descendingchannel

ASTER/USDT on the Daily (1D) timeframe is still moving within a dominant bearish trend, characterized by a consistent lower high and lower low structure since the previous peak. Price is currently approaching a key demand zone, highlighted by the yellow block at 0.713 – 0.655, which is a critical area for potential price reaction.

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Pattern Explanation

Price action is developing inside a Descending Channel (Bearish Channel):

The upper trendline (red) acts as a dynamic resistance.

The lower trendline (yellow) acts as a dynamic support.

As long as price remains inside this channel, the overall market structure stays bearish.

Currently, price is trading near the lower boundary of the channel, aligning with a strong horizontal demand zone, increasing the probability of a technical rebound.

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Key Levels

Support (Demand Area):

0.713 – 0.655 → Major demand zone (yellow block)

0.540 → Next historical low if support breaks

Resistance:

0.790 → Minor resistance

0.910 → Structural resistance

1.060 → Key resistance / channel midpoint

1.380 – 1.510 → Major resistance zone

2.080 – 2.305 → Upper distribution area

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Bullish Scenario

Price holds and reacts strongly from the 0.713 – 0.655 demand zone.

Formation of bullish rejection patterns such as long lower wicks or bullish engulfing candles on the daily timeframe.

Potential upside targets:

0.790

0.910

1.060 (key level for broader trend shift confirmation)

A strong bullish confirmation occurs if price breaks and closes above the descending channel’s upper trendline.

Note: Without a channel breakout, any upside movement should still be considered a relief rally or corrective move.

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Bearish Scenario

Price breaks down and closes below 0.655 on a daily basis.

The demand zone fails to absorb selling pressure.

Downside continuation targets:

0.540

Lower boundary of the descending channel

This breakdown would confirm a bearish continuation structure.

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Conclusion

ASTER/USDT is currently trading at a critical decision zone.
The 0.713 – 0.655 area will determine whether price:

Experiences a technical bounce, or

Continues its bearish trend.

Traders are advised to wait for clear price action confirmation, as this zone represents a high-risk, high-reward area.

#ASTERUSDT #CryptoAnalysis #TechnicalAnalysis #DescendingChannel #BearishTrend #DemandZone #SupportResistance #AltcoinAnalysis #PriceAction

✅ Trade here on $ASTER

$ASTER
The ASTER/USDT pair remains within a dominant downtrend on the daily (1D) time frame, characterized by lower highs and lower lows, a stable pattern since the previous peak. The price is currently approaching a critical demand zone, marked by the yellow cluster at 0.713 - 0.655, a crucial area for potential price reaction.
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Pattern explanation
The price movement is developing within a downtrend channel (downward channel):

$ZIL
Gradual decline, but the setup is increasing | Watch for breakout confirmation.

🕒 Time frame: Short to medium term.
💹 Pair: ZIL/USDT
🧭 Current bias: Neutral to bullish (upon breakout).
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📉 Market structure:
The Zilliqa token is steadily trending down, respecting the descending channel structure (highlighted in green). While the price remains within the channel, sellers still control the market, but momentum is fading, showing divergence on lower time frames.

$ETH

4H Analysis | Bearish Momentum Confirmed | Binance Square Insight

⚠️ ETHUSD Technical Breakdown – Key Support Breached

Ethereum has officially broken down a critical support at $1780 on the 4H timeframe, signaling strong bearish pressure and a continuation of the descending channel pattern that’s been developing over recent days.

This breakdown marks a shift in momentum, turning previous support into fresh resistance — and giving sellers the upper hand.

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🧠 Trade Setup – Bearish Bias Active

🔽 Sell Strong Setup

1st Entry: $1480 ✅

2nd Entry: Watch for confirmation at the next major support zone ✅

EMA Zone: Hovering near broken support – now acting as resistance ✅

Target Zone: Demand zone below $1200 – monitor for potential reversal signs ✅

This is a clean technical play, based on structure, EMA confluence, and channel dynamics.

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🛡️ Risk Management Is Key

Protect your position with tight stop-losses.

Scale in gradually and avoid chasing price.

Watch closely for reactions at each key level – especially near $1480 and sub-$1200.

> This is a high-risk, momentum-based trade idea, not financial advice. Always DYOR.

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🔍 Final Notes for Binance Square Family

ETHUSD has officially confirmed its bearish structure on the 4H, and the next few candles will be crucial in validating continuation or showing early reversal signs.

If price respects the setup, there’s potential to see further downside into key demand zones — where bulls may look to re-enter.

