$SOL sitting around 85.60 right now after chopping between 84.60 and 87.40 over the past day. Its been bleeding since January and still down over 70 percent from its all time high near 293. That said the selling pressure looks like its slowing down on the daily. If youre watching this one, 84 is the level that needs to hold. Clean bounce off there and I think we can push toward 90 to 92 range for a short term move. Below 84 and things get ugly fast, next real support is probably around 78. Id look to enter on a retest of 84 to 85 with a tight stop under 83. First target 90, second target 95 if momentum actually picks up.
$TRX is flat today, trading at 0.284 and barely moving. Honestly its been one of the more stable charts out there which makes it kinda boring but also interesting if youre looking for low volatility setups. The range is tight between 0.28 and 0.29 and its been stuck in there for a bit. Support sits at 0.275 area and resistance is that 0.29 level it keeps bumping into. A break above 0.29 with volume could send it to 0.31 pretty quick. Entry makes sense around 0.28 if it dips there, stop below 0.275. Not the most exciting trade but the risk reward is decent if it finally breaks out of this range.
$DOGE popping today, up about 4.4 percent and trading near 0.0957. Went from a low of 0.090 to almost 0.097 in one day which is a nice move. Still way off from its glory days but this daily candle has some energy to it. Watch 0.09 as your key support now, thats where buyers stepped in today. Resistance is around 0.10 which is also a big psychological level. If it clears 0.10 with conviction id watch for a run toward 0.11 to 0.115. Entry around 0.093 to 0.095 on any pullback makes sense, stop under 0.088. Could be a quick scalp or a swing depending on how the broader market plays out this week.
Overall market is kinda meh today. Most things are slightly green but nothing crazy. Feels like we are in a wait and see mode. Stay patient and dont force anything.
NFA-DYOR
$TRX is flat today, trading at 0.284 and barely moving. Honestly its been one of the more stable charts out there which makes it kinda boring but also interesting if youre looking for low volatility setups. The range is tight between 0.28 and 0.29 and its been stuck in there for a bit. Support sits at 0.275 area and resistance is that 0.29 level it keeps bumping into. A break above 0.29 with volume could send it to 0.31 pretty quick. Entry makes sense around 0.28 if it dips there, stop below 0.275. Not the most exciting trade but the risk reward is decent if it finally breaks out of this range.
$DOGE popping today, up about 4.4 percent and trading near 0.0957. Went from a low of 0.090 to almost 0.097 in one day which is a nice move. Still way off from its glory days but this daily candle has some energy to it. Watch 0.09 as your key support now, thats where buyers stepped in today. Resistance is around 0.10 which is also a big psychological level. If it clears 0.10 with conviction id watch for a run toward 0.11 to 0.115. Entry around 0.093 to 0.095 on any pullback makes sense, stop under 0.088. Could be a quick scalp or a swing depending on how the broader market plays out this week.
Overall market is kinda meh today. Most things are slightly green but nothing crazy. Feels like we are in a wait and see mode. Stay patient and dont force anything.
NFA-DYOR