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	<title>descending trend Archives - Coin Engineer</title>
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	<title>descending trend Archives - Coin Engineer</title>
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	<item>
		<title>SUI Breaks the Downtrend: Is a New Rally on the Horizon?</title>
		<link>https://coinengineer.net/blog/sui-breaks-the-downtrend-is-a-new-rally-on-the-horizon/</link>
					<comments>https://coinengineer.net/blog/sui-breaks-the-downtrend-is-a-new-rally-on-the-horizon/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Thu, 03 Jul 2025 12:00:37 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[Altcoin Analysis]]></category>
		<category><![CDATA[altcoin movement]]></category>
		<category><![CDATA[bullish formation]]></category>
		<category><![CDATA[chart analysis]]></category>
		<category><![CDATA[coin forecast]]></category>
		<category><![CDATA[coin trend]]></category>
		<category><![CDATA[crypto price prediction]]></category>
		<category><![CDATA[Crypto Rally]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[descending trend]]></category>
		<category><![CDATA[price action]]></category>
		<category><![CDATA[sui]]></category>
		<category><![CDATA[sui analysis]]></category>
		<category><![CDATA[SUI current status]]></category>
		<category><![CDATA[SUI price]]></category>
		<category><![CDATA[SUI price target]]></category>
		<category><![CDATA[support resistance]]></category>
		<category><![CDATA[technical analysis]]></category>
		<category><![CDATA[trend breakout]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=45464</guid>

					<description><![CDATA[<p>While the cryptocurrency markets continue to move in a volatile pattern, some altcoins are beginning to signal potential bullish momentum. One of the standout names making waves recently is SUI, drawing renewed interest from investors after a significant technical breakout. The break above the descending trendline on the 4-hour chart may be an early sign</p>
<p>The post <a href="https://coinengineer.net/blog/sui-breaks-the-downtrend-is-a-new-rally-on-the-horizon/">SUI Breaks the Downtrend: Is a New Rally on the Horizon?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="302" data-end="580">While the cryptocurrency markets continue to move in a volatile pattern, some altcoins are beginning to signal potential bullish momentum. One of the standout names making waves recently is <strong data-start="492" data-end="499">SUI</strong>, drawing renewed interest from investors after a significant technical breakout.</p>
<p data-start="582" data-end="706">The break above the descending trendline on the 4-hour chart may be an early sign of a stronger upward movement for <strong data-start="698" data-end="705">SUI</strong>.</p>
<h2 data-start="708" data-end="770">Downtrend Broken, Resistance Levels Falling One by One</h2>
<p data-start="772" data-end="1078">Following the breakout, <strong data-start="796" data-end="803">SUI</strong> surpassed the crucial $2.88 resistance level and climbed all the way to $3. This move not only broke a psychological barrier but also signaled potential for further upward price action. If $2.88 now holds as support, it could lay the foundation for a sustained bullish move.</p>
<h2 data-start="1080" data-end="1121">Is the $3.25 Target Within Reach?</h2>
<p data-start="1123" data-end="1348">All eyes are now on the $3.19–$3.25 price band. Given the current momentum and technical structure, a move towards this range appears plausible. However, this scenario depends heavily on whether the $2.88 support level holds.</p>
<hr />
<p data-start="1350" data-end="1526"><em>You Might Be Interested In: <span style="color: #0000ff;"><a style="color: #0000ff;" href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></span></em></p>
<hr />
<p data-start="1350" data-end="1526">If <strong data-start="1353" data-end="1360">SUI</strong> fails to maintain that support, a pullback toward the previously broken trendline is likely. As such, the $2.88 level remains a critical threshold in the short term.</p>
<figure id="attachment_160624" aria-describedby="caption-attachment-160624" style="width: 1784px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" class="wp-image-160624 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/07/SUI.png" alt="SUI" width="1784" height="808" /><figcaption id="caption-attachment-160624" class="wp-caption-text"><em>SUI/USDT pair 4-hour chart.</em></figcaption></figure>
<h2 data-start="1528" data-end="1574">Market Sentiment Adds Fuel to the Fire</h2>
<p data-start="1576" data-end="1806">A general recovery across the crypto market is further supporting technically strong coins like <strong data-start="1672" data-end="1679">SUI</strong>. Trend breakouts often serve as early indicators of larger bullish runs, and <strong data-start="1757" data-end="1764">SUI</strong> seems to be aligning with that narrative.</p>
