**Bitcoin** broke above a key resistance level yesterday, resulting in gains that stalled near the previous high of $94,140. As of writing, it trades at $92,760, up 5.5% in the last 24 hours. The head-and-shoulders bottom pattern was invalidated after the breakout, but the bullish trend remains intact. Following the break of the descending channel, a pullback is likely, offering potential entry opportunities for investors. Key support lies around $87,800–$88,800, which would be an ideal buying zone if the price retraces to this level.
Take-profit targets are set at two levels: the first near $97,350, a high-volume trading zone and a previous resistance level, aligned with the measured target of the channel breakout. The second target is around $102,000–$104,000, corresponding to a prior high and the Fibonacci 1.414–1.5 levels. A stop-loss below $87,000 should be implemented.
**Summary of Reference Levels for Bitcoin:**
Direction: Long
Entry: $88,888 ($87,800–$88,888)
Take-Profit: $97,400 / $102,000–$104,000
Stop-Loss: $87,000
**Solana** has demonstrated strong bullish momentum recently, with bearish pressure overwhelmed. Yesterday’s rally broke through a trendline, stalling near the previous high of $150, which acted as a key resistance zone. **Solana has broken through two descending trendlines (yellow and green lines in the chart), signaling a potential trend reversal.** Investors may consider entering on a pullback following this breakout. Take-profit targets are set near $177 and $199, with a stop-loss below $129, which aligns with a high-volume zone and the Fibonacci 0.618 level.
**Summary of Reference Levels for Solana:**
Direction: Long
Entry: $138
Take-Profit: $177 / $199
Stop-Loss: $128
**Sui** followed the broader market rally yesterday, breaking a descending trendline (yellow line in the chart) and reaching $2.75. Today, it continued its upward move, peaking at $2.8 but failing to break the resistance zone. As of writing, it trades at $2.751, up 23.28% in the last 24 hours.
Investors should wait for a pullback, with an ideal entry point around $2.25–$2.39 (Fibonacci 0.5–0.618), which is a support zone and a high-volume trading area.
**Take-profit can be scaled between $3.19 and $3.5, with a stop-loss set below $2.16. **
Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.