$DOG is retesting the key $0.0039 S/R.
If it holds, it could act as a springboard for another attempt at the rectangle midline (~$0.058) and the main supply zone (~0.095).
Also, check out this interesting fractal. ππΆ
@LeonidasNFT@DogOfBitcoin
π $SOL Technical Outlook π
β Bull flag breakout
β Retesting key resistance zone (~$180)
π¨ Daily RSI in overbought territory, watch for a potential pullback
The measured target is ~$240. It's within a major supply zone from Nov '21, which is also the rim of a multi-year Cup & Handle.
Break that, and the 1.618 Fib extension points to ~$275, with $500+ still being the C&H longer term target.
Let's see if SOL delivers. π
@solana
So far, so good for $XRP.
+40% from my last post, see quoted below. π―
It's now retesting a major supply zone on an extremely overbought daily RSI.
Don't be surprised if we have a pullback, it could use some time to cool off.
@Ripple
π Altseason π
Crypto Total MC (Excl. BTC & ETH)
How about a 4-year long alts Cup & Handle?
Last week, $TOTAL3 broke out of the handle resistance.
A weekly close above ATH (~1.15T) = officially Altseason π
π¦ Cup drawn on log scale
π§ Target measured on linear scale β ~$2T
π $PENGU Update π
$PENGU broke out cleanly from a long consolidation, surging past the $0.017 resistance.
β Price is now hovering around the 1.618 fib extension (~$0.030), which often acts as a short-term take-profit zone.
π― If this level holds, the next area of interest is the 2.618 fib extension at $0.040β$0.045, which also lines up with previous macro resistance.
π The daily RSI is overheated (81), so we could see some cooling off before the next leg.
π΅ In case of a pullback, watch the $0.022 area for potential support.
Still looking strong π
@pudgypenguins
π Injective (INJ) Falling Wedge Setup π
$INJ is trading within a multi-month falling wedge on the weekly chart.
π Price is compressing against both the $14 S/R and the 200-day EMA.
π RSI broke its downtrend, showing momentum shift.
π Volume increasing β potential breakout brewing.
If confirmed, the measured move target from the wedge structure is ~$60+.
Key resistances on the way: ~$35, ~$53.
Watch for a clean weekly close above wedge resistance to trigger.
@injective
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