*Trade IDEA* Aerodrome to $1.35Inverse Head and shoulder is about to trigger.
"How Aerodrome Integrates with Coinbase Base DEX
Aerodrome's integration with Coinbase's Base DEX has been a game-changer for the platform. This partnership has created a powerful liquidity flywheel, with approximately 44% of Base's GDP flowing through Aerodrome. Post-integration, the platform experienced a 30% surge in trading volume and achieved a staggering $1.17 billion in 24-hour trading volume. By leveraging Coinbase's robust infrastructure, Aerodrome has simplified DeFi access for millions of users, making it a pivotal player in the Base ecosystem.
AERO Tokenomics: A Model for Sustainable Growth
Aerodrome's native token, AERO, is at the heart of its ecosystem. The platform employs dynamic emission throttling, reducing token inflation to just 1%. This ensures sustainable yields for liquidity providers while preserving the token's long-term value. Additionally, Aerodrome's ve(3,3)-style governance model incentivizes liquidity growth and rewards token holders with swap fees and staking benefits. This innovative approach has driven an 80% price surge for AERO, solidifying its appeal among investors and users alike."
DEX
HYPEUSDT.P 4H Chart Analysis | Volume Surges...HYPEUSDT.P 4H Chart Analysis | Volume Surges As Price Approaches ATH
🔍 Let’s break down the HYPE/USDT perpetual contract and scope out bullish momentum alongside key technical catalysts.
⏳ 4-Hour Overview
The 4-hour chart confirms an upward trend, reinforced by strong candle structure and sustained volume inflows. Price is approaching its all-time high (ATH) around $49.618, making this level crucial for the next directional move.
📊 Key Highlights:
- Volume: Noticeable volume convergence during the latest upward leg, demonstrating strong buyer interest as price accelerates toward ATH.
- 3SMA Trend: Moving averages (7, 25, 99) currently support the bullish structure, with price action maintaining strength above these key levels at $47.224, $45.752, and $41.744, respectively.
- Upward Trend: Higher lows and consistent higher highs define strong momentum, while the chart illustrates bullish continuation potential after consolidation.
- ATH Test: A breakout and hold above all-time high could open the door for further rallies, especially if volume continues to expand in sync with price.
🌐 DeFi Momentum
- Total Value Locked (TVL): DeFi markets are surging with $2.237B TVL across top protocols, underscoring broader sector confidence.
- Top 10: HYPEUSDT's movement mirrors strength seen among top DeFi assets, hinting at sector-wide bullish alignment.
🚨 Conclusion:
HYPEUSDT is building bullish energy as it tests the ATH with volume backing the move. Keep a close eye on price action near resistance—if buyers sustain momentum, next targets could materialize quickly. Support rests on 3SMA levels, with DeFi sector trends providing further tailwinds.
dYdX Bottom Consolidation Continues, Bullish NextHere you are looking at the formation of a bottom. The formation is a process not a single day event. It can take months for a bottom to fully form.
The way you know this to be true is because there is no downtrend. There are no new lows.
DYDX has been sideways now for 179 days, 6 months. Since early February 2025. In just three months, between December 2024 and March 2025, there is a very strong decline; lower highs and lower lows. A bearish move, a down-wave, a downtrend.
Ever since February the downtrend is no more. Rather than new major lows we have shy lower lows and finally not even that, no new lows. You can see the pattern how the market turned from bearish to sideways. This is the transition period. From sideways it will turn bullish, bullish goes next.
This is the point in time when most people will lose patiently and fold at a loss. Sell at the bottom, near support. This is the most important time to be patient, to accumulate, to even buy more and hold because we are looking at bottom prices. When prices are trading at the bottom and you are a bull, you can't go wrong.
Buy and hold. Continue holding because the market will soon turn.
Namaste.
TradeCityPro | JUP Eyes Breakout as Altseason Momentum Builds👋 Welcome to TradeCity Pro!
In this analysis, I want to review the JUP coin for you. It’s one of the projects in the Solana ecosystem, currently ranked 59 on CoinMarketCap with a market cap of $1.65 billion.
📅 Daily Timeframe
On the daily timeframe, this coin is currently sitting below a very important resistance zone at 0.6312. This is a strong resistance area and serves as the main trigger for a trend reversal in this coin.
