$ETH is coiling inside an ascending triangle โ classic consolidation pattern with higher lows meeting flat resistance. Price is compressing, volume typically thins out during this phase, and the setup points to a breakout attempt toward $2,800.
The structure is clean: support keeps stepping up while sellers defend the same horizontal level. When that resistance finally cracks with volume, the measured move from the triangle's height projects the $2,800 target.
Watch for a decisive close above ...
Listen..... $SKHYNIX setup time to open short now , make good money
entry: $1,324.27 โ $1,325.87
targets: $1,318.00 / $1,308.00 / $1,298.00
sl: $1,337.27
Hot altcoins are starting to feel pressure after rejection from recent highs.
$XRP , $ADA and $ZEC are all pulling back, while $DOT is still holding stronger than the rest.
This is the kind of reaction I was watching for after price ran into resistance.
For now, momentum has cooled and sellers are active again.
As long as key supports hold, this is still a pullback. If those supports start breaking, the correction can accelerate fast.
$ZEC Is Cooling Down Bulls Face a Key Testโผ๏ธโผ๏ธโผ๏ธ
$ZEC delivered a huge rally from around $1,000 and pushed as high as $1,256, but the momentum is now slowing down.
Price has pulled back toward $1,155, making the $1,140โ$1,150 area an important support zone to watch.
If buyers defend this region and ZEC recovers above $1,180โ$1,200, another attempt toward $1,220 โ $1,250 โ $1,280 could come into play.
But if $1,140 breaks with strength, the correction could extend toward the lower support ar...