<p data-start="1808" data-end="1929">Investors would be wise to keep a close eye on key technical levels to properly assess and seize potential opportunities.</p>
<hr />
<p data-start="1808" data-end="1929"><em>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 <span style="color: #0000ff;"><a href="https://t.me/coinengineernews">Telegram</a><span style="color: #000000;">,</span> <a style="color: #0000ff;" href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow">YouTube</a></span><span style="color: #000000;">,</span> and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><span style="color: #0000ff;">Twitter</span></a> channels for the latest<span style="color: #0000ff;"> <a style="color: #0000ff;" title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a></span> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/sui-breaks-the-downtrend-is-a-new-rally-on-the-horizon/">SUI Breaks the Downtrend: Is a New Rally on the Horizon?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
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		<item>
		<title>Ethereum Holding Support: Can The Rally Continue?</title>
		<link>https://coinengineer.net/blog/ethereum-holding-support-can-the-rally-continue/</link>
					<comments>https://coinengineer.net/blog/ethereum-holding-support-can-the-rally-continue/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Mon, 30 Jun 2025 15:00:26 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[Altcoin Analysis]]></category>
		<category><![CDATA[Crypto Forecast]]></category>
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		<category><![CDATA[crypto strategy]]></category>
		<category><![CDATA[crypto technicals]]></category>
		<category><![CDATA[crypto trading]]></category>
		<category><![CDATA[descending trend]]></category>
		<category><![CDATA[eth]]></category>
		<category><![CDATA[ETH chart]]></category>
		<category><![CDATA[ETH movement]]></category>
		<category><![CDATA[ETH Resistance]]></category>
		<category><![CDATA[ETH technical analysis]]></category>
		<category><![CDATA[ETH trend]]></category>
		<category><![CDATA[ethereum]]></category>
		<category><![CDATA[Ethereum outlook]]></category>
		<category><![CDATA[ethereum price analysis]]></category>
		<category><![CDATA[Ethereum support]]></category>
		<category><![CDATA[ethereum update]]></category>
		<category><![CDATA[short-term ETH]]></category>
		<category><![CDATA[support resistance]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=45272</guid>

					<description><![CDATA[<p>The recent price action of Ethereum is unfolding as anticipated, offering traders both validation and opportunity. With each technical level playing its role, the question now is whether ETH can sustain its momentum—or face a correction. Resistance Broken, Trend Line Tested After successfully reclaiming the 2,450 – 2,405 USD resistance area, ETH first met a</p>
<p>The post <a href="https://coinengineer.net/blog/ethereum-holding-support-can-the-rally-continue/">Ethereum Holding Support: Can The Rally Continue?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="2082" data-end="2327">The recent price action of <strong data-start="2109" data-end="2121">Ethereum</strong> is unfolding as anticipated, offering traders both validation and opportunity. With each technical level playing its role, the question now is whether <strong data-start="2273" data-end="2280">ETH</strong> can sustain its momentum—or face a correction.</p>
<h2 data-start="2329" data-end="2373">Resistance Broken, Trend Line Tested</h2>
<p data-start="2375" data-end="2654">After successfully reclaiming the 2,450 – 2,405 USD resistance area, <strong data-start="2444" data-end="2451">ETH</strong> first met a descending trendline. From there, the price gained momentum and pushed towards the 2,550 USD level. This move confirmed the bullish setup, giving traders confidence in the previous analysis.</p>
<hr />
<p data-start="2656" data-end="2705"><em>You Might Be Interested In: <span style="color: #0000ff;"><a style="color: #0000ff;" href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></span></em></p>
<hr />
<h2 data-start="2656" data-end="2705">Support Zone Holding, But Pressure Builds</h2>
<p data-start="2707" data-end="2919">Currently, the price remains in the support region. However, if this area fails to hold, a pullback toward 2,300 USD could occur. Such a decline would raise red flags for short-term traders looking for stability.</p>
<p data-start="2959" data-end="3143">The 2,550 USD level now acts as the immediate resistance. A strong breakout above this zone could signal a continuation of the upward trend, positioning <strong data-start="3112" data-end="3124">Ethereum</strong> for further gains.</p>
