Basic Money BD
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Basic Money BD
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$SOL is trading inside a major demand zone after a long correction from its previous highs. Buyers are defending this area, suggesting that selling pressure may be fading and accumulation could be taking place.
The first challenge is reclaiming the $100-$120 resistance zone. A successful breakout above this range could confirm renewed bullish momentum and pave the way for a much larger rally.
The first challenge is reclaiming the $100-$120 resistance zone. A successful breakout above this range could confirm renewed bullish momentum and pave the way for a much larger rally.
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#bedrock $BR
$BR Technical Analysis 📊🔥
BR is currently trading around $0.1165, showing a short-term correction after a strong rally toward the $0.1500 resistance zone.
🔹 Price Action
After hitting $0.1500, sellers stepped in and pushed the price back toward the EMA support area.
Current price is testing the EMA(99) near $0.1151, which is a crucial level for bulls.
📈 Bullish Scenario
Hold above $0.1150 support ➜ potential bounce toward $0.1277, then $0.1400–$0.1500.
A breakout above $0.1500 could open the door for a new price discovery phase.
📉 Bearish Scenario
Losing $0.1150 support may send BR toward $0.1050, with stronger support around $0.0930.
📊 Indicators
EMA(7): $0.1221 (short-term resistance)
EMA(25): $0.1211 (trend resistance)
EMA(99): $0.1151 (key support)
Volume has cooled after the pump, suggesting the market is waiting for the next major move.
Conclusion:
$BR is at a critical support zone. The next few daily candles will decide whether this is a healthy pullback before continuation or the start of a deeper correction.
$BR Technical Analysis 📊🔥
BR is currently trading around $0.1165, showing a short-term correction after a strong rally toward the $0.1500 resistance zone.
🔹 Price Action
After hitting $0.1500, sellers stepped in and pushed the price back toward the EMA support area.
Current price is testing the EMA(99) near $0.1151, which is a crucial level for bulls.
📈 Bullish Scenario
Hold above $0.1150 support ➜ potential bounce toward $0.1277, then $0.1400–$0.1500.
A breakout above $0.1500 could open the door for a new price discovery phase.
📉 Bearish Scenario
Losing $0.1150 support may send BR toward $0.1050, with stronger support around $0.0930.
📊 Indicators
EMA(7): $0.1221 (short-term resistance)
EMA(25): $0.1211 (trend resistance)
EMA(99): $0.1151 (key support)
Volume has cooled after the pump, suggesting the market is waiting for the next major move.
Conclusion:
$BR is at a critical support zone. The next few daily candles will decide whether this is a healthy pullback before continuation or the start of a deeper correction.
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