Umer Waqar Ashraf
the struggler
STO Holder
Frequent Trader
10.1 Months
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36 Followers
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📉 Overall Trend
• Market is still in a downtrend from ~97.9K high
• Price is trading below MA(99) → long-term bearish pressure still there
• Short-term bounce happened, but structure isn’t fully bullish yet
⸻
📊 Key Indicators
1. Moving Averages
• MA(7): 72K → price below → short-term weakness
• MA(25): 69.3K → price slightly above → acting as support
• MA(99): 79.7K → strong resistance zone
👉 Interpretation:
Short-term = mixed
Mid-term = trying to recover
Long-term = bearish
⸻
2. RSI (14): 48
• Neutral zone (not overbought, not oversold)
• Slight rejection from higher RSI → momentum slowing
⸻
3. Price Structure
• You had a sharp dump → consolidation → bounce
• Now forming a lower high around ~75K
• Currently pulling back again
👉 This looks like a bearish continuation / range market
⸻
🔑 Important Levels
Support:
• 69K (very important — MA25 area)
• 66.5K (recent base)
• 60K (major psychological support)
Resistance:
• 72K – 75K (rejection zone already)
• 79K (MA99, major resistance)
⸻
📈 Possible Scenarios
Bullish Case:
• If BTC holds 69K and breaks 75K
• Next move → 79K
Bearish Case (more likely for now):
• Lose 69K
• Drop → 66K → 60K zone
⸻
⚠️ Simple Verdict
• Not a strong buy zone yet
• More like “wait & confirm” market
• Safer entries come after:
• Break above 75K, OR
• Strong bounce from 66–69K support
$BTC
$ETH
• Market is still in a downtrend from ~97.9K high
• Price is trading below MA(99) → long-term bearish pressure still there
• Short-term bounce happened, but structure isn’t fully bullish yet
⸻
📊 Key Indicators
1. Moving Averages
• MA(7): 72K → price below → short-term weakness
• MA(25): 69.3K → price slightly above → acting as support
• MA(99): 79.7K → strong resistance zone
👉 Interpretation:
Short-term = mixed
Mid-term = trying to recover
Long-term = bearish
⸻
2. RSI (14): 48
• Neutral zone (not overbought, not oversold)
• Slight rejection from higher RSI → momentum slowing
⸻
3. Price Structure
• You had a sharp dump → consolidation → bounce
• Now forming a lower high around ~75K
• Currently pulling back again
👉 This looks like a bearish continuation / range market
⸻
🔑 Important Levels
Support:
• 69K (very important — MA25 area)
• 66.5K (recent base)
• 60K (major psychological support)
Resistance:
• 72K – 75K (rejection zone already)
• 79K (MA99, major resistance)
⸻
📈 Possible Scenarios
Bullish Case:
• If BTC holds 69K and breaks 75K
• Next move → 79K
Bearish Case (more likely for now):
• Lose 69K
• Drop → 66K → 60K zone
⸻
⚠️ Simple Verdict
• Not a strong buy zone yet
• More like “wait & confirm” market
• Safer entries come after:
• Break above 75K, OR
• Strong bounce from 66–69K support
$BTC
$ETH
$SOL 🚀 SOL/USDT Analysis:
Potential Reversal at Key Support?
Looking at the 4H timeframe, Solana (SOL) is currently navigating a corrective phase after hitting a local peak at 94.05. The price is showing signs of stabilization around the long-term Moving Average (MA99), presenting a strategic entry zone for disciplined traders.
📉 Technical Observations:
• Support Level: The price is currently resting near the 83.72 - 85.00 zone, which aligns with the MA99 (purple line). This has historically acted as a strong pivot point.
• Indicators: The MACD is currently in bearish territory (DIF: 0.17, DEA: 0.90), but the histogram suggests the selling pressure is starting to exhaust.
• Price Action: We are seeing a "retest" of the previous breakout zone. If the 84.00 level holds, we could see a bounce back toward the 90.00 resistance.
⚡ TRADE SETUP (LONG) ⚡
🔹 Entry Zone: $84.50 - $85.50
🔹 Target 1 (TP1): $87.50 (Quick Profit)
🔹 Target 2 (TP2): $90.50 (Mid Term)
🔹 Target 3 (TP3): $93.80 (Major Resistance)
🔹 Stop Loss (SL): $82.80 (Manual Close if candle closes below)
💡 Pro Tip for the Campaign:
While the chart shows a short-term bearish trend (lower highs), the proximity to major support makes this a high-risk/high-reward "long" opportunity. Always wait for a green confirmation candle on the 1H timeframe before entering.
