fvg explained Archives - Coin Engineer

Bitcoin Tests Key Threshold: Is a New Rally on the Horizon?

Yigit Taha OZTURK — Mon, 26 May 2025 14:30:52 +0000

The recent volatility in the cryptocurrency market has investors glued to their screens. After approaching a significant support level, Bitcoin showed a powerful reaction, triggering renewed momentum on the upside. As price action aligns closely with technical levels, short-term outlooks are gaining even more importance.

The current developments near critical thresholds may be decisive not only for direction but also for market sentiment.

Strong Bounce from a Key Support

Recently, Bitcoin pulled back to the 106,506$ level, where it found robust support. This level acted as a springboard, fueling a swift upward movement that brought the price back into technically significant territory.

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One area drawing particular attention is the bullish FVG zone (108,725$ – 107,972$) formed during this upward move. As long as the price remains above this zone, the potential for further gains remains solid.

What If the Zone Breaks Down?

However, caution is warranted. Should Bitcoin fall below the FVG zone, a retest of the 106,506$ support level becomes increasingly likely. Such a move could significantly impact short-term sentiment and decision-making among market participants.

BTC/USDT pair 4-hour chart.

Keeping a close eye on these levels and preparing for potential volatility is essential for traders.

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The post Bitcoin Tests Key Threshold: Is a New Rally on the Horizon? appeared first on Coin Engineer.

ONDO Breaks Key Resistance: Is a Bullish Move Coming?

Yigit Taha OZTURK — Thu, 15 May 2025 14:00:50 +0000

While the broader crypto market remains sideways, some altcoins are starting to show technical breakouts. Most recently, ONDO broke its descending trendline on the daily chart, catching the attention of traders. Could this breakout signal the start of a sustained uptrend?

Downtrend Broken, Minor Uptrend Forming

After a prolonged period under pressure, ONDO has taken a technically significant step. The descending trendline on the daily chart has been broken to the upside, and a minor ascending channel has begun to form. This breakout, especially with volume support, has piqued investor interest.

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If FVG Zone Holds, Target Could Be 1.11$

According to technical analysis, if ONDO can maintain support within the bullish FVG (Fair Value Gap) zone between 0.96$ – 0.88$, the price could potentially move toward the next resistance level at 1.11$. This range is also a key zone where short-term buying interest tends to increase.

However, caution is still warranted. If the FVG support zone is broken to the downside, the next likely stop for ONDO would be around 0.80$. This would suggest a renewed correction phase. While technical indicators currently show cautious optimism, price movements remain sensitive to support and resistance zones.

ONDO/USDT pair daily chart.

The post ONDO Breaks Key Resistance: Is a Bullish Move Coming? appeared first on Coin Engineer.

BNB Approaches Critical Resistance: Holding Above $620 Could Target $640

Yigit Taha OZTURK — Thu, 08 May 2025 18:45:43 +0000

All eyes are back on BNB as the popular altcoin approaches a critical resistance zone at $620. According to technical analysis, if BNB manages to hold above the $620 level on the 4-hour chart, the next upward target lies in the $640 – $644 price range.

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This breakout could indicate a continuation of bullish momentum, especially if backed by strong trading volume. Sustained movement above this level may confirm renewed strength among buyers.

If $620 Support Breaks, FVG Zone Between $613 – $604 Comes Into Play

On the flip side, $620 now acts as a key support level. If BNB fails to hold this level, the next support is found in the $613 – $604 range — a region identified as an FVG (Fair Value Gap) zone.

BNB/USDT pair 4-hour chart.

This FVG zone is considered a potential rebound area where short-term corrections could find buying interest and lead to another bullish attempt. Traders are closely watching this region as it may define BNB’s short-term direction.

The coming sessions will be crucial in determining whether BNB can break out or retrace from these levels.

The post BNB Approaches Critical Resistance: Holding Above $620 Could Target $640 appeared first on Coin Engineer.

Solana and Sui Technical Outlook: Critical Levels in Play!

Yigit Taha OZTURK — Tue, 08 Apr 2025 18:00:18 +0000

Solana had dropped to the $95 level after losing the $110 support. Currently, it is trying to regain that key $110 level. If the level is reclaimed, the next target would be the $120-$126 region.

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If this area is also broken and confirmed as support, we could see a further move towards $140. On the other hand, if the $110 support is not regained, there is a possibility of a pullback towards the $95 region once again.

SOL/USDT pair daily chart.

Sui Technical Analysis

Sui is currently located within a bearish Fair Value Gap (FVG) zone. If we see a sharp rejection from this area, the price may decline back towards the $1.70 – $1.65 region.

On the other hand, if the level is broken and reclaimed with strength, we may see a move towards $2.50.

SUI/USDT pair daily chart.

The post Solana and Sui Technical Outlook: Critical Levels in Play! appeared first on Coin Engineer.

Critical Levels in the Crypto Market: JUP, TIA and LDO Technical Analysis!

Yigit Taha OZTURK — Tue, 08 Apr 2025 16:30:29 +0000

As the cryptocurrency market regains momentum, several altcoins are drawing attention with their technical setups. In this article, we analyze the key technical levels and potential scenarios for JUP, TIA, and LDO.

JUP Technical Analysis

JUP is currently trading within a significant bearish Fair Value Gap (FVG) zone. This zone could act as a critical resistance area for the price. If the price receives a sharp rejection from this level, it could increase selling pressure and lead to a potential decline toward the $0.30 support.

On the other hand, if we do not observe any bearish movement within the FVG zone and the price breaks above it, bullish momentum may increase. In such a case, we could see an upward move toward the $0.40 level.

TIA Technical Analysis

TIA recently reclaimed the $2.35 support level, leading to a solid upward move. After this bounce, the price appears to have faced resistance from a bearish FVG zone.

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In the event of a pullback, the bullish FVG zone formed during the recent upward move will serve as the first support level. With support from this zone, the price may make another attempt toward the $2.60 level.

LDO Technical Analysis

LDO is currently holding at the $0.67 support level, which is critical. If LDO closes below this level on the daily chart, the downward movement could intensify, possibly pushing the price toward the $0.575 level.

However, if the price finds support at $0.67 and begins to move upward, the first target will be the FVG zone formed during the last decline. A break above this zone could increase bullish momentum and carry the price toward the $0.87 resistance. If a rejection occurs at this level, the price could once again return to the $0.67 support.

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