<figure id="attachment_160306" aria-describedby="caption-attachment-160306" style="width: 1783px" class="wp-caption aligncenter"><img decoding="async" class="wp-image-160306 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/06/ethereum-2.png" alt="Ethereum" width="1783" height="811" /><figcaption id="caption-attachment-160306" class="wp-caption-text"><em>ETH/USDT pair 4-hour chart.</em></figcaption></figure>
<hr />
<p data-start="2959" data-end="3143"><em>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 <span style="color: #0000ff;"><a href="https://t.me/coinengineernews">Telegram</a><span style="color: #000000;">,</span> <a style="color: #0000ff;" href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow">YouTube</a></span><span style="color: #000000;">,</span> and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><span style="color: #0000ff;">Twitter</span></a> channels for the latest<span style="color: #0000ff;"> <a style="color: #0000ff;" title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a></span> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/ethereum-holding-support-can-the-rally-continue/">Ethereum Holding Support: Can The Rally Continue?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>BNB Technical Analysis: Will the Descending Trend Break?</title>
		<link>https://coinengineer.net/blog/bnb-technical-analysis-will-the-descending-trend-break/</link>
					<comments>https://coinengineer.net/blog/bnb-technical-analysis-will-the-descending-trend-break/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Tue, 22 Apr 2025 17:30:33 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[Altcoin Analysis]]></category>
		<category><![CDATA[binance]]></category>
		<category><![CDATA[Binance Coin]]></category>
		<category><![CDATA[bnb]]></category>
		<category><![CDATA[BNB Price Analysis]]></category>
		<category><![CDATA[Crypto Analysis]]></category>
		<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[daily chart]]></category>
		<category><![CDATA[descending trend]]></category>
		<category><![CDATA[fair value gap]]></category>
		<category><![CDATA[FVG]]></category>
		<category><![CDATA[resistance level]]></category>
		<category><![CDATA[support level]]></category>
		<category><![CDATA[technical analysis]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=40653</guid>

					<description><![CDATA[<p>BNB has reclaimed the bearish FVG (Fair Value Gap) zone previously discussed in technical analyses and is now testing a significant descending trendline on the daily chart. Descending Trend Under Pressure This level is critical, as a confirmed breakout could lead to a push toward the $630 level. Historically, this zone has acted as strong</p>
<p>The post <a href="https://coinengineer.net/blog/bnb-technical-analysis-will-the-descending-trend-break/">BNB Technical Analysis: Will the Descending Trend Break?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p class="" data-start="1850" data-end="2034"><strong data-start="1850" data-end="1857">BNB</strong> has reclaimed the <strong data-start="1876" data-end="1908">bearish FVG (Fair Value Gap)</strong> zone previously discussed in technical analyses and is now testing a significant <strong data-start="1990" data-end="2014">descending trendline</strong> on the daily chart.</p>
<h2 data-start="2036" data-end="2325">Descending Trend Under Pressure</h2>
<p class="" data-start="2036" data-end="2325">This level is critical, as a confirmed breakout could lead to a push toward the <strong data-start="2153" data-end="2161">$630</strong> level. Historically, this zone has acted as strong resistance, and a successful move above it could open the door for further gains toward the <strong data-start="2305" data-end="2318">$650–$660</strong> range.</p>
<hr />
<p data-start="1444" data-end="1471"><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></em></strong></p>
<hr />
<h2 data-start="2327" data-end="2652">$630 as a Key Resistance Level</h2>
<p class="" data-start="2327" data-end="2652">On the other hand, a rejection from the trendline would shift attention back to the recently reclaimed <strong data-start="2466" data-end="2478">FVG zone</strong>, which would then be expected to act as <strong data-start="2519" data-end="2530">support</strong>. In this scenario, a consolidation phase around the support region could follow before a clearer trend direction emerges.</p>
<figure id="attachment_40657" aria-describedby="caption-attachment-40657" style="width: 1814px" class="wp-caption aligncenter"><img decoding="async" class="wp-image-40657 size-full" src="https://coinengineer.net/blog/wp-content/uploads/2025/04/BNBUSDT_2025-04-22_18-14-59_a4865.png" alt="BNB" width="1814" height="896" srcset="https://coinengineer.net/blog/wp-content/uploads/2025/04/BNBUSDT_2025-04-22_18-14-59_a4865.png 1814w, https://coinengineer.net/blog/wp-content/uploads/2025/04/BNBUSDT_2025-04-22_18-14-59_a4865-300x148.png 300w, https://coinengineer.net/blog/wp-content/uploads/2025/04/BNBUSDT_2025-04-22_18-14-59_a4865-1024x506.png 1024w, https://coinengineer.net/blog/wp-content/uploads/2025/04/BNBUSDT_2025-04-22_18-14-59_a4865-768x379.png 768w, https://coinengineer.net/blog/wp-content/uploads/2025/04/BNBUSDT_2025-04-22_18-14-59_a4865-1536x759.png 1536w" sizes="(max-width: 1814px) 100vw, 1814px" /><figcaption id="caption-attachment-40657" class="wp-caption-text"><em>BNB/USDT pair daily chart.</em></figcaption></figure>
