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IOTA is currently trading at a critical long term support zone after a prolonged decline within a descending structure. Price is holding near the lower boundary of the channel, an area that has previously acted as strong demand.
The recent selloff appears to be slowing down, and price is attempting to stabilize near this support region. If buyers continue to defend this level, a relief move toward the mid range of the structure is possible, followed by a potential retest of the upper descending resistance.
However, failure to hold this zone could open the door for a deeper downside move before any meaningful recovery. This area is important for trend continuation or reversal, making it a key region to monitor closely.
This setup favors patience, as confirmation is needed before expecting a sustained move.
The RSI is currently trading below the neutral 50 level, indicating that bearish momentum still dominates the market. This suggests that buyers lack sufficient strength to push prices into a clearly bullish zone, and selling pressure remains present.
The MACD remains in negative territory but is positioned above its signal line, which points to a possible short-term corrective rebound or a slowdown in bearish momentum. However, since the MACD is still below zero, the broader trend bias has not yet shifted to bullish.
Price action is trading below both the 20-period and 50-period moving averages, confirming that the short- to medium-term trend remains bearish. These moving averages are likely to act as dynamic resistance on any upward retracement.
Given this mixed configuration, the market remains vulnerable to further downside, and a continuation of the bearish move could open the way toward the 80112 target. Only a sustained recovery above the 20 and 50 moving averages, accompanied by an RSI move back above 50, would reduce the probability of a move toward this target and signal a more constructive outlook.
MYRIA/USDT is going to breakout from descending channel ?💥🪄✨✨
MYRIA
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected.
The Relative Strength Index (RSI) is showing a downward trend, approaching the lower boundary, and an upward bounce is anticipated.
There is a key support zone in green at 0.00005860. The price has bounced from this level several times and is expected to bounce again.
The RSI is showing a trend towards consolidation above the 100-period moving average, which we are approaching, supporting the upward move.
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected.
The Relative Strength Index (RSI) is showing a downward trend, approaching the lower boundary, and an upward bounce is anticipated.
There is a key support zone in green at 0.4020, and the price has bounced from this level several times and is expected to bounce again.
The indicator is showing a trend towards consolidation above the 100-period moving average, which we are approaching, supporting the upward move.
Entry Price: 0.4080 First Target: 0.4180 Second Target: 0.4316 Third Target: 0.4500
Eth is in a great position to buy right now. Seems like a triple Zig-Zag is coming to end. If for some reason BTC breaks below the $75K area, ETH might extent its last wave "Z" and if that happens, you'll see ETH around $1800 levels.
In any case, If you're looking for long term positions, this is the time. Use DCA and buy beetween $2200-$1800.
BTCUSD is currently showing bearish market structure, where price is struggling to break above key resistance levels. Selling pressure remains dominant, and upward moves are being treated as selling opportunities rather than trend reversals. 🔴 Resistance 1: 84,700 The 84,700 level is acting as an important short-term resistance. Price rejection from this area may strengthen bearish momentum. 🔴 Resistance 2: 89,000 This level represents a major resistance and supply zone. As long as BTCUSD trades below 89,000, the overall bias remains bearish. 🟢 Demand Zone: 67,000 The 67,000 level is a strong long-term demand zone, where buyers may step in and price could slow down or react. This area is a potential target zone for bearish continuation. 📉 Market Bias Below 84,700 – 89,000 → Bearish trend remains active Rejection from resistance → Possible sell continuation Strong reaction at 67,000 → Demand-based bounce possible Overall, the market favors a sell-on-rallies strategy while price remains below key resistance levels. please like comment and follow
MYRO/USDT Breaks Out of Inverse Head and Shoulders🧐🪄🚀
#MYRO
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected.
The Relative Strength Index (RSI) is showing a downward trend, approaching the lower boundary, and an upward bounce is anticipated.
There is a key support zone in green at 0.003900. The price has bounced from this level several times and is expected to bounce again.
The RSI is showing a trend towards consolidation above the 100-period moving average, which we are approaching, supporting the upward move.
We have completed 3 waves up from the 2022 bottom. My base case on the weekly time frame suggested an expanded flat correction in an Elliot wave 4 defined by the poke above all time high in a 3 wave structure.
High probability bottoming areas for wave C of 4 are the High Volume Node at $77k and weekly 200EMA just a bit lower at the 0.236 Fibonacci retracement.
