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Entry starts at 2908.445, with slippage extending up to 2971.930. The first target is 2780.In the first scenario, the price may continue to rise toward the slippage level, which does not affect our trade even if it touches it. However, a close above this level would mark the end of the trade. From there, the price is expected to return to the entry level before the trade is fully closed.

Solana has emerged as one of the digital currencies that attract traders’ attention due to its high price volatility and advanced technical capabilities. In this article, we will present a technical analysis of the SOLUSDT.P pair, relying on a variety of technical tools and indicators to provide a comprehensive outlook on the potential trends and short-term price movements.1. Market OverviewSolana has experienced both upward and downward movements over the recent period, oscillating between critical support and resistance levels. Its price movement is affected by several factors, including:Price Volatility:Given the nature of the cryptocurrency market, volatility is an inherent part of the price action, requiring close monitoring of key technical levels.Economic Factors and News:In addition to technical analysis, news related to technological developments and institutional endorsements can play a significant role in determining market direction.2. Support and Resistance LevelsIdentifying support and resistance levels is a crucial step in understanding market dynamics:Support Levels:Some technical readings indicate the presence of strong support in the lower price area, with potential support levels ranging around $150-$155. Maintaining this level is important for traders, as a break below could lead to deeper corrections.Resistance Levels:On the upside, the asset faces major resistance typically located between $250 to $300. A breakthrough above these levels may signal the continuation of bullish momentum. Conversely, failure to break through may prompt traders to anticipate potential trend reversals.3. Technical Indicators and ToolsA. Moving AveragesMoving averages are useful tools for determining the overall price trend:Moving Average Crossovers:The crossover between shorter-term moving averages (such as the EMA25) and longer-term ones (such as the EMA99) signals potential changes in direction. A shorter-term average crossing above a longer-term average is considered positive, while the opposite may indicate weakening momentum.B. Relative Strength Index (RSI)The RSI is used to measure overbought or oversold conditions:RSI Readings:An RSI reading near 70 indicates overbought conditions, while a reading below 30 suggests oversold conditions. Monitoring the RSI helps in assessing the strength of the current momentum.C. MACD (Moving Average Convergence Divergence)The MACD analyzes momentum and identifies potential turning points in the market:MACD Crossovers:Crossovers between the MACD line and the signal line are indicators that often precede potential trend reversals, whether bullish or bearish.4. Chart Patterns and Price FormationsThe SOLUSDT.P chart exhibits several technical patterns that may reveal market tendencies:Cup and Handle Pattern:In certain time frames, a “cup and handle” pattern can emerge—a classic bullish formation. If this pattern meets all its criteria, it may indicate a continuation of the upward trend following a period of consolidation.Other Reversal Patterns:Patterns such as the “head and shoulders” or descending channels should be monitored, as they can indicate a possible reversal toward a downtrend if momentum weakens.5. Potential ScenariosBullish Continuation Scenario:Support and Breakout:If the price maintains its key support levels (around $150-$155) and manages to break through the upper resistance levels (between $250-$300), bullish momentum may resume.Positive Indicators:The appearance of positive moving average crossovers along with neutral to overbought RSI readings can support this bullish scenario.Bearish Reversal Scenario:Break of Support:Should the price break below its primary support level, the market could enter a deeper downtrend.Negative Indicators:The emergence of bearish moving average crossovers and low RSI readings may indicate weakening bullish momentum, increasing the likelihood of a more significant correction.6. Risk Management and Investor TipsTraders should consider the following points:Use of Stop-Loss Orders:Setting stop-loss levels is crucial for limiting risk, particularly in highly volatile markets.Portfolio Diversification:It is advisable not to rely on a single asset but to diversify investments to mitigate risk.Staying Updated with News:Keeping track of technological developments and economic news is essential, as these factors can directly impact price movements.ConclusionThe analysis of SOLUSDT.P shows that the asset is oscillating between critical support and resistance levels, with the potential for continued bullish momentum if resistance is broken, or a reversal toward a downtrend if support is breached. The future direction of the asset depends on several technical and market factors, necessitating close monitoring of daily changes and the use of diverse technical indicators to make informed trading decisions.

As we can see on the chart, there is a likelihood of a drop from Zone 1. This indicates either a direct decline or a pullback to the zone before continuing to the same target. However, maintaining discipline by setting a stop loss at both zones is crucial.

Based on the chart we provided, we believe the price will drop to the specified area without breaking the stop-loss level.

