$BNB is showing a strong bullish structure on the 1D chart. Price is around $610.51 after reaching a recent high near $615.50.
The trend is clearly positive with price trading above MA5 at $601.27 and MA10 at $596.53. MA30 is much lower around $581.36 which supports the broader bullish structure.
Key levels to watch
Resistance
$615.50 is the immediate resistance and recent high.
A clean breakout above $615.50 could open the way toward $620 and potentially higher levels.
Support
$601 to $596 is the first support zone.
$581 is the stronger daily support around the MA30.
Market structure
Buying momentum remains strong as BNB continues making higher highs and higher lows. Open interest is also elevated which shows traders are active in the current move.
Funding remains positive which suggests longs are slightly dominant. However the price is already close to resistance so chasing the move at the top carries more risk.
My view
$BNB remains bullish while it holds above $596. A breakout and daily close above $615.50 would strengthen the bullish continuation setup.
A rejection from $615.50 could trigger a pullback toward $601 to $596 before another attempt higher.
$SPCX is showing strong selling pressure near resistance and momentum is fading.
Short $SPCX now with 25x leverage
Entry 131.50 to 133.20
TP1 128.00
TP2 124.00
TP3 115.00
TP4 105.00
SL 142.00
The key resistance is around 132.40. If price fails to hold above 133 the selling pressure could increase. A break below 128 would strengthen the bearish move.
25x leverage is very risky so use strict risk management.
$ETH go now for short trade at current price while bearish momentum remains strong and must use proper risk management as the downside move continues also watch for a possible move below 1700 if sellers stay in control
$SNDK is showing a sharp pullback after strong earnings growth. This could create an opportunity for buyers if the price finds support and starts recovering.
Go bullish on $SNDK
Look for confirmation after the pullback before entering a long position.
Target 1500+
If buyers regain control the rebound could be strong. Manage risk carefully because the stock is still highly volatile.
$MITO is showing a strong bullish breakout after a long accumulation phase. Buyers have pushed price above the previous range and momentum is building.
Long $MITO now
Entry 0.03000 to 0.03200
TP1 0.03500
TP2 0.03800
TP3 0.04200
SL 0.02750
The key level is 0.0320. If $MITO holds above this level on the 1H chart the bullish continuation setup remains strong and another move higher could follow.
$CL go now for long trade and enter around the current price with strong bullish momentum and must use stop loss at 81 to manage your risk also book profit at 87 if the bullish move continues and price breaks higher