The price is held above EMA(7). Recent candles show buyers stepping in after the bounce from $60. A breakout above $69-$70 could trigger more upside momentum.
Bearish Setup
If SOL gets rejected from $69-$70 and closes weakly: Short Entry: $68.8 - $69.5 Stop Loss: $71.2 Target 1: $66 Target 2: $64 Target 3: $60
My Current Bias
📈 60% Bullish 📉 40% Bearish
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Ethereum is showing signs of recovery after bouncing strongly from the $1,506 support zone. The price is currently trading around $1,679 and attempting to reclaim the 7-day EMA.
While the long-term trend remains bearish below the 25 EMA and 99 EMA, reduced selling pressure and improving price action suggest buyers are gradually returning.
$XAU 🔹 Current Price: 4,224 🔹 Strong Support Zone: 4,025 – 4,050 🔹 Immediate Resistance: 4,240 – 4,270 🔹 Major Resistance: 4,400
Technical Outlook:
Price is still trading below the EMA 7 (4,241), which means buyers need more strength to confirm a reversal. The EMA 25 (4,387) and EMA 99 (4,581) remain well above the current price, indicating that the overall trend is still bearish.
A strong bounce from 4,025 suggests buyers are defending that level.
What to Watch Next:
If Gold breaks and closes above 4,270, the next targets could be 4,350 – 4,400.
If Gold falls below 4,180, selling pressure may increase, with possible moves toward 4,100 and then 4,025.
$BNB BNB/USDT is showing a strong recovery after bouncing from the 556 support zone The price is now trading around 611 and testing an important resistance area
A daily close above 612 to 620 could open the way toward 625, 640 and possibly 650 But if BNB fails to break this zone, we may see a pullback toward 600, 588 or 575
Overall, the short-term momentum looks positive, but the real bullish confirmation will come only after a clean breakout above 620
$XAU Based on this 1D (Daily) chart, the overall trend still looks bearish to me.
📉 Key observations:
The price is trading below EMA 7, EMA 25, and EMA 99
The market is forming lower highs and lower lows
Strong selling pressure has been present since the 4594 area A bounce occurred from the 4025 support zone,
but there is no confirmed trend reversal yet The current green candle looks more like a relief bounce rather than the start of a new uptrend
As long as the daily chart stays below 4280–4300, I would treat this move as a corrective bounce within a bearish trend.
If the price retests 4025 and breaks below it, the chances of another strong drop increase significantly.
At the moment, I would say the market is bearish but attempting a short-term recovery. Buyers need a strong daily close above the resistance zone to confirm a trend change.
$XAU Gold has delivered a strong recovery from the 4,025 support zone, with buyers stepping in aggressively and pushing the price back above 4,200.
📊 Key Observations: ✅ 4,025 support remains intact ✅ Strong bullish recovery candle formed ✅ Price has rebounded to around 4,211 ✅ Buying volume is increasing
However, one major hurdle remains... ⚠️ EMA(7) at 4,253
Gold is still trading below this key level.
A daily close above 4,250–4,260 could strengthen the bullish case and open the door for further upside.
The most encouraging sign is the strong rejection from 4,025, suggesting that panic selling has slowed and buyers are starting to regain control.
If the next daily candle also closes green, the chances of seeing 4,300+ increase significantly.
$XAU Gold has reacted strongly from the 4,025 support zone, with buyers stepping in and pushing the price back above 4,090.
📊 Current Market Structure:
✅ Strong reaction from support at 4,025 ✅ Buyers showing early strength ❌ Price remains below EMA(7) at 4,223 ❌ Price remains below EMA(25) at 4,406 ❌ Overall trend is still bearish 🎯 Key Levels To Watch: 📈 Resistance 1: 4,150 📈 Resistance 2: 4,220 – 4,250
A daily close above 4,150 could open the door for a stronger recovery toward the 4,250 area.
However, if Gold revisits 4,025 and breaks below it, the next downside targets could be: 📉 3,980 📉 3,950 📉 3,900
The long lower wick on the latest daily candle suggests buyers are defending this area, which is a positive sign for a short-term bounce.
Gold is finally showing some buying interest, but a confirmed trend reversal has not happened yet. The 4,150–4,250 zone will likely decide the next major move.
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Ethereum’s Recent Pullback Seen as Healthy by Moonrock Capital Founder
Simon Dedic, founder of blockchain consulting and investment firm Moonrock Capital, shared insights on Ethereum’s recent market performance, highlighting that the cryptocurrency’s 10% pullback from its recent peak is a healthy market adjustment. According to PANews, Dedic pointed out that Ethereum has tripled in value over the past three months, and he sees the current correction as a natural pause. A retest of the $4,000–$4,100 range followed by a strong rebound would, in his view, confirm the ongoing bullish trend. Dedic also emphasized the importance of trading activity during upward movements. He noted that the more frequently Bitcoin, Ethereum, and other crypto assets change hands during rallies, the more sustainable the overall price growth becomes. Despite minor fluctuations, Dedic encouraged investors to maintain confidence, stressing that the crypto market remains in a bullish phase. #ETHStakingExitWatch