Esam_Trading

Good morning traders🌞

Every candle is a new opportunity.
Every loss is tuition.
Every win is proof that discipline compounds.

Markets don’t care about your feelings but they reward those who stay consistent, protect capital, and keep showing up.
Trade the plan.
Respect the risk.
Let the process do the heavy lifting.
Today is another chance to get better.
$AIN $ONE $ZEC

$NEAR we are still in this trade. While BTC dumped from 80,000 to the 75,000 zone. Near still held above the descending channel's lower trendline. A short squeeze would be likely on NEAR.

$CYBER looks strong on daily and isn't giving us the chance for dips to ape into it. Break of this megaphone pattern will likely add more momentum into it. Watch closely for the breakout on smaller timeframe on 1H candle above the upper resistance zone of the pattern and then entry at market value would be desirable.

$JCT PUMPED 492% IN ONE WEEK!

👉What makes $JCT special?

It is the native token of Janction, an open-web resource sharing platform that supports your AI products. Janction provides services for sharing resources, including photos, storage, and processing power. Janction allows you to lease and hire a variety of service resources.

👉What caused the huge pump?

1-Widespread consumer interest in stories about AI and DePIN (decentralized physical infrastructure)

2-Described as primarily trading-driven and reflexive (short covering, liquidations, high volume exceeding market cap).

3-DWF Labs, Cogitent Ventures, MH Ventures, YBB, Waterdrip Capital, and Web3Labs were among the investors in the seed round.

4-Price action is primarily driven by narrative, and the product itself is still seen as unproven.

TECHNICAL ANALYSIS:

We need a weekly closure above 0.12636 for continuation to the upside and ATH price discovery.

On higher timeframe (1D), price has broken the key resistance zone (0.008376-0.007590). Now what I want is to price give us a S/R flip of that zone. I'll be looking for adding positions to long in the previous resistance zone.

1H tells us that we are at a resistance zone for now (0.015041-0.013481). RSI is in overbought zone, will be careful longing at the current resistance zone.

For short perspective, I would look for any deviations above the 1H resistance zone and then back below it and target back to the buying zone.

Good night💤
Signing out for today.
Take time off the charts.
Give that time to your body.
$BTC and $ETH will still be here tomorrow.
Rest well. Trade better next day.

— Esam Trading

$SOL break the small resistance level. Buying pressure is high with chasing bids. Retest in progress. NY send it 🚀

$SOL volume profile is also supporting the time spent by price at the 90-88 zone. For now price is above the POC on both profiles. Buying pressure is starting to show up as well. Looks good for a long with SL at 88.

$BTC is now at crucial support key zone. As mentioned earlier in my posts that Bitcoin loves to front run key demand zones to engineer liquidity for future reversals. That is what it did on Thursday in NY session. After the major sell off, expect bounce from this zone towards the 78,000 level. Friday is usually bearish so use less risk on the trades as we might see some increase volatility today as well as today red major event is NFP.

Forecast: -7k
Previous : 29k

$SOL this yesterday TPO looks good here. Break 91.32 level and it will fly past to the 95 level. It could face hurdle at 92.4 level but for now I need a 1H closure above 90.36 level for confirmation.

Teleport it to 95 NY please...

$CYBER formed 5 drive pattern and bounced hard from the last touch of the lower trendline zone. Next target for it is around 0.374 zone.

Won't be a wise thing to chase to pump, look for a deep retracement and then target those highs for great R:R of 2.5.