The next downside target is the 0.326 Fib retracement at $56k.
Weekly RSI has only ever been this low 3 times. Las time, price was at $18,000, had one more spike lower to $15500 and then went to $125k
The time before that? Price was at $3000, there was no spike lower, price went to $70,000
The only other time it happened, price was at $150, had no spike lower and went to $20,000.
SUIUSDT has rolled over after failing to hold the prior consolidation range, with price slipping below the descending trendline and accelerating downside momentum. The breakdown from the mid-range base suggests distribution rather than accumulation, while successive lower highs indicate sellers may still control short-term direction. The recent pullback attempts appear shallow and corrective, lacking strong buying follow-through.
If price continues to trade below the 1.32–1.35 zone, bearish continuation could unfold toward the psychological 1.00 level, where long-term trend support and demand converge. That area may act as a temporary pause, but until reclaimed levels above the broken trendline are seen, downside pressure could remain dominant.
➡️ Primary scenario: failure below 1.32 → extension toward 1.00 ⚠️ Risk scenario: a sustained reclaim above 1.40 could weaken the bearish setup and force a broader consolidation
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
🧠The support in the yellow support zone has been exhausted, and the rebound strength has not met my expectations, indicating that market sentiment is already very pessimistic. Therefore, I think there is a high probability that it will continue to fall below the low L, because referring to the development of ETH, it should also continue to decline from here.
➡️If it quickly breaks below the low L, then the short-term support level worth paying attention to is around 78715.
⚠️The extreme support level is around 74500.
🤜If you like my analysis, please like💖 and share💬 BTCUSDT.
SOL is testing a major demand zone around $100–110, right where price has reacted multiple times before. The 200-week MA (green) is just below price — a key long-term support area. Market structure is still lower highs after the $240 peak → medium-term pressure remains. Hold above $100 = base building & potential bounce toward $130–150. Weekly close below $100 = risk of deeper pullback toward $80–90. Summary: This is a make-or-break zone for SOL. Bulls need to defend here to flip momentum.
BTCUSD is trading near the 80,000 psychological support, where a Weak Low is formed. After strong bearish moves (BOS), price may show a short-term recovery if support holds.
The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is heading towards breaking it. A retest of this boundary is expected.
The Relative Strength Index (RSI) is showing an upward trend, as it has approached the upper boundary. A bearish reversal is expected.
There is a key support zone in green at 1.20. The price has bounced from this zone several times and is expected to bounce again.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
FLUX/USDT - Final Support Before a Major Reversal or Breakdown🪄🪄🪄🪄
FLUX
The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is heading towards breaking it. A retest of this boundary is expected.
The Relative Strength Index (RSI) is showing an upward trend, as it has approached the upper boundary. A bearish reversal is expected.
There is a key support zone in green at 0.0915. The price has bounced from this zone several times and is expected to bounce again.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
SEI has been in a sustained bearish structure, trading inside a descending broadening wedge after losing its previous bullish range. The recent price action shows compression near a critical horizontal support zone while price remains below the descending resistance trendline.
A potential inverse head and shoulders structure is attempting to form inside the lower part of the wedge. However, price is still capped by the falling resistance, making this area a high risk zone rather than a confirmed reversal.
If SEI manages to reclaim the descending trendline and hold above the neckline area, a recovery move toward the mid range and higher resistance levels becomes possible. This would signal a structural shift from bearish continuation to short term trend stabilization.
On the downside, failure to hold the current support could trigger another leg lower toward the lower boundary of the wedge, completing the bearish continuation before any meaningful recovery attempt.
This zone is critical. The next reaction will likely define whether SEI stabilizes or extends the downtrend further.
ADA/USDT | Will Cardano come back to life? (READ THE CAPTION)p🧐💢🚀
Well... The only thing I can say about ADAUSDT is that it seems that, well, it's dead! After a reaction to the Bullish OB, it went back on its track to lower prices! And it is being traded at 0.3105 right now. I don't see Cardano making a meaningful move to go bullish again for the time being.
Targets for ADAUSDT: 0.3060, 0.3020, 0.2980 and 0.2940.
The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is heading towards breaking it. A retest of this boundary is expected.
The Relative Strength Index (RSI) is showing an upward trend, as it has approached the upper boundary. A bearish reversal is expected.
There is a key support zone in green at 1.94. The price has bounced from this zone several times and is expected to bounce again.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.