Risk Disclosure: Trading involves significant risk. This is technical analysis, not financial advice. Manage your leverage wisely!
#Solana #SOL #CryptoTrading #TechnicalAnalysis #BinanceSquare
Potential Reversal at Key Support?
Looking at the 4H timeframe, Solana (SOL) is currently navigating a corrective phase after hitting a local peak at 94.05. The price is showing signs of stabilization around the long-term Moving Average (MA99), presenting a strategic entry zone for disciplined traders.
📉 Technical Observations:
• Support Level: The price is currently resting near the 83.72 - 85.00 zone, which aligns with the MA99 (purple line). This has historically acted as a strong pivot point.
• Indicators: The MACD is currently in bearish territory (DIF: 0.17, DEA: 0.90), but the histogram suggests the selling pressure is starting to exhaust.
• Price Action: We are seeing a "retest" of the previous breakout zone. If the 84.00 level holds, we could see a bounce back toward the 90.00 resistance.
⚡ TRADE SETUP (LONG) ⚡
🔹 Entry Zone: $84.50 - $85.50
🔹 Target 1 (TP1): $87.50 (Quick Profit)
🔹 Target 2 (TP2): $90.50 (Mid Term)
🔹 Target 3 (TP3): $93.80 (Major Resistance)
🔹 Stop Loss (SL): $82.80 (Manual Close if candle closes below)
💡 Pro Tip for the Campaign:
While the chart shows a short-term bearish trend (lower highs), the proximity to major support makes this a high-risk/high-reward "long" opportunity. Always wait for a green confirmation candle on the 1H timeframe before entering.
Risk Disclosure: Trading involves significant risk. This is technical analysis, not financial advice. Manage your leverage wisely!
#Solana #SOL #CryptoTrading #TechnicalAnalysis #BinanceSquare
$RSR Must have in your wallet before…!!!! You know what i mean.
🔎 Technical Analysis
• Support Zone: 0.00720 – 0.00730 (strong bounce seen here)
• Current Price: 0.00750
• Resistance 1: 0.00800 – 0.00820
• Resistance 2: 0.00870 – 0.00900
• Major Resistance: 0.00950 – 0.01050
Indicators (from chart):
• Market is recovering after testing support.
• Buyers stepped in around 0.00726.
• Momentum shows potential for a short-term bullish push.
⸻
📊 Trading Plan (Short-Term Swing/Intraday)
✅ Entry: 0.00745 – 0.00755 (current zone)
✅ Stop Loss (SL): Below 0.00720 (tight risk control)
✅ Take Profit (TP) Targets:
• TP1: 0.00800 (near-term resistance)
• TP2: 0.00870
• TP3: 0.00950 – 0.01000 (if momentum continues)
⸻
⚠️ Risk Management
• Risk/Reward: ~1:3 if aiming for TP2.
• If price breaks below 0.00720, expect another dip toward 0.00700 or lower.
• Better to scale out profits (take partial profits at TP1, let rest ride toward TP2/TP3).
⸻
📌 Summary:
RSR is showing short-term bullish potential after bouncing from support. If it holds above 0.00720, we could see a rally toward 0.0085–0.0095. But a breakdown below 0.00720 cancels the bullish outlook.
🔎 Technical Analysis
• Support Zone: 0.00720 – 0.00730 (strong bounce seen here)
• Current Price: 0.00750
• Resistance 1: 0.00800 – 0.00820
• Resistance 2: 0.00870 – 0.00900
• Major Resistance: 0.00950 – 0.01050
Indicators (from chart):
• Market is recovering after testing support.
• Buyers stepped in around 0.00726.
• Momentum shows potential for a short-term bullish push.
⸻
📊 Trading Plan (Short-Term Swing/Intraday)
✅ Entry: 0.00745 – 0.00755 (current zone)
✅ Stop Loss (SL): Below 0.00720 (tight risk control)
✅ Take Profit (TP) Targets:
• TP1: 0.00800 (near-term resistance)
• TP2: 0.00870
• TP3: 0.00950 – 0.01000 (if momentum continues)
⸻
⚠️ Risk Management
• Risk/Reward: ~1:3 if aiming for TP2.
• If price breaks below 0.00720, expect another dip toward 0.00700 or lower.
• Better to scale out profits (take partial profits at TP1, let rest ride toward TP2/TP3).
