Still holding the Short. If you were stopped at BE, you can re-enter with the same SL at 82,005.
We’re seeing a pump at the start of the month and I’m looking for a local top to form here over the next few days before reversing back to the downside.
$BTC Price continues to push higher, with funding now flipping back into positive territory.
At the same time, open interest is rising, showing that new positions are entering the market.
The recent spike in spot volume suggests that this move is being supported by real demand rather than just perps.
As long as spot demand continues to lead, this move can sustain itself, but with funding turning positive and OI increasing, the risk of a flush builds if momentum slows.
Current Price: $9.03 (testing VAL volume level) Target 🎯$9.55 (VAH volume level)
AVAX is holding strong near the Value Area Low (VAL) at $9.03. This level has historically attracted buyers. If price stays above this zone during today’s session, we expect a clean move up toward the **Value Area High (VAH) at $9.55**.
Key levels to watch:
· Support: $9.03 – must hold for bulls to stay in control. · Resistance: $9.55 – breakout above this could spark further upside.
Outlook: Bullish while $9.03 supports. A rejection below would pause the setup, but current price action favors buyers.
Pro tip: Look for volume confirmation on the way up. Strong volume into $9.55 increases the chance of a breakthrough.
$ORCA has finally broken out of the 1.80 resistance that rejected price 4–5 times between Apr 26 and Apr 30. After consolidating in the 1.40–1.80 range for nearly 5 days, bulls finally pushed through with a strong impulse candle, wicking up to 2.23 before pulling back.
Currently price is sitting at 1.96, holding above the broken resistance. This is the early stage of a breakout + retest setup. If 1.80 holds as new support, momentum continuation is highly likely.
🟢 Bias: Bullish above 1.80
Trade Plan:
🟢 Long Setup A (Aggressive): Buy current levels with tight risk Entry: 1.93–1.96 | SL: below 1.78 | TP1: 2.0.5 | TP2: 2.20 | TP3: 2.40
🔴 Invalidation: 1H candle close below 1.78 brings price back into the range. Bias flips neutral, possibility of revisiting 1.60 or even 1.40.