<p class="" data-start="2654" data-end="2805">Traders are watching closely as price action in these zones will likely provide crucial clues on <strong data-start="2751" data-end="2760">BNB’s</strong> short-term momentum and overall trend shift.</p>
<hr />
<p data-start="2654" data-end="2805"><em>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 <a href="https://t.me/coinengineernews" target="_blank" rel="noreferrer noopener nofollow"><strong>Telegram, </strong></a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/bnb-technical-analysis-will-the-descending-trend-break/">BNB Technical Analysis: Will the Descending Trend Break?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>TON at a Critical Zone! Will the Uptrend Continue?</title>
		<link>https://coinengineer.net/blog/ton-at-a-critical-zone-will-the-uptrend-continue/</link>
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		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Tue, 18 Mar 2025 15:30:52 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[Altcoin Analysis]]></category>
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		<category><![CDATA[Daily Chart Analysis]]></category>
		<category><![CDATA[descending trend]]></category>
		<category><![CDATA[fair value gap]]></category>
		<category><![CDATA[FVG Zone]]></category>
		<category><![CDATA[support resistance levels]]></category>
		<category><![CDATA[The Open Network]]></category>
		<category><![CDATA[ton]]></category>
		<category><![CDATA[TON analysis]]></category>
		<category><![CDATA[TON Coin]]></category>
		<category><![CDATA[TON investment]]></category>
		<category><![CDATA[TON price analysis]]></category>
		<category><![CDATA[TON price prediction]]></category>
		<category><![CDATA[TON technical analysis]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=38641</guid>

					<description><![CDATA[<p>One of the standout projects in the crypto market, TON (The Open Network), is currently trading in a critical zone on the daily chart. The price is approaching a long-standing descending trendline. If this trendline is broken to the upside, a strong bullish move could be expected in the TON price. First Target: $3.91! Then</p>
<p>The post <a href="https://coinengineer.net/blog/ton-at-a-critical-zone-will-the-uptrend-continue/">TON at a Critical Zone! Will the Uptrend Continue?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="283" data-end="597">One of the standout projects in the crypto market, <strong data-start="334" data-end="360">TON (The Open Network)</strong>, is currently trading in a critical zone on the <strong data-start="409" data-end="424">daily chart</strong>. The price is approaching a long-standing <strong data-start="467" data-end="491">descending trendline</strong>. If this trendline is broken to the upside, a strong bullish move could be expected in the <strong data-start="583" data-end="590">TON</strong> price.</p>
<h2 data-start="604" data-end="662">First Target: $3.91! Then Eyes on the $4.50 Levels</h2>
<p data-start="664" data-end="827">If the trendline breakout occurs, the price is likely to move first towards the <strong data-start="744" data-end="753">$3.91</strong> level. This area has historically acted as a significant resistance zone.</p>
<hr />
<p data-start="829" data-end="1042"><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></em></strong></p>
<hr />
<p data-start="829" data-end="1042">Should <strong data-start="836" data-end="843">TON</strong> manage to surpass <strong data-start="862" data-end="871">$3.91</strong>, the rally may gain momentum and extend towards the <strong data-start="924" data-end="933">$4.50</strong> levels. This level stands out as a key resistance area that short-term investors will be closely monitoring.</p>
<h2 data-start="1049" data-end="1108">Pullback Scenario: The $3 Support Zone Is Critical!</h2>
<p data-start="1110" data-end="1393">However, if the price gets rejected from the <strong data-start="1155" data-end="1179">descending trendline</strong> and fails to sustain its upward move, a correction towards the <strong data-start="1243" data-end="1267">FVG (Fair Value Gap)</strong> zone formed during the recent uptrend is expected. The <strong data-start="1323" data-end="1329">$3</strong> support located in this area is extremely critical for <strong data-start="1385" data-end="1392">TON</strong>.</p>
