WLFI is trading around 0.0588 and coiling tighter inside a symmetrical triangle that's been forming since mid April. The descending trendline from the 0.086 highs is capping price near 0.060, while the rising support from the 0.0513 lows sits just below around 0.056 on the daily chart.
The squeeze is getting tight and a big move is coming. A breakout above 0.060 shifts momentum bullish and opens the door toward 0.064 and 0.068 next. A breakdown below 0.056 exposes 0.0529 and the 0.0513 lows. #WLFI #Erinacrypto $WLFI
XRP is trading around 1.0952 after pulling back from the 1.18 highs hit on July 4th. Price came down to retest the rising trendline from the late June lows near 1.011, bounced right off it around 1.075, and is now consolidating just under the 1.10 level on the 4H chart.
Holding this trendline keeps the bullish structure intact, and a reclaim of 1.10 to 1.13 opens the door back toward 1.16 and 1.18 next. Losing 1.075 breaks the pattern and exposes 1.05 and below. #XRP #Erinacrypto $XRP
POL is trading around 0.0762 after a strong recovery from the 0.0688 lows in late June. Price has climbed right back into the descending trendline from the early June highs, testing it right now around 0.0765 on the 8H chart.
A break and hold above this trendline shifts the structure bullish and opens the door toward 0.0800 and 0.0840 next. Rejection here and a pullback toward 0.0730 to 0.0715 is likely before another attempt. #POL #Erinacrypto $POL
JUP is trading around 0.2110 after a sharp pullback from the 0.2500 highs earlier this week. Price has dropped straight back down toward the rising trendline from the late June lows, which is now sitting right around 0.2075 on the 4H chart.
Holding this trendline keeps the bigger structure intact, and a reclaim of 0.2140 opens the door back toward 0.2220 and 0.2300 next. Losing 0.2075 breaks the pattern and exposes 0.2010 and below #JUP #Erinacrypto $JUP
AVAX is trading around 6.465 after pulling back sharply from the recent push toward 7.00. Price is squeezing between the descending trendline from the May highs near 9.50 and the rising support from the 5.82 lows, with both converging fast on the 4H chart.
Holding the rising trendline here around 6.40 keeps the bounce alive and a break above 7.00 flips the structure bullish, opening the door toward 7.50 and beyond. Losing 6.40 exposes 6.20 and puts the 5.82 lows back in play. #AVAX #Erinacrypto $AVAX
ALGO is trading around 0.0849 after a steady grind lower from the May highs near 0.135. Price is now sitting just above the long term support trendline around 0.0815 on the 8H chart, a level that's been defended multiple times through late June and early July.
Holding above 0.0815 keeps the bounce scenario alive, with a reclaim of 0.0875 opening the door toward 0.093 and 0.099 next. Losing this trendline breaks the structure and exposes fresh lows below 0.0795. #ALGO #Erinacrypto $ALGO
ARB is trading around 0.0762 after a sharp decline from the March highs near 0.145. Price recently tapped a fresh low near 0.0702 in early July and has now bounced right into the long term descending trendline that's been in play since late March.
A breakout above this trendline near 0.0762 to 0.078 would shift the short term bias bullish and open the door toward 0.084 and 0.088 next. Rejection here keeps the downtrend intact and exposes the 0.0702 lows again. #ARB #Erinacrypto $ARB
SOL is trading around 81.06 and this setup has played out beautifully since the entry near the mid June lows. We're currently sitting on 108% profit (5x) from this call, and price has already tagged 4 out of 8 targets on the way up along that rising trendline.
Structure remains firmly bullish above the 65.00 zone that's held as solid support since the breakout. Holding above 81.00 keeps the path clear toward the remaining targets, with 84.00 as the next level in sight. #SOL #Erinacrypto $SOL
ENA is trading around 0.0764 after a long grind lower from the May highs near 0.14, with the descending trendline still capping the chart above at 0.093 on the 8H view. Price has been finding support around 0.0702 since mid July, building a flat base at that level.
Holding above 0.0702 and reclaiming 0.079 to 0.093 shifts the structure back in the bulls favor and opens the door toward 0.098 next. Losing 0.0702 exposes fresh lows below. #ENA #Erinacrypto $ENA
ZEC is trading around 455.56 after a wild ride, including that sharp crash tied to the Orchard pool exploit back in early June that sent price tumbling from the 660 highs down toward 263. Since then price has been grinding back up inside a rising wedge, now testing the descending trendline near 490 on the 8H chart.
A breakout above 490 and 530 shifts momentum back bullish and opens the door toward 570 and 610 next. Losing the rising trendline support around 420 puts this recovery at risk and exposes a deeper pullback. #ZEC #Erinacrypto $ZEC
SKY is trading around 0.0575 after a solid recovery from the lows near 0.0486 back in late June. We called this bounce early and we're currently sitting on a 77% profit (5x) from that entry, and the structure is still holding up well on the 4H chart.
