ZEN is in a correction phase after a bounce, RSI is weak, MACD has crossed down → the short trend is still decreasing. 👉 Safe strategy: • Wait for the 14.2–14.4 area to buy on a trial basis, • TP 15.5–15.9, • SL 13.8. $ZEN
🔹 Technical indicators • RSI (14): 33.8 → nearing the oversold region, a technical bounce may occur soon. • MACD: the two lines DIF & DEA have crossed deeply downward, strong negative histogram → the downtrend still dominates, no clear reversal signal yet. • Volume: spike along with the downward candle → indicating profit-taking/panic after the hot increase.
🔹 Important price levels 13.8 – 14.0 Short-term support (MA99) Currently testing this level, a long-legged candle may appear
12.8 – 13.0 Strong support (previous low, fib 0.618) An attractive level for small wave bottom hunting
15.5 – 16.0 Nearby resistance Need to break this level to confirm recovery
17.5 – 18.0 Strong resistance (old MA25) Ideal TP if it bounces
💡 Recommendation
🔸 If holding assets: • Maintain a small position, set a tight SL below 13.0. • If the price bounces back to 15.5–16.0, consider taking profit on 50–70% of the position.
🔸 If holding USDT: • Don’t catch the falling knife immediately, wait for the 4H candle to close above 14.5 (confirming a short-term bottom). • At that point, you can cautiously buy 20–30% of capital, around 14.5–14.8, short TP 15.8–16.2.
🔸 If ZEN breaks below 13.0: • Exit quickly, wait for a deeper accumulation zone around 12.0–12.2 (technical bottom).
⸻
⏱ In summary • ZEN has just gone through a strong sell-off of -29%, RSI touched the oversold area, a short-term bounce may be imminent, but the overall trend remains downward. 👉 Strategy: • Wait for confirmation of the bottom around 13.0–13.2, • Cautiously buy when the 4H candle closes above 14.5, • TP 15.8–16.2, SL below 13.0. $ZEN
Current price: 2.115 USDT Current order: 2.10$ 24h oscillation range: 2.100 – 2.204 Trading volume: 7.69M NEAR
⸻ 🔹 Technical analysis 1️⃣ Short-term trend: NEAR is in a correction phase after the rebound to 2.20. The most recent 1H candle tested back to the bottom of 2.10, indicating demand, but buying pressure is not strong enough to reverse immediately.
Dear valued customers 🎁 $BTC Updated at 21:40 GMT+7 • Buy zone: 107,800 – 108,200 • Short TP: 108,800 → 109,300 • SL: 107,200 • If it surpasses 110,000 with good volume → possibility of recovery to the zone of 111,000+
Excerpt from Alden's articles! Over 90% of traders fail when entering the profession because they always do things that make them feel comfortable and at ease. When they are in profit, they fear losing that profit and close early for peace of mind. When they are at a loss, they fear pain and remove the stop loss to hold onto the hope of a price reversal. When they are idle, they place orders to satisfy their itching fingers... All these actions have one common point:
💬 Is USDT increasing in value or is the Vietnamese Dong losing value? 🤔
Today while browsing P2P on Binance, I noticed the price of USDT has risen to nearly 28,900 VNĐ 😳 Not long ago, it was only around 25k-26k.
➡️ So the question arises: • Is USDT increasing in value due to cryptocurrency demand, or • Is the VNĐ weakening against the USD in the international market?
📊 Some people say: because Bitcoin is rising, the demand for USDT (for trading) is also increasing. But there are also opinions: the actual USD/VND exchange rate outside the bank has exceeded 27,000, so USDT is "following" the black market.
⚠️ Regardless of the reason, it is clear that just the act of converting to VNĐ shows that the pressure of currency depreciation is gradually increasing.