⸻
📌 Summary:
RSR is showing short-term bullish potential after bouncing from support. If it holds above 0.00720, we could see a rally toward 0.0085–0.0095. But a breakdown below 0.00720 cancels the bullish outlook.
$ENA
Best time to get entry. This will be unstopable very soon
Current Market Overview
• Current Price: 0.6564 USDT
• 24h High: 0.6678
• 24h Low: 0.6292
• 24h Volume: 180.22M ENA (~116.26M USDT)
• Recent Low: 0.6292
• Recent Local High: 0.6946
Moving Averages
• MA(7): 0.6481 → Price is trading above the short-term MA, showing near-term bullish strength.
• MA(25): 0.6465 → Price is also above this mid-term MA, confirming short recovery.
• MA(99): 0.6886 → Price is below the long-term MA, meaning the broader trend is still bearish until it reclaims above ~0.6886.
Price Action
• After hitting 0.6292 (support), ENA bounced back and is now testing the 0.6564 region.
• If momentum holds, next resistance levels are around 0.6620 → 0.6680 → 0.6940.
• Support is seen at 0.6440 → 0.6290.
Short-Term Bias
• Bullish momentum in short-term (above MA(7) & MA(25)).
• To confirm a trend reversal, ENA must break above 0.6886–0.6940 zone with strong volume.
• If it fails, expect sideways or another retest of 0.6290 support.
Best time to get entry. This will be unstopable very soon
Current Market Overview
• Current Price: 0.6564 USDT
• 24h High: 0.6678
• 24h Low: 0.6292
• 24h Volume: 180.22M ENA (~116.26M USDT)
• Recent Low: 0.6292
• Recent Local High: 0.6946
Moving Averages
• MA(7): 0.6481 → Price is trading above the short-term MA, showing near-term bullish strength.
• MA(25): 0.6465 → Price is also above this mid-term MA, confirming short recovery.
• MA(99): 0.6886 → Price is below the long-term MA, meaning the broader trend is still bearish until it reclaims above ~0.6886.
Price Action
• After hitting 0.6292 (support), ENA bounced back and is now testing the 0.6564 region.
• If momentum holds, next resistance levels are around 0.6620 → 0.6680 → 0.6940.
• Support is seen at 0.6440 → 0.6290.
Short-Term Bias
• Bullish momentum in short-term (above MA(7) & MA(25)).
• To confirm a trend reversal, ENA must break above 0.6886–0.6940 zone with strong volume.
• If it fails, expect sideways or another retest of 0.6290 support.
$ENA i’m pretty much sure in coming couple of days this will make a healthy bullish rally. ✌🏾
let’s break this ENA/USDT 1D chart down with double bottom and double top patterns in mind.
1. Double Bottom (Bullish Reversal Pattern)
• What it is: Price hits a low, bounces up, then comes back to test the same low, and bounces again — forming a “W” shape.
• In this case
• The first bottom happened near 0.55–0.56 (left side).
• The second bottom was almost at the same level after a small rally (middle section).
• Breaking above the “middle peak” of the W (around 0.65) confirmed the bullish breakout, leading to the strong rally towards 0.85.
✅ This explains the strong upward move you saw before the recent drop.
⸻
2. Double Top (Bearish Reversal Pattern)
• What it is: Price hits a high, drops slightly, rallies again to the same high, then reverses down — forming an “M” shape.
• In this chart
• The first top was around 0.85.
• The second top came almost at the same level (slightly lower), showing rejection.
• Once price broke below the neckline near 0.75, it triggered a bearish move towards 0.68 (current level).
⚠️ If this plays out fully, the measured move target from the double top could be 0.65–0.64.
⸻
Current Situation
• near support at 0.68.
• If this holds and we see buying pressure, the market may attempt a bounce.
• If 0.68 breaks down, next major support is 0.65 and then 0.62.
⸻
Trading Outlook
Bullish Bounce Play (If Support Holds)
• Entry: Above 0.6950 after bounce confirmation.
• Targets: 0.73 → 0.75.
• Stop Loss: Below 0.68.
Bearish Breakdown Play (If Support Fails)
• Entry: Below 0.68 with strong volume.
• Targets: 0.65 → 0.62.
• Stop Loss: Above 0.70.
let’s break this ENA/USDT 1D chart down with double bottom and double top patterns in mind.
