The VET/USDT perpetual contract on the 1-day timeframe is showing signs of a possible bullish breakout. The chart illustrates a long-term descending trendline, which the price is currently testing. If VET successfully breaks above this resistance, it could trigger strong upward momentum. A key support and demand zone is visible between $0.020 - $0.022, where buyers have historically stepped in. If the breakout is confirmed, multiple resistance levels are outlined as potential price targets, including $0.03042, $0.03645, $0.04456, $0.05318, $0.05990, and $0.06908. These levels represent key areas where traders might look to take profits. For confirmation, a daily close above the descending trendline is necessary. With a recommended stop-loss below $0.020 to minimize downside exposure. A breakout could lead to a strong bullish rally, whereas rejection at the trendline may result in continued consolidation. Traders should remain cautious and wait for confirmation before entering new positions.
The price of SPX6900 ( SP:SPX ) surged Nearly 25% today amidst breakout of a falling wedge. Created on the Ethereum blockchain, SPX6900 is an advanced blockchain cryptography token coin capable of limitless possibilities and scientific utilization. With a growing momentum and hardworking community the coin seems to be a contender in the incoming bullrun speculated by traders. As of the time of writing, SP:SPX is up 16.35% trading in tandem with the 1-month high axis. a break above that point could signal a trend continuation to the $0.70 - $0.80 pivot. Similarly, should SP:SPX cool-off, immediate consolidation point resides in the 38.2% Fibonacci retracement point. SPX6900 Price Live Data The live SPX6900 price today is $0.616856 USD with a 24-hour trading volume of $45,031,583 USD. SPX6900 is up 21.61% in the last 24 hours, with a live market cap of $574,288,459 USD. It has a circulating supply of 930,993,090 SPX coins and a max. supply of 1,000,000,000 SPX coins.
Dollar still bearish Feds still looking to cut rates. HOWEVER, Dollar has landed on a solid weekly support that can help DXY reach them imbalances. This may take a week or two to finish before the dollar starts to drop again.
Adding NVO, in addition to strong fundamentals (P/E as low as COVID) and leading positions in obesity market, clear RSI divergence spotted. May take couple of weeks to reverse Be well
Ethereum has broken out of a descending channel and is consolidating near a key support zone. The price action suggests a potential bullish continuation, with a buying opportunity forming above the $2,000 - $2,100 support level. Key Levels to Watch: Support: ~$2,000, ~$1,800 Resistance Zone: ~$2,250 Target: ~$2,530 Trading Plan: Buy Entry: On breakout and retest above $2,250 Stop-Loss: Below $2,000 Take-Profit: $2,530 If Ethereum successfully breaks resistance with volume confirmation, it could rally toward $2,500+, making this a strong bullish setup. Keep an eye on price action for confirmation. ?
Eurnzd has been bullish for the past 3-4 weeks and now price has high potential for reversal. * Structure has change from higher time frames on down so price should just start moving in sync. https://t.me/bluescluestrading
Long term buy structure forming now. Large volume sweeps and blocks are being made here. Very large trade at this level happened last week and I think this is going to explode in the coming weeks/months. Target #1 - $35 Target #2 - $40
Nasdaq 100 Technical Analysis The Nasdaq 100 has broken above the 20,000 level, an area that, of course, has a lot of psychology attached to it in the pre-market trading on Monday, and as a result, I’m watching this index very closely because one of my main criteria for getting interested in buying the NASDAQ has been whether or not we can close above this level. If we can, then it’s very possible that we will continue to go higher. After all, it would make a certain amount of sense to see a bear market rally, especially after the extreme negativity of this market. But as things stand right now, I would anticipate that volatility continues.
Wait for price to pull back to support before entering longs. Lower support area is good for entering longs too. First position can be taken at 0.83200 and second at 0.82240 SL under major lows TP at 0.86000 This is not a investment advice only idea. I am retailtrader without any education in economics. I trade my own money only. As always make your own analysis first.
Current Market Structure & Elliott Wave Count Wave 3 Completed near 2050+ (Key Resistance) Wave 4 Correction Ongoing, currently testing 3006 - 2990 Wave 5 Expansion Potential if price holds support & reverses upward Key Levels & Trading Zones Major Resistance: 3080 Resistance: 3050 Pivot Zone: 3030 Mid-Level Control: 3010 Strong Support: 2990 Major Support: 2970 Breakdown Level: 2950 Ultimate Support: 2900 Trading Strategy & Execution Plan Bullish Scenario (Wave 4 Completion & Wave 5 Start) ? Long Entry: Buy at: 2990 - 2970 Stop Loss (SL): 2960 Take Profit (TP1): 3030 Take Profit (TP2): 3050 Take Profit (TP3): 3080 ? Probability: 80% (If price finds support above 2990) Bearish Scenario (Wave 4 Deeper Correction or Reversal) ? Short Entry: Sell at: 3030 - 3050 (Wave 3 High Rejection) Stop Loss (SL): 3060 Take Profit (TP1): 3010 Take Profit (TP2): 2990 Take Profit (TP3): 2950 ? Probability: 70% (If price rejects 3050 resistance) Final Thoughts & Risk Management ✅ Bias: Bullish above 2990, Bearish below 2970 ✅ Risk/Reward Ratio: 1:3 for Both Scenarios ✅ Volatility Factor: Watch US Dollar Strength & Gold Fundamentals