breakout level Archives - Coin Engineer https://coinengineer.net/blog/tag/breakout-level/ Btc, Coins, Pre-Sale, DeFi, NFT Thu, 29 May 2025 11:57:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png breakout level Archives - Coin Engineer https://coinengineer.net/blog/tag/breakout-level/ 32 32 Bitcoin Near Resistance: Will The Rally Begin? https://coinengineer.net/blog/bitcoin-near-resistance-will-the-rally-begin/ https://coinengineer.net/blog/bitcoin-near-resistance-will-the-rally-begin/#respond Thu, 29 May 2025 12:30:21 +0000 https://coinengineer.net/blog/?p=43380 The crypto market is once again heating up, and Bitcoin stands at the center of attention. After losing a key bullish FVG zone, the price retreated all the way to the 106,506 dollar support level, where buyers stepped in strongly. The resulting rebound has now pushed the asset back to a crucial resistance zone between

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]]> The crypto market is once again heating up, and Bitcoin stands at the center of attention. After losing a key bullish FVG zone, the price retreated all the way to the 106,506 dollar support level, where buyers stepped in strongly. The resulting rebound has now pushed the asset back to a crucial resistance zone between 107,972 and 108,725 dollars.

Can Bitcoin Break Through Resistance?

This area has previously served as a pivotal turning point, where price action reversed direction. Unless Bitcoin closes convincingly above 108,725 dollars, there remains a tangible risk of another pullback toward the 106,506 dollar support.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

With trading volume on the rise, a breakout above this resistance range could trigger a renewed rally. However, if momentum weakens, the market may see renewed downward pressure and a continuation of the range-bound movement.

Eyes On 110,000 And Beyond

Should the resistance give way, short-term targets between 110,800 and 112,300 dollars may come into play. Still, this scenario requires strong bullish volume and minimal profit-taking pressure.

Bitcoin
BTC/USDT pair 4-hour chart.

Investors are closely watching how the price reacts to this zone. Confirmation through closing levels will be key to anticipating the next major move.

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]]> https://coinengineer.net/blog/bitcoin-near-resistance-will-the-rally-begin/feed/ 0 AVAX at a Critical Zone: Will It Break Out or Pull Back? https://coinengineer.net/blog/avax-at-a-critical-zone-will-it-break-out-or-pull-back/ https://coinengineer.net/blog/avax-at-a-critical-zone-will-it-break-out-or-pull-back/#respond Thu, 24 Apr 2025 16:00:16 +0000 https://coinengineer.net/blog/?p=40785 Avalanche (AVAX) is currently pricing within a critical support zone, specifically within a bullish FVG (Fair Value Gap). This area acts as a decisive battleground between buyers and sellers. You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin! If this zone fails, the next key support lies at $18.90,

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]]> Avalanche (AVAX) is currently pricing within a critical support zone, specifically within a bullish FVG (Fair Value Gap). This area acts as a decisive battleground between buyers and sellers.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

If this zone fails, the next key support lies at $18.90, which could mark the beginning of a short-term corrective phase.

A Break Above $23.20 Could Lead to $26.90

On the upside, a strong break above $23.20 could open the doors for a move toward $26.90. This breakout would indicate renewed bullish strength and potential for a sustained upward trend.

AVAX
AVAX/USDT pair daily chart.

Traders should watch volume closely — breakouts or breakdowns without volume may lack conviction. The current price action may be the calm before a decisive move.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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