Price is consolidating between the 0.0550 support and the 0.0630 resistance overhead, with the 0.0520 zone acting as a strong base below. Hold above 0.0550 and this pushes toward 0.0600 and 0.0630 next. Lose it and we drop back toward the 0.0520 to 0.0486 area. #SKY #Erinacrypto $SKY
SUI is trading around 0.7581 after a strong recovery from the lows near 0.654 back on June 25th. Price has climbed steadily since then and is now testing the descending trendline from the June 15 high near 0.83, sitting right around 0.78 on the 4H chart.
A clean break and hold above 0.78 shifts the structure bullish and opens the door toward 0.81 and 0.83 next. Rejection here and we could see a pullback toward 0.73 to 0.71 before another attempt. #SUI #Erinacrypto $SUI
RENDER trading around 1.747 right at a key inflection point on the 8H chart. Price is squeezing into the apex of a descending triangle, with the upper trendline from the June highs near 2.400 and the lower trendline from late April both converging right around 1.60.
We're watching this breakout closely since a squeeze this tight usually means a big move is coming. Break and hold above 1.60 with strength and we open the door toward 1.73 and 1.85 next. Lose the lower trendline and slip back under 1.51 and we're heading toward the 1.43 area. #RENDER #Erinacrypto $RENDER
ATOM is trading around 1.556 and things are getting critical down here. Price has been grinding inside a descending channel since the 2.700 highs back in January and is now pressing right against the lower channel support near 1.460, a level that has caught every major drop throughout this entire structure. This is make or break territory.
Hold this trendline and reclaim 1.680 and we start building a case for a recovery toward 1.900–2.000. Lose 1.460 on a daily close and the channel breaks entirely, opening the door to levels not seen in a long time. Watch this one closely over the next few sessions. #ATOM #Erinacrypto $ATOM
BTC is pushing back up to 63,443 and things are starting to look a little more interesting on the short-term chart. Price bounced hard off the 57,500 lows and has been grinding back up through the 62,800 zone, which is now acting as immediate support. The ascending trendline from the June lows is still holding below near 57,520, providing a solid structural floor.
Hold above 62,800 and push through 63,600 and we start opening the door toward 65,200 and beyond. Lose 62,800 on an 8H close and the recovery loses steam fast, putting 60,700 back in play. This is a key test for BTC right now and the next few candles matter a lot. #BTC #Erinacrypto $BTC
WLFI is at a critical moment right now. Price has been compressing inside a symmetrical triangle for weeks and we're sitting right at the apex near 0.0569. The market is coiling up and a big move is coming, the only question is which direction it breaks.
Hold above 0.0555 and a push through 0.0595 opens the door to 0.0625–0.0640. Lose the support near 0.0555 and we're looking at a drop to 0.0535. This is one to watch closely over the next few sessions. #WLFI #Erinacrypto $WLFI
IMX is trading around 0.1301 after bouncing off the lower channel support near 0.1123 and recovering back toward the 0.1301 horizontal resistance zone. The descending channel from the 0.1800 highs remains intact, with the upper trendline now sloping near 0.1370 continuing to cap any meaningful recovery.
A breakout above 0.1370 and a reclaim of 0.1410 would open the door toward the 0.1490–0.1530 range. Losing 0.1220 risks a retest of the lower channel near 0.1123. Reclaiming 0.1370 would be the first sign of a structural shift. #IMX #Erinacrypto $IMX
ETH is trading around 1,706 after a sharp recovery from the 1,505 lows, with price now breaking above the descending trendline from the 2,150 highs for the first time since late May. This is a notable development — the trendline that has capped every rally for over a month has now been breached, with the 1,720 horizontal resistance zone as the next key level to clear.
A hold above the broken trendline near 1,660 and a reclaim of 1,780 would open the door toward the 1,830–1,910 range. Losing 1,660 on an 8H close would invalidate the breakout and risk a return toward the 1,580–1,505 lows. Reclaiming 1,780 with conviction would confirm the trend is reversing. #ETH #Erinacrypto $ETH
APT is trading around 0.617 after bouncing off the lower channel support near 0.555 and recovering back toward the 0.617 horizontal resistance zone. The descending channel from the 0.760 highs remains intact, with the upper channel resistance now sloping near 0.640, continuing to cap recovery attempts and keeping the broader structure bearish.
A breakout above the upper channel near 0.640 and a reclaim of 0.660 would open the door toward the 0.680–0.700 range. Losing 0.595 on a 4H close risks a retest of the lower channel near 0.555. Reclaiming 0.640 with conviction would be the first signal that the channel breakdown is being reversed. #APT #Erinacrypto $APT
DOGE is trading around 0.07444 inside a descending channel from the 0.12000 highs in mid-May, with price now sitting just above the lower channel support near 0.06830. The channel has guided price relentlessly lower with no meaningful recovery, and the 0.07444 horizontal support zone that held for several days is now being retested as the last major defense before the channel lows.
A hold above the lower channel near 0.06980 and a breakout above the descending trendline near 0.08100 would open the door toward the 0.08700–0.09100 range. Losing 0.06980 on an 8H close would break the channel and expose the 0.06830 area. Reclaiming 0.07700 would be the first real sign that the selling pressure is exhausting. #DOGE #Erinacrypto $DOGE