BNB is retesting a critical macro range. This is where the next major move will be decided.
My game plan:
🟢 HOLD THE RANGE → NEW ATH 🚀 A successful retest opens the door to a move toward $1,300+. 🔴 LOSE THE RANGE → $365 → $270 Deeper downside could bring higher-timeframe demand into play.
I'm bullish as long as this range holds.
$BNB either makes a new ATH or gives us a much deeper correction. No middle ground. 👀
$PEPE is forming a very clean falling wedge on the 30M chart.
What makes this setup especially interesting to me is the potential confluence developing near the end of the structure. I extended the 200 SMA forward to see where it may intersect the wedge, and if price continues compressing, we could end up with the lower wedge rail + rising 200 SMA + nearby Fib support all meeting in roughly the same area. That would be a very logical place for a reversal attempt. The ideal scenario for me would be: - Price works lower into the wedge. - Touches or slightly sweeps the lower rail/200 SMA. - Holds support. Then breaks the upper wedge rail with acceptance. That would give me both location and confirmation. The RSI is still fairly neutral, so there’s room for price to continue using more of the wedge before making a decision. $PEPE Of course, price does not have to touch the 200 SMA. It could front-run it and break out sooner. But if the 200 SMA and lower rail converge near the apex, that would create a very clean technical setup #MovingAverages #Fibonacci #Marketstructure #PEPE #tradingview
While the UK slept, $XRP flushed to $1.20. Yesterday I said if $1.30 went, the day's low would get another look. It went, and sellers didn't stop at that low either.
Now it's bouncing at $1.26, still under $1.28, last week's range low and the level that decides it from here.
As long as $1.24 holds I think $1.28 gets retested. Lose it and $1.20 is the retest.