✔️ The main support floor for JUP is located at 0.3409, a level price has tested twice before. Now it has returned to 0.6312, and we can see increased market volume at this level, which indicates tension between buyers and sellers.
✨ A breakout of 0.6312 would be a good trigger for a long position, and I plan to open a long if this level breaks. This could potentially be a long-term position with a high risk-to-reward ratio.
🔔 The next major resistance zones are at 0.7858 and 1.1435, which we can use as targets for this position.
🔽 If the price gets rejected from the top and moves down, breaking 0.4186 and 0.3409, we can look to open a short position.
🧩 The break of 0.3409 would confirm the start of a downtrend, and it's one of the key zones where I’ll definitely look to hold a short position if it breaks.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
SOLUSDT 1D Chart Analysis | Accumulation Breakout Signals....SOLUSDT 1D Chart Analysis | Accumulation Breakout Signals Fresh Momentum
🔍 Let’s drill into the SOL/USDT daily chart, focusing on the recent breakout above the accumulation range, key support and resistance levels, RSI momentum, and volume confirmation for a robust bullish scenario.
⏳ Daily Overview
SOLUSDT has decisively broken out above a prolonged accumulation box, marking a significant shift in market structure. A daily close beyond this range now serves as a strong indicator for renewed bullish momentum. RSI is currently above 77, signaling that buyers are commanding momentum. Notably, volume has surged in tandem with price, confirming trader participation behind this breakout move.
📈 Technical Convergence and Trend Structure
- Accumulation Zone Break: After consolidating within a clear box for weeks, SOLUSDT closed above the upper boundary (around $180.88–$191.05), signaling a possible trend reversal or continuation.
- Daily Close Signal: A daily close outside the accumulation box offers high conviction for bullish continuation. This close acts as a potential entry signal for trend-followers.
- RSI Momentum: The RSI sits above 77—deep in the overbought territory. A close here not only confirms buyer strength but often precedes sustained uptrends when accompanied by price breakouts.
- Volume Surge: Volume has increased with the breakout, providing confirmation the move isn’t a false start, but likely fueled by real demand.
- Weekly Fake Breakout: There was a notable false breakout in the weekly timeframe, quickly reclaimed by bulls. This flip suggests buyers fended off downside attempts and now drive higher prices.
🔺 Bullish Setup & Targets
- First Target: $256.90 — marking the next major resistance on the chart and a logical upside objective for traders.
- Key Trigger: A confirmed daily (or weekly) close above the accumulation range with strong volume is essential for validating the upward trajectory.
📊 Key Highlights
- The breakdown of the accumulation box—now turned support—marks a pivotal structural change.
- RSI and price are making new local highs, solidifying the case for continued bullish momentum.
- Volume is climbing in sync with the move, offering real confirmation versus a potential fakeout.
- Recent fake breakout on the weekly chart, immediately negated, emphasizes that buyers are regaining—and likely maintaining—control.
🚨 Conclusion
SOLUSDT appears set for higher prices following the confirmed breakout above the accumulation range. Signs of trend health include an overbought RSI, volume confirmation, and the swift invalidation of a recent weekly fake breakout. As long as daily closes stay above the breakout level, the path remains clear for a rally toward $256.90. A strong daily close and continued volume will be your best signals for bullish continuation.
dYdX Hyper Bullish Market Conditions, $11.1 Next Target (1,671%)"Once we hit bottom, there is no other place left to go but up." dYdX hit bottom, a new all-time low last month and is turning ultra-hyper bullish this week. The action is already moving above EMA8 and EMA13 while breaking a local downtrend coming off the December 2024 peak price.
We have a full green candle and this candle signals a recovery and the start of the 2025 bull market cycle. This cycle can last 6-12 months for this specific pair or longer. Remember that each project, each trading pair, each altcoin can produce different price patterns and dynamics. This is easy to see because here we have a new all-time low, other pairs hit their all-time low in April this same year while others did so in August 2024, others in 2023, some others in 2022, etc. Each pair/project should be considered individually.
Good strong projects trading at bottom prices have higher potential for growth. For example, you can certainly make more money buying and holding dYdX tokens vs Solana or Ethereum. Because the latter two are trading much higher compared to their all-time high and because these projects are much bigger. Smaller projects have higher potential for growth.
