📊 Crypto Market Outlook – Screenshot-Based Analysis❕
Your screenshot from Binance shows a broadly green market, indicating short-term bullish momentum. However, price is approaching key resistance zones, which means we must prepare for both continuation and possible correction.
Let’s break it down step by step.
🟡 1️⃣ Bitcoin (BTC) – Market Leader
Bitcoin is trading around $68,984 (+3.69%).
🔎 Key Technical Levels:
Major Resistance: $70,000 – $71,500
Strong Support: $66,000 – $64,500
📈 Scenarios:
If BTC breaks $70K with strong volume, next targets are $73K–$75K.
If rejected and price drops below $66K, correction toward $63K–$61K is possible.
🎯 Short-Term Trade Plan:
Entry: $66,500–$67,000
Stop Loss: $64,800
Take Profit 1: $70,000
Take Profit 2: $73,500
As long as BTC remains strong, the overall market trend stays bullish.
🔵 2️⃣ AAVE – Strong Momentum
Aave is trading near $120 (+6.84%).
Resistance: $125
Break above $125 → upside toward $135–$142
Stop Loss: $110
Take Profit: $135 / $142
Momentum is strong, but wait for confirmation above resistance.
🔷 3️⃣ Cardano (ADA)
Cardano is trading around $0.27 (+5.15%).
$0.30 breakout = bullish continuation
$0.25 breakdown = short-term pullback
Suggested Setup:
Entry: Near $0.26 support
Stop Loss: $0.245
Take Profit: $0.30 / $0.33
🟢 4️⃣ Algorand (ALGO)
Algorand is trading near **
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