attempting to stabilize after the recent selloff.
On the 12H timeframe, ZEC is also forming a harmonic pattern completion inside this support zone. Harmonic structures often signal exhaustion of the current move, and if this pattern continues to respect the demand area, it increases the probability of a short-term bullish reaction from this level.
From a structure perspective, ZEC still sits inside a broader bearish trend, but this zone could trigger a relief bounce toward the $250–$280 liquidity area, where previous resistance exists.
RSI is hovering near the oversold region, while volume has decreased following the selloff — a common signal of seller exhaustion. If buyers step in at this harmonic support zone, price could attempt a short-term recovery move before the next major trend decision.
$ETH Approaching Key Resistance — Relief Rally in Play?
$ETH on the daily timeframe is currently attempting a recovery after sweeping liquidity near the $1950 - $1850 support area. Price reacted strongly from this demand zone and is now testing a short-term resistance cluster around $2.1K. If buyers manage to hold above the reclaimed value area, we could see continuation toward higher liquidity zones.
From a structure perspective, the broader trend is still corrective, but the 4H chart shows early signs of a momentum shift. Short-term moving averages are turning upward and price has reclaimed the local volume POC. This suggests buyers are beginning to defend higher prices, although confirmation above resistance is still needed.
RSI is recovering from oversold territory and currently sits near the neutral zone, indicating momentum is improving. We also saw a noticeable volume increase during the bounce, which could signal early accumulation. If buying pressure continues, a relief rally toward the $2.2K–$2.3K range becomes possible while the macro downtrend remains intact.
ATOM is currently trading around the $1.80–$1.70 support zone after sweeping liquidity below this level. This area previously acted as demand and the market is now attempting to stabilize here. If buyers continue defending this region, a short-term relief bounce could develop.
From a structure perspective the broader trend remains bearish on the daily timeframe, but the 4H chart shows price consolidating near the value area. A reclaim above the $1.86 level could open the door for a move toward the $2.00–$2.04 resistance zone where previous supply sits.
RSI is recovering from oversold territory while volume has stabilized after the selloff. This combination often leads to short-term rebounds. If buying pressure increases from this demand zone, ATOM could attempt a recovery move while the broader downtrend remains intact.