I’m looking more for shorts on altcoins today based on what USDT Dominance is showing.
USDT.D is currently holding above the breakout trend and also respecting the key Fib levels around 8.44–8.46%.
As long as USDT.D continues to hold this structure, it suggests money is moving into/staying in stablecoins, which could put more downside pressure on alts.
So for today, my main focus is finding clean short setups on alts unless we see USDT.D lose this structure.
I'm looking for a short on ZEC after the sharp rejection from resistance. Price is still trading below the higher-timeframe trendline, and this looks like a good area for sellers to step back in.
Trade idea:
Entry: Around 487.4 Stop Loss: 491.7 TP1: 484.2 TP2: 481.0 TP3: Let the remainder run if momentum continues.
This setup is based on price rejecting into resistance while the overall trend remains bearish. As long as ZEC stays below the descending trendline, I'll be looking for continuation to the downside.
As always, manage your risk accordingly—this is just how I'm personally trading the setup.
I'm looking for a long on NAS100 from this key demand zone. Price has pulled back into previous support, and if buyers can defend this area, I think we could see another leg higher.
Trade idea:
Entry: Around 29,650 Stop Loss: 29,596 TP1: 29,780 TP2: 29,870 TP3: Trail the remainder if momentum continues.
This is a clean risk-to-reward setup as we're buying into support after the pullback. As long as this demand zone holds, I'll be looking for price to rotate back toward the recent highs.
As always, manage your risk accordingly—this is just how I'm personally viewing the setup.
Reasoning: TRX has been coiling for several weeks while momentum is turning positive. Volatility is also compressed near extreme lows, setting up potential expansion. A breakout from this range could quickly push TRX toward the $0.334-$0.340 resistance zone. #TrendingTopic #TrendingPredictions
I'm looking for a short on ZEC after the sharp rejection from resistance. Price is still trading below the higher-timeframe trendline, and this looks like a good area for sellers to step back in.
Trade idea:
Entry: Around 487.4 Stop Loss: 491.7 TP1: 484.2 TP2: 481.0 TP3: Let the remainder run if momentum continues.
This setup is based on price rejecting into resistance while the overall trend remains bearish. As long as ZEC stays below the descending trendline, I'll be looking for continuation to the downside.
As always, manage your risk accordingly—this is just how I'm personally trading the setup.
Trade with Biswajit
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#UpdateAlert
$ZEC Update:
ZEC is approaching a key area, and I'm not looking to jump in just yet. For now, I'm watching for a clean breakout before getting involved.
If price can break and close above this resistance with strong momentum, I'll be looking for a long opportunity, as that could signal the start of the next leg higher.
For now, patience is key. I'll wait for confirmation rather than trying to anticipate the move. I'll keep everyone updated if we get the breakout I'm looking for.
ZEC is approaching a key area, and I'm not looking to jump in just yet. For now, I'm watching for a clean breakout before getting involved.
If price can break and close above this resistance with strong momentum, I'll be looking for a long opportunity, as that could signal the start of the next leg higher.
For now, patience is key. I'll wait for confirmation rather than trying to anticipate the move. I'll keep everyone updated if we get the breakout I'm looking for.
Unfortunately, we got stopped out on the previous long setup, but that's all part of trading. We managed our risk, and now it's time to focus on the next opportunity.
Today, I'm looking for shorts from the daily bearish FVG. Price has rallied straight into a key area of higher-timeframe resistance, and I'll be watching for bearish confirmation before entering.
If sellers step in and reject this zone, I'll be targeting a move back towards the $4,271 support area.
Reasoning: TRX has been coiling for several weeks while momentum is turning positive. Volatility is also compressed near extreme lows, setting up potential expansion. A breakout from this range could quickly push TRX toward the $0.334-$0.340 resistance zone. #TrendingTopic #TrendingPredictions
Gold is approaching a major resistance zone, and I'm not interested in shorting just yet. I want to see price take out the recent high first, sweep the liquidity, and then show signs of rejection.
If we get that liquidity sweep above the highs followed by bearish confirmation, I'll be looking for shorts back into the previous support zone.
Trade idea:
- Wait for a sweep of the highs around $4,382 - Look for bearish confirmation after the sweep - Targeting a move back towards $4,231
Invalidation would be a sustained move and acceptance above the resistance zone
Reasoning: JUP is breaking below the key $0.18 support level and remains firmly below the daily 55 EMA. Momentum indicators are still bearish, supporting further downside toward the next support zones.
Price is coming into a strong resistance zone here. If we see continuation, there’s a good chance we sweep the weekly high, which could present a potential short opportunity from that area.
Waiting for reaction / lower TF confirmation before taking anything.
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ETH has lost the trendline, showing short-term weakness. ➡️ I’m now waiting for price to close below $2,915 for confirmation. A clean close below this level could open the door for further downside.
ICP is executing a textbook pullback into the daily 55 EMA, a level that has historically acted as reliable dynamic support/resistance for this asset. Price is stabilizing after the retrace, momentum is holding, and structure remains intact, favoring continuation rather than breakdown.
As long as ICP holds the 55 EMA, the bias stays long. A daily loss of that level would invalidate the setup and trigger an early exit, even before the hard stop.