Mike-BTD

KTA is approaching the range lows where the best RR is. Invalidation is clear; one would be bidding at the bottom of the range and from a position of strength. Watch list material as it becomes oversold.

BTC is reacting at the previous low, but a reaction is not enough, particularly one that offers little to no edge other than RR. 1D is almost oversold, which is usually where the majority of the dip comes in, resulting in the best buy-the-dip opportunities. Just be prepared for good opportunities

MORPHO at support provides a great RR ratio, but as long as BTC momentum is falling, the price may fall right through. Playing hard to get with your capital means waiting for the market structure to suggest a bottom reversal before deploying capital. Shop responsibly.

JTO has been holding strong at horizontal support for a few months. As this floor price is being established, the R:R is becoming an important part of a potential long-term setup. Invalidations are clear, and the ability to plan for a liquidation hunt is also clear. If you are bullish on the SOL narrative, this is not a bad time to consider obtaining some exposure.

CFX broke down and is hovering above the fair value gap, where the lack of volume could allow the price to fall right through. A breakdown through the imbalance will allow us to buy oversold conditions at a discount.

ATH did experience a notable breakout, resulting in a higher high. After such a move, we can expect a bullish structure to form for a continuation up or a retrament into the discount zone. Either way, it is important that we have patience to see what the data provides.

HPYE momentum is slowing down at the end of a rising wedge. Divergence is a sign that bullish momentum is slowing down, and follow-through should be expected. As trend line liquidity is hunted, be prepared for the base of the wedge to be a solid POI.

CAKE is forming its bottom with market participation, clearly defined by volume. The range that it is in defines a structure in which accumulation can begin. In fact, the price can still visit the bottom of the range and still maintain a bullish stance. As long as the price does not make a 1D LL, the bulls still have a good chance.

PENDLE could break out here. This issue with getting into fresh longs is that you are buying into resistance, tops. If it breaks resistance with volume, we likely seek an expansion into price discovery. If the price rejects, it is likely that the price revisits range lows. This is an inflection point.

RAY is in a nice uptrend that appears to be a retracement. With that said, an impulsive move attempt from the bears should be considered. Keep in mind, it could lead to a swing failure. Regardless, any dips are for accumulating as long as horizontal support is respected.