> Stay alert, trade smart, and never forget the golden rule: protect your capital first.

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See the setup. Plan the trade. Respect the trend.
#Ethereum #ETHUSD #CryptoAnalysis #ETH #DescendingChannel #BinanceSquare #PriceAction

Further analysis by Rose Premium suggested Shiba Inu could regain upward momentum following its recent dip. The daily chart indicated a #descendingchannel originating from a local high of $0.00003343.

Rose posited that a breakout above this channel could propel $SHIB
to three key targets: $0.00003236 in the short term, $0.00003870 as an intermediate target, and $0.00004349 in the long term.

However, realizing these targets, including a run to $0.00004349, depends on sustained bullish momentum.
#DOJBTCAuction

$SOL

🔍 Chart Pattern and Price Structure Analysis

This chart illustrates a well-formed descending channel (parallel falling channel) that has been developing since mid-January 2025. Currently, the price is approaching the upper boundary of this channel — a key decision area.

🟡 Technical Pattern

Descending Channel: This pattern is characterized by a series of lower highs and lower lows, representing a medium-term bearish trend.

The price is now testing the upper resistance of this channel, a crucial point that could either trigger a breakout or result in another rejection.

📈 Bullish Scenario

If the price successfully breaks out above the upper trendline (around $152–$154), several resistance targets come into play:

1. $164.5 — A minor horizontal resistance and key psychological level.

2. $182.2 — A strong historical resistance zone.

3. $210–$217.8 — A previous consolidation/resistance zone.

4. $237.7, then $261–$280 — Key bullish targets if momentum sustains.

5. Ultimate target near $295.1–$295.7 if broader market sentiment remains strong.

📌 Bullish Confirmation:

Valid daily candle breakout above the channel.

Strong breakout volume.

Successful retest of the breakout area as new support.

📉 Bearish Scenario

If the price fails to break above the channel and gets rejected, we may see a continuation of the downtrend with potential moves to these support levels:

1. $140–$138 — Current minor support zone.

2. $128 — Recent consolidation support.

3. $115.5 — Major support from April.

4. $95.2 — The lowest support zone on the chart.

📌 Bearish Confirmation:

Strong rejection candle (e.g., bearish engulfing) from upper channel.

Weak breakout attempt with declining volume.

Break below the lower channel support or creation of a new lower low.

📊 Conclusion

The current setup is a classic descending channel, indicating a strong mid-term bearish structure.

Price is now at a make-or-break zone — a breakout could signal a trend reversal, while a rejection could extend the current downtrend.

Traders should wait for a confirmed breakout or clear rejection before entering a position.

#SOLUSDT #Solana #CryptoAnalysis #TechnicalAnalysis #DescendingChannel

$BTC

BTC/USDT Analysis
📉 Overview:

Hey Binance Square Fam!

Bitcoin (BTC/USDT) is trading within a clear descending channel that’s been developing since mid-March. This structure is defined by consistent lower highs and lower lows, forming a classic bearish pattern — but things might be changing soon.

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📊 Key Technical Highlights:

1. Descending Channel in Focus:
The price is respecting both the upper resistance and lower support lines of the channel — clean and structured.

2. Double Bottom Formed Near $75K:
We’ve seen a double bottom develop around the $75,000 zone (marked “HUNT2”), which often signals a bullish reversal. The neckline breakout from this pattern points toward $85,000–$86,000 — aligning with the upper boundary of the descending channel. This confluence resistance is critical.

3. Liquidity Sweeps – HUNT Zones:
The “HUNT1” and “HUNT2” areas are likely liquidity grabs or stop-loss hunts, typical of institutional manipulation. These often precede significant directional moves.

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🔮 What’s Next? Scenarios to Watch

✅ Bullish Scenario:

If BTC holds above the neckline and sustains momentum, we could see a move toward the top of the channel.

Target Zone: $85K–$86K

Break above that? Potential trend reversal confirmation.

⚠️ Bearish Scenario:

Rejection from $85K could lead to a pullback:

First support: $74K–$73K

Deeper dip? $69K–$70K comes into play.

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📌 Takeaway for Traders:

Double bottom + neckline breakout = bullish potential

But descending channel structure = still cautious

Watch the $85K–$86K confluence zone like a hawk!

Manage risk carefully — fakeouts are common in this setup

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#BTC #Bitcoin #DescendingChannel #DoubleBottom #ChartAnalysis #CryptoTrading #BinanceSquare