Rogcrypto

✅ Trade Setup Plan🟢 Bullish Scenario (Long Entry)📥 Entry:Aggressive Entry: Now (~$41) after breakout from the descending trendlineSafer Entry (Confirmation): Break and close above $44 with volume🎯 Targets:TP1: $47.90 – $48.50 (recent local high)TP2: $50.80 – $51.50 (resistance zone)TP3: $56 (major resistance)🛑 Stop-Loss:Below $38.50 or tighter at $39.80 if you entered at $41Below $36.50 if you're targeting a wider swing trade🔴 Bearish Scenario (Short Entry)📥 Entry:If price fails to hold $39.80 and breaks below $38.50 with volume🎯 Targets:TP1: $35 (support region)TP2: $33.20 – last tested bottom🛑 Stop-Loss:Above $41.20 or $42 depending on entry📊 Indicators to MonitorRSI: A clean push above 60 = bullish strength; drop below 40 = bearish pressureMACD: A strong bullish crossover + increasing histogram = momentum confirmationVolume: Confirm breakouts with increasing volume

📈 Price Action Overview:Asset: USDT Pair (Exact asset not specified, assuming it's a crypto token)Current Price: ~$2.99Previous High: ~$4.08Swing Low: ~$2.36🔍 Chart Patterns & Structure:Rising Wedge (Bearish Breakdown)Formed after the impulsive rally from $2.36 to $4.08.Price broke down from the wedge, confirming bearish sentiment and starting a corrective phase.Descending Triangle / Falling Wedge (Potential Reversal)Price consolidating around the $2.8 - $3.0 region.A slight bullish divergence seen (explained in RSI section).🔢 Fibonacci Retracement Levels:Drawn from swing low ($2.36) to swing high ($4.08):0.236: $3.580.382: $3.310.5: $3.100.786: $2.651.0: $2.36 (full retracement)Currently trading between 0.786 and 0.5 Fib zones, in a key support area.🟣 Support & Resistance Zones:Major Resistance:$4.08 (swing high)$3.58 - $3.60 (Fib 0.236)Current Resistance:$3.10 (Fib 0.5)$3.31 (Fib 0.382)Support Zone (highlighted purple):$2.80 (horizontal support)$2.65 (Fib 0.786)$2.36 (previous low)📊 RSI (Relative Strength Index):Current RSI: 49.16 (Neutral zone)Key Observation:Bullish Divergence: RSI made higher lows while price made lower lows around April 7–12.Trendline Support on RSI: An ascending trendline suggests building bullish momentum.May hint at a short-term reversal or bounce.🔮 Potential Scenarios:Bullish Case:Bounce from $2.8-$2.9 support area.Break above $3.10 = likely push to $3.31 or higher.RSI breaking above 50 would confirm bullish momentum.Bearish Case:Failure to hold above $2.80 support.Breakdown toward $2.65 or even $2.36 (swing low).RSI dipping below the rising trendline = loss of bullish strength.✅ Conclusion:Currently in a critical demand zone.Early signs of a bullish reversal forming (thanks to RSI divergence).If buyers hold $2.80 and push past $3.10, a short-term uptrend is likely.Watch volume + RSI for confirmation.

🔍 Overall Market StructureThe price recently saw a sharp drop from the $120.69 high and is currently consolidating around the $108–110 area.A bullish structure is forming, suggested by the potential for a reversal pattern from a support zone.🧠 Key Technical Components📉 Fibonacci Levels (retracement from $101.21 to $120.69):0.236 – $115.78 (resistance)0.382 – $112.840.5 – $110.530.618 – $108.25 ← Current support0.786 – $105.20Price is bouncing from the 0.618 zone, a strong reversal area.🟣 RSI (Relative Strength Index):RSI is near oversold (31.15) and showing bullish divergence:Price made lower lows.RSI made higher lows.This divergence suggests momentum is weakening on the downside, signaling a potential bullish reversal.🟪 Support & Resistance Zones:Demand Zone (support) around $107–108 (marked with purple box).Supply Zone (resistance) around $118–120.Price could bounce from support, targeting higher fib levels and possibly retesting the supply zone.✏️ Projected Price Action (Black Curve):Anticipated short-term reversal from $108.Price might climb through:$110 (0.5 fib)$112.84 (0.382 fib)Potentially to $115.78 (0.236 fib) or even back to the $120.69 high.Shown within a larger wedge structure, so upper trendline resistance around $120.✅ Conclusion:Bullish reversal likely from $107–108 support.RSI divergence + Fibonacci confluence supports the reversal thesis.Next targets: $110.50 → $112.84 → $115.78 with final resistance near $120.69.