So all is good in Crypto-world the market is going up. dYdX is turning bullish just now but the bias is confirmed based on marketwide action. Seeing how the other projects are performing predicts what comes next. When the week closes above EMA8 and EMA13, you have a full blown bullish confirmation. The action already recovered from the ATL range and is happening above the 10-March and 7-April lows. This is enough to secure/confirm growth.
We buy low to sell high. We buy when the market is red and hold.
We sell when prices are high. We sell when the market is green and there is lots of hype all around. Lots of profits to be made. At this point in time, all that is needed is to choose wisely and practice patience, patience will be the biggest earner; patience pays.
Thank you for reading.
Namaste.
CAKE : Are we left behind?Hello friends🙌
😉We came with a good currency analysis from the decentralized exchange Pancake Swap.
So you see that we have a good price support that buyers supported the price well after each collision.
🔊Now, considering the collision with this support, we can expect growth to the specified areas. Of course, don't forget that capital management and risk are the priority of trading.
🔥Follow us for more signals🔥
*Trade safely with us*
TradeCityPro | UNI Builds Pressure Below Key Resistance Zone👋 Welcome to TradeCity Pro!
In this analysis, I’ll be reviewing the UNI coin — one of the notable DeFi tokens, currently ranked 27th on CoinMarketCap with a market cap of $254 million.
⌛️ 4-Hour Timeframe
On the 4-hour chart, as you can see, UNI has formed a bottom around the 6.043 level, which is considered its key support zone. After reaching this level, the price began an upward move, though the trend appears very weak.
✔️ Currently, there’s a resistance zone just above the price that has previously caused multiple rejections. Once again, the price is moving toward this zone.
📊 The volume during this latest upward leg is very low, which is not a good sign for initiating a bullish trend. If the price reaches this resistance level with such low volume, there's a high likelihood of another rejection.
🔽 If that happens, we could consider opening a short position based on this rejection. However, my main trigger level for a short is the break below 6.896 — I personally would wait for this level to be breached before entering a short position.
✨ The next key support, in case 6.896 is broken, is the 6.043 zone. This is a major support level and could serve as the target for the short trade. If this level is broken as well, it could mark the beginning of a strong downward trend.
🔍 On the other hand, if volume starts to pick up and the resistance zone is broken, we could open a long position. The target for this could be around 8.678 — or even a setup in anticipation of a breakout above 8.678.
🔔 Which scenario you choose depends largely on your market perspective. If you're looking for a short-term trade, the first scenario is more appropriate. But if you're aiming for a long-term position with a wider stop loss, the second scenario would be the better choice.
💥 In either of the long scenarios, I strongly recommend confirming the move with volume. For further confirmation, you can also check if RSI enters the overbought zone.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Ishi Go (DEX) — strong support zone & bullish setup!This low-cap DEX gem just tapped a key support level on the Ethereum network . The chart is forming a clean structure with strong historical demand — and we’re already seeing signs of a potential bounce.
After a deep correction, price has entered the green support zone
A potential move of +51.47% is on the table if the bounce continues
DEX - SOLX/WETH On the chart — Solaxy, a token that’s beautifully forming a support zone after a sharp dump. A potential recovery is already taking shape: a trendline breakout and a retest of the green support zone suggest a strong bounce could follow.
Projected move: +47.99% toward the nearest resistance level.
PULSEX TO DO A 17XPulseX DEX received one of the biggest public funding rounds in crypto history at 1 billion dollars.
It also is one of the few crypto tokens to receive regulatory clarity as been determined not to be a security.
It also trades at a 40% discount to that raise!
It also exhibits a wonderful technical pattern that is YET to trigger and breakout.
Which other crypto setup right now is giving you this kind of risk/reward?
What if...What if instead of a 6-12 months long bull market instead we see a 2-3 years long bull market? What if...
Instead of one big extended bullish wave we see slow and steady growth long-term, with no more huge crashes as the market evolves. This already happened in the past leading to the 2017 cycle top. The market grew in 2015, 2016, 2017...
Here we have DYDX producing lower lows. Maybe supply is expanding, maybe something with the way the token works, I don't know, the chart is showing lower lows, but this is still a transition period, other charts are producing higher highs and higher lows.
The recent drop below the lower trendline is called an "excess," a market excess and this type of move tends to be corrected almost right away. The action will move back above the trendline and then produce strong growth.
What if instead of a super fast and strong bull market we get a long-term drawn out one. The latter scenario would be the best. What if... I am open to seeing it happen, what about you?