<p data-start="1395" data-end="1572">If the <strong data-start="1402" data-end="1408">$3</strong> support fails, there is a possibility of a deeper correction down to the <strong data-start="1482" data-end="1491">$2.50</strong> levels. Therefore, investors are advised to closely watch this key support zone.</p>
<figure id="attachment_151348" aria-describedby="caption-attachment-151348" style="width: 1809px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="wp-image-151348 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/03/TON-Gunluk.png" alt="TON" width="1809" height="864" /><figcaption id="caption-attachment-151348" class="wp-caption-text"><em>TON/USDT daily chart.</em></figcaption></figure>
<hr />
<p data-start="1395" data-end="1572"><em>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 <a href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener"><strong>Telegram, </strong></a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/ton-at-a-critical-zone-will-the-uptrend-continue/">TON at a Critical Zone! Will the Uptrend Continue?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>CAKE in Critical Zone: Will the Downtrend Be Broken?</title>
		<link>https://coinengineer.net/blog/cake-in-critical-zone-will-the-downtrend-be-broken/</link>
					<comments>https://coinengineer.net/blog/cake-in-critical-zone-will-the-downtrend-be-broken/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Fri, 14 Mar 2025 13:00:55 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
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		<category><![CDATA[Altcoin Insights]]></category>
		<category><![CDATA[Altcoin Price Analysis]]></category>
		<category><![CDATA[Altcoin Signals]]></category>
		<category><![CDATA[CAKE]]></category>
		<category><![CDATA[CAKE Analysis]]></category>
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		<guid isPermaLink="false">https://coinengineer.net/blog/?p=38446</guid>

					<description><![CDATA[<p>CAKE continues to move within a descending trend line on the 4-hour chart. With recent volatility in the crypto market, investors are closely watching CAKE&#8216;s price action. Reaching key levels, CAKE appears to be at a decision point that could determine its next direction. Currently, CAKE is trading around $1.60, positioned close to its descending</p>
<p>The post <a href="https://coinengineer.net/blog/cake-in-critical-zone-will-the-downtrend-be-broken/">CAKE in Critical Zone: Will the Downtrend Be Broken?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="227" data-end="511"><strong data-start="227" data-end="235">CAKE</strong> continues to move within a descending trend line on the 4-hour chart. With recent volatility in the crypto market, investors are closely watching <strong data-start="382" data-end="390">CAKE</strong>&#8216;s price action. Reaching key levels, <strong data-start="428" data-end="436">CAKE</strong> appears to be at a decision point that could determine its next direction.</p>
<p data-start="513" data-end="1026">Currently, <strong data-start="524" data-end="532">CAKE</strong> is trading around <strong data-start="551" data-end="560">$1.60</strong>, positioned close to its descending trend line. If <strong data-start="612" data-end="620">CAKE</strong> manages to break above this trend and pushes past the <strong data-start="675" data-end="684">$1.68</strong> resistance level, a strong upward move could be initiated. Breaking through <strong data-start="761" data-end="770">$1.68</strong> would set the next target at <strong data-start="800" data-end="809">$1.80</strong>, a level that has previously acted as a significant resistance. Should <strong data-start="881" data-end="889">CAKE</strong> sustain a move above <strong data-start="911" data-end="920">$1.80</strong>, the next upside target would be in the <strong data-start="961" data-end="970">$2.00</strong> range, potentially triggering further bullish momentum.</p>
<hr />
<p data-start="1028" data-end="1400"><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></em></strong></p>
<hr />
<p data-start="1028" data-end="1400">On the other hand, failure to break the descending trend and renewed selling pressure could expose <strong data-start="1127" data-end="1135">CAKE</strong> to downside risks. The first key support level to watch is at <strong data-start="1198" data-end="1207">$1.56</strong>. If this level fails to hold, the price could retreat toward the next major support zone at <strong data-start="1300" data-end="1309">$1.45</strong>. The <strong data-start="1315" data-end="1324">$1.45</strong> area is expected to attract buyers and may act as a critical defense level.</p>
<figure id="attachment_151074" aria-describedby="caption-attachment-151074" style="width: 1811px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="wp-image-151074 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/03/CAKE-4-Saatlik.png" alt="CAKE" width="1811" height="867" /><figcaption id="caption-attachment-151074" class="wp-caption-text"><em>CAKE/USDT pair 4-hour chart.</em></figcaption></figure>