👉 What does everyone think? Is USDT increasing or is VND losing value? Comment to share your views! 💭
🔥 613,000 Bitcoin "vanished" from Binance – A supply shock is forming! 🔥
The cryptocurrency market is in turmoil as Bitcoin reserves on Binance have dropped to 613,000 BTC – the lowest level since July. This indicates that investors are withdrawing coins from the exchange and tend to hold them long-term, making the available supply for sale scarcer than ever.
💥 Notably: If Bitcoin surpasses 116,000 USD, nearly 4.8 billion USD in short positions risks being "liquidated en masse" – creating a chain reaction that could ignite a powerful price surge.
Currently, BTC is hovering around 111,600 USD, close to the EMA50 resistance level at 113,200 USD. If this threshold is breached, the momentum for an increase could accelerate, leading to a wave of FOMO across the market.
⏱ In summary: 👉 Supply is dwindling, short pressure is tight as a string. 👉 A breakout above 116,000 USD could trigger a "liquidation storm" and initiate a new crazy rally for Bitcoin! 🚀 $BTC
🟩 NEAR/USDT swing analysis – 1H frame (Updated 12:00 GMT+7) Current price: 2.397 24h Change: +2.09% Status: NEAR is still maintaining a stable uptrend, after reaching the peak of 2.40 there are signs of a slight slowdown, but no reversal signals have appeared. Support – Resistance: • Nearby support: 2.36 – 2.37 (MA7). • Strong support: 2.32 (MA25). • Nearby resistance: 2.40 – 2.42 (previous peak). • Strong resistance: 2.45 – 2.47.
🟩 Swing trading analysis $NEAR – 1H frame (Updated 07:20 GMT+7) Current price: 2.375 24h Change: +1.15% Status: After a strong breakout to 2.394, NEAR is making a slight technical adjustment around 2.37 to absorb profit-taking. The uptrend remains intact, no reversal signals yet. ⸻
🔹 Detailed analysis 1️⃣ Short-term trend: • MA(7) = 2.356 • MA(25) = 2.327 • MA(99) = 2.253 → All MAs are in the correct increasing order (7 > 25 > 99) → confirms a strong uptrend.
🟩 NEAR/USDT swing trading analysis – 1H frame (updated 11:00) Current price: 2.254 Analysis frame: 1H Status: Slight recovery after hitting the bottom of 2.202 🔹 Detailed analysis
1. Short-term trend: • After the drop to 2.20–2.21, NEAR slightly rebounded to the 2.25 range, but the recovery momentum is weak, unable to surpass MA(7) and MA(25). • The MA(7)=2.256 is crossing down MA(25)=2.249 → the short-term bearish signal is still maintained. • The current price is right near MA(99)=2.217, this is an important equilibrium zone.
SHORT-TERM TRADING SCENARIO FOR YOU: 1. If you haven't entered an order: - If the price falls to 2.17–2.18 → Safest buy. TP: 2.27–2.30 | SL: 2.15 - If it falls deeper than 2.15 → Light DCA, wait for a bounce back to 2.24. - If it breaks 2.07 → Exit the order, wait for a new setup.
2. If you are in an order and waiting to take profit: Assuming you entered an order around 2.18–2.20 (the best zone for 1H yesterday), your strategy (TP) should be divided into 2 parts as follows:
- TP: 2.27–2.28: Short resistance (nearest peak + high RSI) 👉 Take 50% of the position, secure profits. If BTC remains strong, hold the remaining part.
- TP: 2.30–2.33: TP2 – Medium resistance 👉 Take the remaining 50%, end the wave trading. If the breakout exceeds 2.33 strongly, you can hold 10% for the long wave.
→ Thus, total profit if entering the zone of 2.18 and average TP around 2.30 = ~5.5% short-term profit.
⚠️ Scenarios to avoid - Do not chase buys at 2.24–2.25 (high RSI, nearby resistance). - If BTC weakens, NEAR price may quickly revert to 2.18 before bouncing back. - If the 1H candle is strongly rejected at 2.25 → the chance of returning to the zone of 2.17–2.18 is high.