This week, the weekly chart printed a signal it hasn't shown throughout this entire run. While the current price sitting at $229 doesn't reveal it yet, the setup underneath is reaching a critical inflection point.
โThe most decisive level on the chartโthe line that dictates the next macro leg and defines your riskโstarts at the confluence of two primary technical indicators. The 200-day moving average rests at $235, sitting directly alongside the 0.382 Fibonacci retracement at $233. When two independent tools highlight the exact same shelf, it creates a definitive bull/bear line in the sand.
โAs long as TAO trades below this $233โ$235 zone, price action remains compressed in a tight coil. A confirmed weekly close above it completely alters the structure, shifting the chart into a clean continuation pattern.
$ZORA Facing Sharp Rejection After 55%+ Surge โ Short Setup Active ๐
โFollowing an explosive 55%+ rally, $ZORA is showing clear signs of exhaustion at higher levels and pulling back to trade around $0.00991. Sellers are stepping in, setting up a potential drop toward the $0.0090 and $0.0080 support zones if downward pressure holds.
$CYS is charging toward the next resistance $CYS has climbed nearly 14% and is now holding around $0.908 after touching $0.9231. Momentum remains strong, and a clean breakout above $0.925 could open the path toward $1.00+. LONG Entry: 0.890โ0.910 TP1: 0.925 TP2: 0.960 TP3: 1.000 SL: 0.850 Buy Now And Trade Here ๐$CYS #SKHynixStudiesJapanMemoryChipVenture #KospiDrops3.6%AsSamsungSKHynixWeaken
โ$NEAR is showing strong defense at the $1.79 support zone and setting up for a potential bullish recovery. Holding above this level creates a solid launchpad, with a reclaim of $1.90 expected to trigger upside momentum.
โ$STRK is pushing higher with strong buying momentum, up +8% and consolidating near $0.02643 after hitting a high of $0.02678. A sustained break above $0.0270 confirms resistance-to-support flip and targets $0.0300+.