$DOGE consolidating with bearish bias, but spotting some short-term rebound signs.
Price chopping in a range after the drop, still heavy bearish vibe overall, but a few things hinting at possible relief soon.
1. Volume: Recent 4H candles had solid volume on the way down → clear selling pressure. But the latest candle? Volume dropped off noticeably, often means bears are running out of steam.
2. Capital flows: Mixed but leaning negative. Futures saw big net outflow (-57M USDT over 24h), spot also outflow (-3.7M). Short-term (5m-1H) showing tiny inflows though → could stabilize near-term.
⛔ Risk Note: Still in lower highs/lower lows structure on 4H, oversold RSI/BOLL could trigger bounce but break below 0.1225 invalidates and opens deeper drop. {future}(DOGEUSDT)
🔥$SOL consolidating, but signs point to a potential bounce.
Volume's dropping during sell-offs (31.3M vs 94.5M), hinting at exhausted selling.
Capital outflows are huge (-134.27M/24H, -967.38M/7D), but shrinking lately, suggesting capitulation.
Price action: #solana Rejected 121.02 weekly low, formed a higher low at 125.81, and just flashed a pin bar, rejecting lower prices. Still in a descending channel from 244.0 high.
1. Volume: High volume on declines (291M vs avg 200M, spike to 650M mid-June) → strong selling and capitulation signs.
2. Capital Flow: Net outflows everywhere – spot 24h -7.2M, contracts 24h -30M, 7d -108M. Short-term minor inflows but weak.
3. Price Action: Down since early June, failing supports repeatedly. Long lower wicks show dip-buying but no follow-through. Consolidating near yearly lows → possible exhaustion.
#SUİ #SUIUSDT Cautious short
Entry: - Near resistance 1.485–1.495 - Or break below 1.430 (downtrend confirmation)
SL: 1.515–1.565
TP: - TP1: 1.36 - TP2: 1.25
**Rationale: Trend clearly down with distribution flows, but oversold near lows. {future}(SUIUSDT)
* Rationale: Overall bearish but heavily oversold, flow divergences, and strong support zone point to likely bounce. Watch BTC closely as market sentiment is fragile.