<p data-start="1402" data-end="1682">At this stage, <strong data-start="1417" data-end="1425">CAKE</strong> presents potential opportunities for short-term traders. Both bullish and bearish scenarios hinge on how the price behaves at these critical zones. Investors are advised to closely monitor these support and resistance areas before making trading decisions.</p>
<hr />
<p data-start="1402" data-end="1682"><em>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 <a href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener"><strong>Telegram, </strong></a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/cake-in-critical-zone-will-the-downtrend-be-broken/">CAKE in Critical Zone: Will the Downtrend Be Broken?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>TAO at a Critical Resistance Level! Will the Uptrend Continue?</title>
		<link>https://coinengineer.net/blog/tao-at-a-critical-resistance-level-will-the-uptrend-continue/</link>
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		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Thu, 20 Feb 2025 14:30:41 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
		<category><![CDATA[EN]]></category>
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		<category><![CDATA[resistance level]]></category>
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		<category><![CDATA[TAO]]></category>
		<category><![CDATA[TAO Coin]]></category>
		<category><![CDATA[technical analysis]]></category>
		<category><![CDATA[trend reversal]]></category>
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		<guid isPermaLink="false">https://coinengineer.net/blog/?p=36966</guid>

					<description><![CDATA[<p>TAO has experienced a strong rally after breaking the descending trend on the 4-hour chart, reaching a critical resistance level at $470. This area could serve as a decisive point for price movements. The $470 Level is a Key Threshold! If a rejection occurs at $470, the bullish FVG left behind may act as a</p>
<p>The post <a href="https://coinengineer.net/blog/tao-at-a-critical-resistance-level-will-the-uptrend-continue/">TAO at a Critical Resistance Level! Will the Uptrend Continue?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="74" data-end="284"><strong data-start="74" data-end="81">TAO</strong> has experienced a strong rally after breaking the descending trend on the 4-hour chart, reaching a critical resistance level at <strong data-start="210" data-end="218">$470</strong>. This area could serve as a decisive point for price movements.</p>
<h2 data-start="286" data-end="330">The $470 Level is a Key Threshold!</h2>
<p data-start="331" data-end="536">If a rejection occurs at <strong data-start="356" data-end="364">$470</strong>, the <strong data-start="370" data-end="385">bullish FVG</strong> left behind may act as a support level in case of a pullback. This area is a crucial zone where buyers might step in again to push the price upward.</p>
<hr />
<p data-start="538" data-end="574"><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></em></strong></p>
<hr />
<figure id="attachment_148926" aria-describedby="caption-attachment-148926" style="width: 1811px" class="wp-caption alignnone"><img loading="lazy" decoding="async" class="wp-image-148926 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/02/TAO-4-Saatlik.png" alt="TAO" width="1811" height="953" /><figcaption id="caption-attachment-148926" class="wp-caption-text">TAO/USDT Pair 4-Hour Chart</figcaption></figure>
<h2 data-start="538" data-end="574">What Are the Next Targets?</h2>
<p data-start="575" data-end="843">If the <strong data-start="582" data-end="590">$470</strong> resistance is broken, the next target to watch is <strong data-start="641" data-end="651">$493.5</strong>. This level also represents a strong resistance that could influence price action. If <strong data-start="738" data-end="748">$493.5</strong> is surpassed, the price may aim for the <strong data-start="789" data-end="812">bearish order block</strong> located in the upper region.</p>
<p data-start="845" data-end="1018">In the coming hours, the price action around <strong data-start="890" data-end="898">$470</strong> will be key for <strong data-start="915" data-end="922">TAO</strong>. Traders should closely monitor support and resistance levels while shaping their strategies.</p>
<hr />
<p data-start="845" data-end="1018"><em>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 <a href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener"><strong>Telegram, </strong></a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/tao-at-a-critical-resistance-level-will-the-uptrend-continue/">TAO at a Critical Resistance Level! Will the Uptrend Continue?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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