๐ Short-Term Scenarios
Bullish Case
Break above the $2.42 resistance could trigger sustained upside toward $2.75โ$3.00.
Continued ETF inflows & institutional demand support this trajectory.
Bearish/Neutral Case
Failing to hold $2.00 support could prompt deeper retracements (e.g., toward $1.70โ$1.80).
Price consolidation around current levels keeps trend neutral.
๐ Technical Snapshot (Today)
Support Levels
Primary Support: Near $2.00
Critical Zone: ~$1.80โ$2.00
Breaks below these could signal deeper correction pressure before recovery. ๏ฟฝ
Blockchain News
Resistance Levels
Immediate: ~$2.42
Next: ~$2.75โ$2.80
A sustained break above ~$2.42โ$2.50 is viewed as the first key breakout trigger.
Momentum Indicators
RSI: reading neutral to slightly overbought, cautioning against too-extended rallies.MACD & volume signals show bullish potential if resistance levels are overcome.