Thank you for reading.
Namaste.
ONLY WAY IS UP - SUNDAEHear me now, the only way is up for SUNDAE. May drop down to the .004cent range but that will be a perfect buying opportunity.
- current market cap is 12million
- current TVL is 14.3million
- Sundae Labs is already familiar with Hydra (which is under construction) but would drastically reduce fees and increase transaction speed
- Governance to come
- Reduced fees for SUNDAE holders to come
SUPER UNDERVALUED. This will likely be a 200million DEX at minimum during the next bull run
ALTCOIN BOOM FOR SAROS 2025-2026 PROPOSALIntro & Core Info SAROS ($SAROS) is a decentralized finance (DeFi) ecosystem built on Solana, focusing on liquidity solutions, decentralized exchange (DEX) aggregation, and cross-chain swaps. It aims to solve fragmented liquidity across Solana-based protocols while offering low fees and near-instant transactions. Think of it as the "Uniswap of Solana," but with ambitions to bridge ecosystems like Ethereum and Cosmos.
Recent News Launched "Saros Super Pool," a concentrated liquidity protocol with $50M TVL in its first week. Partnered with Jupiter Exchange to integrate Solana’s largest DEX aggregator into Saros’ interface. SAROS price jumped 60% in July, fueled by Solana’s resurgence.
Deep Dive Solana’s DeFi TVL has tripled in 2024, and SAROS is riding the wave. The Super Pool launch taps into Solana’s speed to attract yield farmers, while the Jupiter collab positions SAROS as a one-stop trading hub. However, Solana’s history of network outages remains a risk. If SAROS can’t ensure uptime during congestion, users might flock to rivals like Raydium.
Latest Tech or Utility Update
Update Details Saros deployed "Cross-Chain Swaps" this month, enabling asset transfers between Solana, Ethereum, and Binance Smart Chain via Wormhole bridges. Also introduced "Dynamic Fees," which adjust based on network congestion.
Implications Cross-chain swaps could make SAROS a hub for multi-chain traders, but reliance on bridges like Wormhole introduces security risks. Dynamic Fees help retain users during Solana’s traffic spikes, but if fees rise too high, it might negate Solana’s low-cost advantage.
Biggest Partner & How Much Was Invested
Partnership Spotlight Jupiter Exchange invested $5M in SAROS’ liquidity incentives program, locked for 12 months.
Impact Analysis Jupiter’s liquidity dominance on Solana gives SAROS instant access to deep order books. This partnership could funnel Jupiter’s user base into SAROS’ Super Pools, creating a flywheel effect. If successful, SAROS becomes the go-to for Solana yield farming.
Most Recent Added Partner & Details
New Collaboration Saros partnered with marginfi (Solana lending protocol) to enable leveraged yield farming. No direct investment, but revenue-sharing on margin trading fees for 18 months.
Future Prospects Leveraged farming could attract degens and boost TVL, but overcollateralization risks could backfire during market crashes. Short-term, this adds hype; long-term, it tests SAROS’ risk management.
Tokenomics Update
Token Dynamics Burned 1.5M $SAROS (3% of supply) in July via protocol revenue. Staking rewards now include 20% of swap fees (up from 10%). DAO voted to extend token vesting for team tokens by 2 years.
Deep Analysis Burns + fee-sharing make $SAROS more deflationary, but the token’s value hinges on volume. Extended vesting reduces sell pressure, signaling team commitment. However, if trading activity stalls, stakers could dump rewards.
Overall Sentiment Analysis
Market Behavior Retail traders are FOMO-ing into $SAROS (social mentions up 300%), while whales are taking partial profits. Funding rates turned negative on derivatives, suggesting short-term caution.
Driving Forces Hype around Solana’s comeback and leveraged farming. Concerns linger about Saros’ ability to scale without Solana-level outages.
Deeper Insights Sentiment is overly tied to Solana’s performance. If SOL dips, SAROS could crash harder. But if Solana’s DeFi summer continues, SAROS might outperform.
Recent Popular Holders & Their Influence
Key Investors Alameda Research survivor wallet bought 500K $SAROS. Solana co-founder Raj Gokal praised Saros’ UX in a tweet.
Why Follow Them? Alameda’s remnants are known for trading Solana ecosystem gems aggressively. Raj’s endorsement signals insider confidence, which could attract more builders to Saros.
