bullish scenario Archives - Coin Engineer

Sei Hits Key Resistance: Is A Breakout Imminent?

Yigit Taha OZTURK — Tue, 15 Jul 2025 10:00:23 +0000

While much of the crypto market remains under pressure, certain altcoins are showing signs of strength. Among them, Sei has reached a technically significant zone that could shape its short-term trajectory.

Key Resistance In Focus

On the daily chart, Sei has climbed toward the critical $0.3585 resistance level. This zone has previously acted as a strong rejection point, making its current test especially noteworthy.

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If Sei can break and hold above this level, the next target could be in the $0.4318 – $0.3998 resistance range. This upper zone may attract increased bullish momentum and strengthen the ongoing uptrend.

Support Levels To Watch On Pullbacks

Should the market face renewed selling pressure, a pullback toward the support zone between $0.2994 – $0.2717 may unfold. This area has previously provided a reliable floor during past corrections and may do so again if weakness emerges.

Traders are advised to closely monitor how Sei behaves around these critical levels, as potential breakouts or rejections could define the next major move.

SEI/USDT pair daily chart.

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The post Sei Hits Key Resistance: Is A Breakout Imminent? appeared first on Coin Engineer.

Ethereum Tests Key Resistance: Breakout or Pullback Ahead?

Yigit Taha OZTURK — Fri, 11 Jul 2025 13:30:39 +0000

As markets display mixed signals, traders are turning their attention back to Ethereum. Amid uncertain price swings, technical indicators on the daily chart suggest a decisive moment may be near. It’s no longer just about the direction—timing is everything.

Currently, Ethereum remains within a downward Fair Value Gap (FVG) zone on the daily chart, struggling to break out decisively. This zone has now become a critical area of resistance and could shape the asset’s next move.

Resistance Zone Holds the Key

Price is consolidating between the 3,219 – 3,030 dollar range, marking the refined FVG resistance. If this level breaks upward, the next target sits at the 3,534 dollar liquidity area. Should selling pressure remain weak at that point, the rally could extend further toward the next major target at 4,083 dollars.

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Traders are advised to take caution. As price approaches key levels, gradual profit-taking and risk reduction strategies become increasingly important to avoid sudden volatility.

Support Must Hold

In the event of a downturn, the immediate support lies between 2,801 and 2,618 dollars. Losing this range could trigger a deeper correction, potentially dragging price down to the 2,400 dollar zone. Maintaining this support area is crucial to preserve bullish potential.

ETH/USDT pair daily chart.

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New Momentum in Bitcoin Dominance: Key Support Zone Triggers Bounce

Yigit Taha OZTURK — Mon, 26 May 2025 15:00:29 +0000

As the crypto market seeks direction, investors are paying close attention not just to prices, but to broader market indicators. One such critical metric is Bitcoin dominance — the measure of Bitcoin’s share in the overall market cap. In recent days, this metric has become central to assessing market sentiment.

Changes in dominance often signal whether altcoins can breathe or get suppressed, making technical levels more significant than ever.

Strong Reaction From the Order Block Zone

The previously identified bullish order block has delivered. Bitcoin dominance received strong buying support from this area and has resumed its upward momentum. This move is shaping market expectations and risk perception across the board.

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If the current support holds, dominance may rise toward the 65.38% level — a scenario that favors Bitcoin’s continued market leadership.

Breakdown Could Signal Retreat

However, the continuation of this trend hinges on that critical support zone. A breakdown below this level could lead to a pullback toward the 62.80% mark. Such a move may offer temporary relief to the altcoin market.

BTC.D pair 4-hour chart.

Whether dominance climbs or corrects, its movements carry broader implications for the entire crypto ecosystem. These levels deserve close attention.

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.

The post New Momentum in Bitcoin Dominance: Key Support Zone Triggers Bounce appeared first on Coin Engineer.

Bitcoin Cash (BCH) Technical Analysis: Downtrend Continues!

Yigit Taha OZTURK — Tue, 15 Apr 2025 12:30:11 +0000

Bitcoin Cash (BCH) continues to follow its downward trendline on the daily chart. The price has once again faced rejection from the descending trend and pulled back into a bullish Fair Value Gap (FVG) — a critical support zone.

Key Support: Bullish FVG Area

This support zone acts as an area of previously inefficient price action, where buyers may potentially step in. If this zone is lost to the downside, the next major support lies at $271, which aligns with historical reaction levels.

Breakout Scenario

If BCH receives a bullish reaction from this zone and manages to break the downtrend with strong volume, the first target will be $418 — a significant pivot zone that has acted as support/resistance in the past.