We still believe that the 90419.3 level on BTCUSDT.P serves as a strong support point that could drive the price toward the next target at 140136.1. The current technical analysis supports this scenario based on the following factors:Overall Trend:The uptrend remains intact, with prices holding above the 50-day and 200-day simple moving averages, reinforcing the potential for continued bullish momentum.Support and Resistance Levels:Key Support: 90419.3 (a pivotal level).First Resistance: 110000 (a psychological level likely to encounter selling pressure).Second Resistance: 140136.1 (the expected target).Technical Indicators:RSI (Relative Strength Index): Shows positive momentum and remains below overbought territory, leaving room for further upside.MACD: Displays bullish signals with a positive crossover above the zero line, indicating continued upward momentum.Volume: Suggests increased buying interest near the current support levels, strengthening the likelihood of a bounce.Chart Patterns:A potential "Bullish Flag" formation is observed on daily timeframes, supporting the case for achieving higher targets once the upper resistance line of the pattern is breached.Possible Scenarios:Bullish Scenario:If the price holds above 90419.3 and gains sufficient momentum, we may see a gradual rise toward 110000 initially, followed by a move toward 140136.1 in the medium term.Bearish Scenario:A break below 90419.3 could trigger a corrective move toward the next support level at 85000, delaying the upward targets.Recommendations:Closely monitor the 90419.3 level as a critical pivot point.Set stop-loss orders below this level to safeguard open trades.Consider adding long positions incrementally if strong support signals emerge on shorter timeframes.

We anticipate Bitcoin to rise from $93,526.2 to $111,949.0 based on volume analysisPlan Based on Closing Near the Target LevelClosing Above the Target ($111,949.0):If a daily candle closes above this level, further upside is expected, with the price continuing to rise by the same percentage increase as the current move.We will update the targets and strategy accordingly if this scenario unfolds.Closing Below the Target ($111,949.0):If a daily candle closes below this level, the price is likely to retest the target level.In this case, it is advisable to exit the position to avoid risks associated with increased market volatility.Risk Management and Trade DisciplineStop Loss:Always adhere to the predefined stop-loss level, regardless of the scenario, to protect your capital and avoid significant losses.Trade Management:Consider splitting the target into partial levels to secure profits incrementally during the move.Use support and resistance zones as additional confirmation signals to manage risk.Conclusion:The current price action suggests a strong opportunity for an upward move, but the success of the plan depends on closing near the specified targets. Strict discipline and effective risk management are crucial for achieving positive results in this trade.

Current Price: SUIUSDT.P is currently trading around $4.66.Technical Analysis: Technical indicators show a strong buy recommendation for SUI/USDTThe Relative Strength Index (RSI) indicates bullish momentum.The MACD indicator signals a continuation of the upward trend.Additionally, the price has crossed above key moving averages, which reinforces a positive outlook.Cup and Handle Pattern: On the daily chart, a "Cup and Handle" pattern is forming—a continuation pattern suggesting the potential for further upward movement after breaking through the upper resistance level. This pattern is considered reliable and often signals price increases upon completion.Price Forecast: According to some analyses, SUI is expected to range between $6 and $10 by 2025, provided adoption and development continue to expand. Any corrective price dips could present buying opportunities.Investor Tips:Invest only what you can afford to lose.Focus on long-term investments and take advantage of price corrections.Use a dollar-cost averaging (DCA) strategy to minimize risk from market volatility.Conclusion: SUI demonstrates strong growth potential due to its advanced infrastructure and increasing adoption. Investors can look for opportunities during price corrections while maintaining proper risk management strategies.*** TEST, RE-TEST ***

The current price of the COMP/USDT pair on Binance is approximately $109.28, with a decline of -2.21% over the last 24 hours. Over the past month, the price has experienced a significant increase of 117.02%, reflecting strong market recovery. However, recent fluctuations suggest high volatility.Key Levels:Support: Around $102.Resistance: Currently at $109-$110, with potential for upward momentum if this level is breached.General Trend: Technical indicators show a bullish sentiment with buy signals on daily and weekly timeframes.

Market Overview SUIUSDT.P is currently trading near $4.16, showcasing moderate volatility. Below is a concise technical analysis:Bullish Momentum:The price recently tested a high of $3.94, supported by trading above key moving averages (MA7 and MA25), indicating positive momentum.If support levels between $3.1–$3.4 hold, the pair could target resistance at $4.0–$4.2 and potentially extend gains toward $4.5–$5.0.Downside Risks:The pair has faced strong resistance near $3.94. Continued rejection at this level could lead to a decline toward the major support at $3.1 or further down to $2.5.A break below the MA25 could intensify selling pressure, targeting $2.1 as the next significant support.December 2024 Outlook:Bullish Scenario: If SUI maintains its position above $3.4 with increased trading volumes, a rally toward $5.0 is possible.Bearish Scenario: Failure to hold critical support may result in a decline to the $2.5–$3.0 range.Recommendations:Monitor trading volumes and support levels near $3.1 for clearer buy or sell signals.Combine technical analysis with ecosystem updates to make informed decisions.Note: Implement robust risk management strategies to navigate market fluctuations effectively.

SUIUSDT.P is currently trading within a range of $3.96-$4.02, with strong resistance at $4.10 and key support at $3.90. Technical indicators such as RSI reflect a balance between buying and selling forces, suggesting a neutral momentum. Moving averages indicate ongoing bearish pressure in the long term, while the MACD shows weak momentum. A breakout above $4.10 could push the price toward $4.25, whereas a breakdown below $3.90 may lead to declines toward $3.75. Caution is advised when trading, with clear stop-loss levels to manage risk effectively.