▰▰▰▰▰▰▰▰▰▰▰▰▰▰ 💡 WHY AM I BUYING? I am entering this trade because SOL has formed a clear "higher low" structure after bouncing aggressively from the 134.76 bottom. The RSI is currently at 56.67 and rising, indicating that buyers are gaining control without being overextended yet. The price action shows a healthy recovery, and I expect a breakout above the 138.10 local resistance to trigger a rush toward 140.
▰▰▰▰▰▰▰▰▰▰▰▰▰▰ 💡 WHY AM I BUYING? I am taking this trade because price action has formed a solid support floor at 0.0435, rejecting lower levels multiple times. The RSI is currently at 42 and curving upward, signaling that the selling pressure is exhausted and momentum is shifting back to the buyers. I see a clear double-bottom formation starting to play out, which usually precedes a strong pump.
▰▰▰▰▰▰▰▰▰▰▰▰▰▰ 💡 WHY AM I BUYING? I am entering this trade because SOL successfully swept the liquidity at the 134.76 low and immediately rejected lower prices, leaving a long wick that indicates strong buying pressure. The RSI has climbed back above the neutral 50 level, confirming that momentum is shifting back to the bulls. I expect a retest of the 138 resistance as volume stabilizes on this recovery.
📊 ANALYSIS: $YGG is showing a classic reversal setup after a steep correction. We just saw a hard bounce off the 0.0830 level, which has established itself as a strong local floor. The RSI dipped deep into oversold territory and has now sharply pivoted upward to 42, signaling a shift in momentum from bearish to bullish. The selling pressure has exhausted, and we are printing consecutive green candles with increasing volume. This looks like a prime accumulation zone before the price attempts to reclaim the 0.0870 range. Buyers are stepping in to defend these lows aggressively.
📊 ANALYSIS: ZEC is currently consolidating nicely on the 1H timeframe after a volatile move. That massive wick down to 438 shows us exactly where the heavy buy orders are sitting—the bulls defended that level aggressively. Right now, price is stabilizing above local support at 455, and the RSI is sitting comfortably at 46. This neutral RSI reading is bullish because it means we have plenty of room to push higher before hitting overbought territory. Selling volume is drying up, and we are seeing a green reversal candle forming. As long as we hold this 455 floor, the path of least resistance is back up to retest the 470s.
Technical Analysis: The RSI is sitting at a healthy 55, showing we have plenty of room to push higher without being overbought yet. Volume has cooled off slightly which usually happens right before a breakout, especially since the price is holding the support level really well.