Setiap hari saya membagikan Analisa Teknikal secara Publik, silahkan komentar untuk outlook token yang ingin dibagikan👍🏼 Grup trading di t3l3grm : eltraderr99
GENIUS is currently stuck in a range of 0.44 - 0.64 on the 4H TF. The direction over the next 2-3 months depends on which breakout gets confirmed first.
Bullish Scenario: If 0.64 gets smashed + a strong 4H/daily close + volume comes in, a swing target of 0.8 - 0.9 opens up. Momentum could push us to a new ATH of 1.0. We need sentiment + CEX listings or project updates to keep the volume from drying up.
Bearish Scenario: If support at 0.44 breaks with a valid candle close, the next demand area is at 0.30 - 0.32. The risk of further dumping is high if the crypto market corrects.
Neutral: Most likely, we’ll remain sideways for 1-2 months. Accumulate first, volume is thin. Trading range of 0.44 to buy, 0.64 to sell is safer than forcing the trend.
Key: Wait for confirmation, don’t enter mid-range. Risk management is a must, volatility is high. Do you already have a position now?
$SOL , from the last short setup a while back, $SOL has become one of the altcoins that got quite corrected, hitting a liquidity grab at the price of $65.
This $65 price is the lowest since February; so far, this area was just RETESTED today. Hopefully, this fresh support holds up after the retest, and next we can see a bounce.
We've closed our last short and are preparing to go long.
ENTRY $65-66
SL under 62.5
TP 70++ (This is a bit of a larger time frame, so use small leverage, under 10X is fine if you want), the risk of hitting SL could be around 4%, so adjust with small leverage only.
Attention ‼️ these are the top 10 tokens to watch. If you're looking to enter a position, these 10 tokens are prime for trading due to their high market volatility $OPN $BTC $LAB