$PIEVERSE just broke below the rising channel it had been building since the sharp drop off the 2.27 high.
The bounces inside that channel were slow, with each push stalling under the upper trendline near 2.10 and never getting back toward the highs. That looks more like a bear flag than a base. The lower trendline gave way around 2.00 on a strong red candle, and the last two closes are sitting under it. The first real support is the 1.90 area where the channel started, and below that there's very little structure until 1.80.
If price stays under 2.00 and the channel line turns into resistance on a retest, I'd expect 1.90 first and then a push toward 1.80. If it reclaims 2.10 and holds, the breakdown was a fakeout, and the 2.25 resistance comes back into play.
$BTC lost the weekly 50 EMA and is now sitting right above the 200 EMA, with the 70-74K zone as the next real test.
The rejection near 87K turned into five red weekly candles in a row, and the last one closed under the 50 EMA around 78.2K. What I like about the 70-74K zone is that it stacks the 200 EMA near 70K with the area where the big weekly breakout candle started, so buyers have a reason to show up there. I'm not treating it as a guaranteed bounce, though. Momentum is still pointing down, and the 50 EMA is now overhead resistance.
If price holds 70-74K and reclaims 78.2K, the pullback was just a retest and the trend stays intact. If BTC closes a weekly candle below 70K, the 200 EMA is gone as support, and the next area on the chart is the 60K lows.
Today i am watching $INIT price action is good but there is a resistance above 0.25$ area. This resistance remains active for now and a rejection from this level will trigger a break down here in $INIT So keep an eye on this for now 👀
Earlier in the live stream i talked about $PIEVERSE . As i mention about the only resistance in 2$ area. Today it has break the resistance and punped again towards 2.5$ area. Now we need to wait for how this movement will unfold.
Another common movement in these scam coin here. $UAI i have shared short setup on this token multipile times on top.
This week it started dropping from the top. while some traders may think it was going to pump again like before but the reality is different once again for this token.
If you look closely on the weekly candle there is nothing or any hope for a good support zone it was bearish since the beginning.
Now before the weekly candle close it has dropped below 0.10$ once again which i mention mutipile times 👀
$AKE just hit the target yet again and from the same range that i was telling you to short 😃😃
Despite big attempts for a break out it failed every time and now AKE has dropped again and Hit the 1st and 2nd target 👀 now watchout for $ONE and $IDOL