1. Double Bottom (Bullish Reversal Pattern)
• What it is: Price hits a low, bounces up, then comes back to test the same low, and bounces again — forming a “W” shape.
• In this case
• The first bottom happened near 0.55–0.56 (left side).
• The second bottom was almost at the same level after a small rally (middle section).
• Breaking above the “middle peak” of the W (around 0.65) confirmed the bullish breakout, leading to the strong rally towards 0.85.
✅ This explains the strong upward move you saw before the recent drop.
⸻
2. Double Top (Bearish Reversal Pattern)
• What it is: Price hits a high, drops slightly, rallies again to the same high, then reverses down — forming an “M” shape.
• In this chart
• The first top was around 0.85.
• The second top came almost at the same level (slightly lower), showing rejection.
• Once price broke below the neckline near 0.75, it triggered a bearish move towards 0.68 (current level).
⚠️ If this plays out fully, the measured move target from the double top could be 0.65–0.64.
⸻
Current Situation
• near support at 0.68.
• If this holds and we see buying pressure, the market may attempt a bounce.
• If 0.68 breaks down, next major support is 0.65 and then 0.62.
⸻
Trading Outlook
Bullish Bounce Play (If Support Holds)
• Entry: Above 0.6950 after bounce confirmation.
• Targets: 0.73 → 0.75.
• Stop Loss: Below 0.68.
Bearish Breakdown Play (If Support Fails)
• Entry: Below 0.68 with strong volume.
• Targets: 0.65 → 0.62.
• Stop Loss: Above 0.70.
$ENA
Chart Observations
• Current Price: 0.7479 (Up +4.60% in last 24h)
• Recent High: 0.8555 (strong resistance)
• Recent Low: 0.6109 (major support)
• MA(7): 0.7324 — price is trading above short-term moving average → early bullish signal.
• MA(25): 0.7752 — still above current price, so medium-term trend is slightly bearish until broken.
• MA(99): 0.6627 — price is well above long-term support, showing overall uptrend intact.
⸻
Price Action & Trend
• After peaking at 0.8555, price retraced heavily, finding temporary support around 0.6945.
• The current candles are showing higher lows after the drop, suggesting accumulation.
• Volume is picking up slightly on green candles, indicating buying interest.
⸻
Key Levels
• Immediate Resistance: 0.7550 → short-term breakout confirmation above this.
• Strong Resistance: 0.7750 (MA25) & 0.8100 (psychological level).
• Immediate Support: 0.7320 (MA7 & recent consolidation).
• Major Support: 0.6950 → breakdown here could retest 0.6620 (MA99).
⸻
Trade Setup
Bullish Scenario (Breakout Play):
• Entry: Above 0.7550 with volume confirmation.
• Targets: 0.7750 → 0.8100 → 0.8550.
• Stop Loss: Below 0.7320.
Summary
Right now, ENA is recovering from a pullback and is at a decision point — a breakout above 0.7550 could flip momentum bullish again, while rejection here could mean more sideways/downward movement.
Short-term traders should watch volume closely before entering.
Chart Observations
• Current Price: 0.7479 (Up +4.60% in last 24h)
• Recent High: 0.8555 (strong resistance)
• Recent Low: 0.6109 (major support)
• MA(7): 0.7324 — price is trading above short-term moving average → early bullish signal.
• MA(25): 0.7752 — still above current price, so medium-term trend is slightly bearish until broken.
• MA(99): 0.6627 — price is well above long-term support, showing overall uptrend intact.
⸻
Price Action & Trend
• After peaking at 0.8555, price retraced heavily, finding temporary support around 0.6945.
• The current candles are showing higher lows after the drop, suggesting accumulation.
• Volume is picking up slightly on green candles, indicating buying interest.
⸻
Key Levels
• Immediate Resistance: 0.7550 → short-term breakout confirmation above this.
• Strong Resistance: 0.7750 (MA25) & 0.8100 (psychological level).
• Immediate Support: 0.7320 (MA7 & recent consolidation).
• Major Support: 0.6950 → breakdown here could retest 0.6620 (MA99).
⸻
Trade Setup
Bullish Scenario (Breakout Play):
• Entry: Above 0.7550 with volume confirmation.
• Targets: 0.7750 → 0.8100 → 0.8550.
• Stop Loss: Below 0.7320.
Summary
Right now, ENA is recovering from a pullback and is at a decision point — a breakout above 0.7550 could flip momentum bullish again, while rejection here could mean more sideways/downward movement.
Short-term traders should watch volume closely before entering.
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