Summary & Final Verdict
Recap SAROS is Solana’s liquidity aggregator on steroids, combining cross-chain swaps, leveraged farming, and deep Jupiter integration. Its tokenomics are tightening, and Solana’s revival gives it tailwinds.
Final Judgment $SAROS is a high-beta Solana play . If you’re bullish on SOL’s comeback, this could 3x-5x. But if Solana stumbles, SAROS will bleed harder than blue chips.
Considerations Can Saros’ infrastructure handle Solana’s next congestion crisis? Will leveraged farming lead to cascading liquidations in a crash? How dependent is SAROS on Jupiter’s continued dominance?
If you’re riding the Solana wave, buy the dip. If skeptical about Solana’s reliability, stay clear.
TradeCityPro | CAKE: Triangle Squeeze Nears Breakout Decision👋 Welcome to TradeCity Pro!
In this analysis, I want to review the CAKE coin for you. This project is one of the crypto DEXs that operates on the BNB network and is among the most popular projects on that chain.
💫 This project’s token, CAKE, has a market cap of $747 million and ranks 95th on CoinMarketCap.
📅 Daily Timeframe
As you can see in the daily timeframe, a symmetrical triangle has formed, and the price is moving near the end of this triangle.
💥 Personally, I don’t trade when the price is in this area of the triangle and prefer to wait for the triangle to break, because there’s a high chance of random volatility that can cause missed opportunities due to incorrect entries.
✅ I recommend that you also wait for a breakout from this triangle and open a position only after it breaks—whether to the upside or downside.
✨ For a long position, you can enter after a breakout above 2.5. The main trigger will be the 2.847 zone. An RSI move into the Overbuy zone would also be a great confirmation for this position.
🔽 For a short position, our first trigger is the 1.909 level. If this level is broken, the price could start a downtrend toward 1.461. The main confirmation of a bearish trend will be a breakdown below 1.461.
📊 In any case, whichever trigger gets activated, I believe volume confirmation is essential. If volume increases along with price movement, the likelihood of that move being a fakeout decreases.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Could PEPE reach a staggering 3000X and hit a market cap of 69B...this year?
YES 69 BILLION Dollars for a Frog coin!
To assess the potential growth of a cryptocurrency, we first need to identify its all-time low price.
Coinpedia reports that PEPE's all-time low was $0.00000005514 on ETH via Uniswap on April 18, 2023, marking the lowest price recorded on a decentralized exchange.
For PEPE to achieve a 3000X increase, it would need to rise to $0.00016542 by December 31st.
Given its current price of $0.000014238, this represents an 11.5X increase from its present value.
With a total supply of 420.69 trillion tokens, reaching the target price would result in a market cap of $69.58 billion.
While this may seem ambitious for a memecoin lacking utility, the idea of hitting such a whimsical market cap is tempting.
I estimate the likelihood of this happening at around 2.5%.
(This scenario also suggests a reasonable portfolio allocation for those primarily holding #BTC and #ETH and I highly suggest rebalancing above 5%)
TradeCityPro | HYPE: Bullish Momentum Builds Near Resistance👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the HYPE coin for you. The Hyperliquid project is one of the DEX projects in the crypto space that also functions as a Derivatives platform, and it currently holds the highest 24-hour volume among all DEXs.
🔍 The token for this project, with the symbol HYPE, has a market cap of $7.23 billion and is ranked 20th on CoinMarketCap.
⏳ 4-Hour Timeframe
In the 4-hour timeframe, as you can see, this coin is in an uptrend with an ascending trendline, and it’s currently encountering resistance at 21.48.
📈 If the price stabilizes above this zone, a new bullish wave can begin, with the next resistance being at 22.799.
✔️ You can enter a long position using the 21.48 breakout trigger. Buying volume has increased significantly, which raises the chances of this level breaking.
📊 For short positions and a potential bearish trend in this coin, the first trigger would be a rejection from the 21.48 resistance. If the price gets rejected at this level, the likelihood of breaking the trendline increases.
⭐ A break of the trendline itself can also serve as a trigger. Breaking this trendline would eliminate bullish momentum in the market, and a breakdown below the 39.29 level on the RSI would further support bearish momentum.
🔽 The main short position can be opened upon breaking the 19.552 level. This is a very strong support, and if the price closes below it, it could drop further to 17.88.
