$CROSS
4H Timeframe
CROSS is currently trading just below a major resistance zone. This level previously acted as strong support, but after breaking down, it has now flipped into resistance. Price has already been rejected from this area multiple times, making it a key level to watch.
At the moment, the 4H candle is showing selling pressure, suggesting that buyers are struggling to reclaim this resistance.
My view:
Unless a strong 4H candle closes above this resistance, the probability still favors another rejection and a move lower toward the next support area.
However, if bulls manage to secure a confirmed 4H close above the resistance, the path could open toward 0.0896, followed by 0.1040.
For now, I believe a rejection is slightly more likely than a breakout, until the market proves otherwise with a confirmed candle close.
#CROSS #Binance #TechnicalAnalysis #altcoins #trading
$DEXE
$ESPORTS
4H Timeframe
CROSS is currently trading just below a major resistance zone. This level previously acted as strong support, but after breaking down, it has now flipped into resistance. Price has already been rejected from this area multiple times, making it a key level to watch.
At the moment, the 4H candle is showing selling pressure, suggesting that buyers are struggling to reclaim this resistance.
My view:
Unless a strong 4H candle closes above this resistance, the probability still favors another rejection and a move lower toward the next support area.
However, if bulls manage to secure a confirmed 4H close above the resistance, the path could open toward 0.0896, followed by 0.1040.
For now, I believe a rejection is slightly more likely than a breakout, until the market proves otherwise with a confirmed candle close.
#CROSS #Binance #TechnicalAnalysis #altcoins #trading
$DEXE
$ESPORTS