Bullish Case (If Trendline Holds):•Possible upside targets:•Resistance at $100•Medium-term: $160•Long-term potential: $280+, if the crypto market enters a strong bullish phase.⸻Bearish Case (If Trendline Breaks):•If it breaks below this trendline with volume, downside risk could open to:•$36•$22•or even retest the lows around $13, depending on market sentiment.⸻Long-Term Spot Strategy:•High-probability entry zone for long-term holders.•Dollar-cost averaging (DCA) around this zone can be a solid plan.•Stop-loss placement (for risk-managed traders) can be considered slightly below the trendline, e.g., $60 or $50, depending on your risk tolerance.

1. Price Action and Trend Analysis•Current Price and Movement: The current price of TONUSDT is 3.2440, down by 2.72% (as shown in the header). The chart shows a recent decline from a high of around 3.58777 (marked on the chart).•Trend: The price appears to be in a downtrend after hitting a peak. However, the chart also shows a potential ascending triangle pattern (a bullish continuation pattern) with higher lows forming around the 2.35877 and 2.65256 levels and a resistance zone between 3.1010 and 3.24439 (highlighted in purple).•Key Levels:•Support: Around 2.35877 to 2.65256 (previous lows and the lower trendline of the ascending triangle).•Resistance: The purple zone between 3.1010 and 3.24439, which the price is currently testing.•Recent High: 3.58777 (a potential target if the price breaks above resistance).•Recent Low: 2.35877 (a critical support level if the price continues to decline).2. Volume Analysis•The chart includes volume bars at the bottom, but they are not explicitly labeled. Generally, in a pattern like an ascending triangle, you’d want to see increasing volume on upward moves (indicating buying pressure) and decreasing volume on pullbacks (indicating lack of selling pressure). From the chart, volume appears relatively stable, with no significant spikes, suggesting a lack of strong momentum in either direction at the moment.3. Indicators•Relative Strength Index (RSI): The RSI is shown in the lower panel, currently at 41.01.•RSI below 50 indicates bearish momentum, but it’s not yet in oversold territory (below 30). This suggests the price could still decline further before a potential reversal.•The RSI has been trending downward recently, aligning with the price decline from the 3.58777 high.4. Pattern Analysis: Ascending Triangle•The chart shows an ascending triangle pattern, which is typically a bullish continuation pattern:•Higher Lows: The price has formed higher lows at 2.35877, 2.65256, and 2.80841, indicating buyers stepping in at higher levels.•Flat Resistance: The price has repeatedly tested the resistance zone around 3.1010 to 3.24439 but failed to break above it decisively.•Implication: If the price breaks above the 3.24439 resistance with strong volume, it could target the recent high of 3.58777 or higher. The potential target for an ascending triangle breakout is often calculated by measuring the height of the triangle (from the base to the top) and projecting it upward from the breakout point:•Height of triangle: Approximately 3.24439 - 2.35877 = 0.88562.•Potential target if breakout occurs: 3.24439 + 0.88562 ≈ 4.13001.5. Liquidity Levels•The chart marks liquidity levels with numbers in parentheses, such as (3.58777), (2.80841), etc. These likely represent stop-loss or take-profit levels where liquidity might be clustered:•Above the current price (e.g., 3.58777), there may be sell-stop orders or take-profit levels from short positions.•Below the current price (e.g., 2.35877), there may be buy-stop orders or stop-loss levels from long positions.•The price often moves toward these liquidity zones to “hunt” stops before reversing, so a drop below 3.1010 could target the 2.80841 or 2.65256 levels.

TRB Spot Buy - Buy Zone - $ 20 - $23Sell Zone - 1).$51 2).$114