👀 Overall, the long setup on this coin looks quite logical, and if the 4-hour candle closes as is and doesn’t turn out to be a fakeout, it could be a great entry opportunity.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | CAKE: Slicing Through the Market's Range Box👋 Welcome to TradeCity Pro!
Let's dive into the analysis of Bitcoin and key crypto indices, focusing today on the CAKE coin, as requested in the comments. This coin holds a market cap of $511 million, ranking 93rd on CoinMarketCap.
📅 Weekly Timeframe
In the weekly timeframe, as you can see, there's a very large range box existing from 1.093 to 4.753. This box represents a substantial range, and the price has been in this box for almost three years.
🔍 There's a significant area within this box at 1.549, which currently acts as a very important support. The price has hit this level several times but has yet to break through it.
⚡️ In this timeframe, indicators are not very useful because it's a ranging trend, and in ranging trends, these tools don't perform well. The best tool we can use to analyze a ranging market is support and resistance.
📊 Currently, there is a support at 1.549, as mentioned, which the price has hit several times and has been supported by. If this support breaks, there's another very important support at 1.093, which will be the last support area for the price.
🛒 For buying this coin in spot, there is a very strong supply zone near 4.753. I recommend waiting until this area is broken to start the main bullish trend. This break would signify a potentially strong upward move, so entering before this break could expose you to unnecessary risks given the current ranging conditions.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
dYdX: Your Altcoin ChoiceIs it just me, or does anybody else think that charts look great when they trade at bottom prices?
I highly doubt that I am alone on this one; Once we hit bottom... The market is ready for growth; huge growth, massive growth.
Welcome my dear friend and thank you for reminding me to visit dYdX, a pair/project/exchange (DEX) that we love and will continue to love long-term.
What does the chart say?
The chart says, "Buy when others are fearful." "There is no moment like this now." "Opportunities are endless."
The chart is saying, "I've been going down but the last down has no force. I can go down for a while but never forever done. Once the correction is over, I am going up."
The chart is saying, "The last low is nothing more than a break of support. It is a market move, the whales are looking for liquidity before massive growth."
The chart says, "The best time to buy is now. Focus on the long-term; buy and hold."
Well, it is me saying all these things based on the data coming from the chart.
dYdX looks great.
A great buy.
Thanks a lot for your continued support.
Namaste.
TradeCityPro | RUNE: Decoding Its Descent in DeFi Markets👋 Welcome to TradeCity Pro!
In this analysis, I want to discuss the RUNE coin, which was requested in the comments of yesterday's analysis. This project is one of the DeFi projects, with a market cap of $383 million, ranking 118th.
📅 Weekly Timeframe
In the weekly timeframe, as you can see, it has started a downward leg from the peak of 6.894 and is moving downwards, reaching the area of 1.110.
✔️ Currently, it seems that the downward momentum has slightly decreased, and the price is moving downward more slowly. The RSI oscillator is also near the 30 area, ready to enter into Oversell and introduce a new downward momentum into the market.
💫 If this occurs and the price consolidates below 1.110, the next support will be 0.816, which is a very important floor, and if this area breaks, the last support the price will have is 0.386.
🔑 On the other hand, if the price is supported at 1.110 and breaks the trend line that the price has, we can confirm a trend change and the start of a new upward trend. The main trigger will still be 6.894.
📅 Daily Timeframe
In the daily timeframe, the price has a range box between 1.091 and 1.504, and after the downward leg following the break of 3.210, it has now entered a ranging phase and is ranging in this area.
🔽 For a short position, given that the price has hit a lower high compared to 1.504, the likelihood of breaking the floor of the box is high, and with the break of 1.091, we can enter a short position.
📊 An important point is that the market volume in this range box has decreased significantly and keeps decreasing. With the entry of volume in any direction, the market can start moving in that direction.
📈 If buying volume enters the market, the first long trigger is the break of the 1.504 area. This area overlaps with the 0.236 Fibonacci, and breaking this area, the next important levels are 0.382, 0.5, and 0.618 Fibonacci.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
JUP/USDT
Area entry: blue zone
Sl: 0.42
TP 1: 0.68
About Jupiter
As one of the industry's most advanced swap aggregation engines, Jupiter excels in delivering essential liquidity infrastructure for the Solana ecosystem. Moreover, Jupiter is actively expanding its DeFi product offerings, featuring a comprehensive suite that includes Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading.