Mujahid Awaise

Ethereum $ETH is showing signs of price stabilization and local demand around the $2,300 key support zone. After a period of consolidation, $ETH is defending local lows with a potential bullish reversal structure building up on lower timeframes. A successful bounce from this region could spark a strong rally towards upper resistance levels.
📈 Trade Plan & Execution Details
Current Market Price: ~$2,320
Entry Zone: $2,300 – $2,330 (Look for a 15m/1h bullish candle close above $2,310)
Target 1 (TP1): $2,420 (Local resistance & liquidity area)
Target 2 (TP2): $2,500 (Major supply zone / 4H EMA boundary)
Stop Loss (SL): $2,240 (Below key swing support)
Recommended Leverage: 3x – 5x (Cross/Isolated)
🔍 Market Rationale & Technical Analysis
Key Support Hold: $ETH is holding near $2,300, indicating strong buyer intervention and exhaustion among short-sellers.
RSI Divergence: Bullish momentum divergence is forming on lower timeframes, signaling an impending upward push.
Invalidation Level: A clean 4-hour breakdown below $2,240 invalidates the bullish thesis.#ETH🔥🔥🔥🔥🔥🔥

Bitcoin ($BTC ) is currently facing strong overhead resistance around the $80,000 psychological milestone. After failing to sustain higher levels and showing continuous lower highs on lower timeframes, market momentum is tilting in favor of sellers. A breakdown below immediate local support could trigger a sharp downside acceleration.
📉 Trade Plan & Execution Details
Current Market Price: ~$79,700 – $80,000
Entry Zone: $80,200 – $80,600 (Look for a confirmed rejection wick or 15m/1h candle close below resistance)
Target 1 (TP1): $78,800 (Immediate liquidity pool)
Target 2 (TP2): $77,500 (Major daily support zone)
Stop Loss (SL): $81,600 (Above recent swing high and breakdown zone)
Recommended Leverage: 3x – 5x (Cross/Isolated)
🔍 Market Rationale & Technical Analysis
Overhead Resistance: Bulls are struggling to hold any sustained price action above $80,500, forming a clear distribution range.
Declining Volume: Recent relief bounces lack heavy volume backing, indicating weak buyer commitment and susceptibility to a sharp flush.
Invalidation Level: If 4-hour candles manage to close firmly above $81,600, the bearish thesis is invalidated, and shorts should be cut immediately.