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A sustained move above $418 would open the door toward the next key resistance at $452, which has historically triggered major sell-offs.

BCH/USDT pair daily chart.

BCH is currently trading at a pivotal technical zone. A breakdown could lead to further correction toward $271, while a breakout may initiate a trend reversal toward higher resistance levels. Traders should stay alert and prioritize risk management.

The post Bitcoin Cash (BCH) Technical Analysis: Downtrend Continues! appeared first on Coin Engineer.

Bitcoin Technical Analysis: Testing Critical Support

Yigit Taha OZTURK — Mon, 07 Apr 2025 11:30:58 +0000

Bitcoin continues to follow its downtrend on the daily chart, pulling back into the critical bullish Fair Value Gap (FVG) zone. This area will be decisive for the continuation of any upward movement.

If this FVG support breaks down, the bitcoin price could drop further towards 66,852$. On the other hand, a reaction from the 73,462$ support could fuel a strong upside move.

Key Reaction Zone: 73,462$ Support!

A solid bounce from 73,462$ could reignite bullish momentum. Holding above this level may trigger recovery, pushing bitcoin toward higher resistance zones.

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Should a confirmed breakout from the downtrend occur, bitcoin may quickly target the 84,000$ resistance, a key psychological and technical level.

BTC/USD pair daily chart.

Right now, bitcoin is at a decision point. Either the price holds and reverses upward, or we witness a deeper correction.

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Wormhole (W) at Critical Support! Will the Downtrend Continue?

Yigit Taha OZTURK — Wed, 02 Apr 2025 14:00:57 +0000

Wormhole (W) remains in a downtrend on the daily chart, currently holding at a crucial support level. If this support is lost, the price could drop further to $0.05.

Bearish Scenario

If daily closes occur below the current support, Wormhole could see extended losses.
$0.05 remains the key support level to watch.

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Bullish Scenario

A breakout from the downtrend could push Wormhole toward the bearish FVG zone.
If the FVG zone is broken, the next resistance will be at $0.133.

W/USDT pair daily chart.

Wormhole is at a critical decision point! Stay tuned for real-time updates and market insights.

The post Wormhole (W) at Critical Support! Will the Downtrend Continue? appeared first on Coin Engineer.

SUI at Critical Resistance! Will the Uptrend Continue?

Yigit Taha OZTURK — Wed, 02 Apr 2025 13:30:30 +0000

SUI broke its 4-hour downtrend, rallying up to $2.83. However, it is now struggling at $2.53 resistance. If price secures a breakout above this level, the next resistance will be the bearish FVG zone. A further breakout could push the price back to $2.83 levels.

Bearish Scenario

On the other hand, if SUI fails to break through, it may drop toward the bullish FVG zone. Losing this support could lead the price down to $2.18.

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Key Levels for SUI

Resistance: $2.53 – A breakout could accelerate gains.
Support: $2.18 – Losing this level may trigger further declines.

SUI/USDT pair 4-hour chart.

SUI is at a crucial juncture! Stay tuned for market updates and technical insights.

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Pi Coin Approaches Critical Regions! Will It Rise Again?

Yigit Taha OZTURK — Fri, 14 Mar 2025 10:56:54 +0000

Pi Coin, one of the notable projects in the cryptocurrency market, has once again drawn investor attention with its recent price movements. Technical formations on the 4-hour chart suggest both bullish and bearish scenarios that are worth monitoring in the short term.

Pi Coin Technical Outlook and Critical Levels

Pi Coin is currently undergoing a pullback towards the bullish Fair Value Gap (FVG) area that was formed during its last upward move. This region stands out as a key support zone where the price may find buying interest. If Pi Coin can hold this bullish FVG support, it could regain upward momentum and attempt to break through its immediate resistance levels.

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The $1.98 – $2.00 resistance zone is the first major barrier that the price needs to overcome. A successful breakout above this level could open the door for a move towards the higher bearish FVG zone, which would likely bring stronger buying momentum in the short term.

On the downside, if Pi Coin loses its current bullish FVG support, there is an increased risk of a decline towards the $1.28 – $1.25 support range. This area is considered a critical level where the price could attempt to stabilize and find new demand.

In the broader market context, Pi Coin’s price movements are influenced by major cryptocurrencies like Bitcoin and Ethereum. Therefore, investors should pay attention not only to technical levels but also to overall market sentiment and conditions.

PI/USDT 4-hour chart.

Price behavior around the FVG zones will be crucial for determining Pi Coin’s short- and medium-term trend. Changes in trading volume during support and resistance tests can provide important signals regarding the direction of the next move.

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