trend breakout Archives - Coin Engineer

SUI Breaks the Downtrend: Is a New Rally on the Horizon?

Yigit Taha OZTURK — Thu, 03 Jul 2025 12:00:37 +0000

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 of a stronger upward movement for SUI.

Downtrend Broken, Resistance Levels Falling One by One

Following the breakout, SUI 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.

Is the $3.25 Target Within Reach?

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.

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

If SUI 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.

SUI/USDT pair 4-hour chart.

Market Sentiment Adds Fuel to the Fire

A general recovery across the crypto market is further supporting technically strong coins like SUI. Trend breakouts often serve as early indicators of larger bullish runs, and SUI seems to be aligning with that narrative.

Investors would be wise to keep a close eye on key technical levels to properly assess and seize potential opportunities.

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 SUI Breaks the Downtrend: Is a New Rally on the Horizon? appeared first on Coin Engineer.

Celestia Faces Critical Zone As Price Tests Key Support

Yigit Taha OZTURK — Tue, 01 Jul 2025 13:30:51 +0000

As crypto market volatility picks up once again, price movements in certain altcoins are beginning to draw serious attention. One such project, Celestia, has seen notable declines recently, putting it back under investors’ radar. The big question: is this just a correction or the start of a deeper downtrend?

Key Support Zone Under Pressure

Recent data shows that the price of TIA has dropped into the $1.38 to $1.31 support range. This area is highly significant from a technical perspective. A breakdown below this level could lead to new lows for TIA, especially if selling pressure intensifies and trading volumes remain weak. Market watchers would do well to keep a close eye on this level in the days ahead.

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

Upside Potential If Resistance Breaks

Not all hope is lost, however. Should the descending trendline break to the upside, TIA could target its next resistance between $1.68 and $1.62. A successful move beyond this range may re-energize bullish sentiment and push the price higher. For short-term traders, this breakout could offer a fresh opportunity.

What happens next for Celestia within this narrowing range will likely determine the near-term trajectory. While indicators remain mixed, this zone could offer critical trading opportunities for both bulls and bears.

TIA/USDT pair 4-hour chart.

The post Celestia Faces Critical Zone As Price Tests Key Support appeared first on Coin Engineer.

AVAX Technical Analysis: Trend Break Confirmed but No Strong Reaction Yet

Yigit Taha OZTURK — Tue, 15 Apr 2025 13:30:59 +0000

AVAX has finally broken out of its long-standing downtrend on the daily chart. However, it has yet to deliver the strong upward move that traders were expecting following this breakout.

Key Support at $15.5

After bouncing from the $15.5 support level — a historically significant area — the price climbed into the downward Fair Value Gap (FVG) zone. This area has previously acted as strong resistance, and once again, AVAX faced rejection here.

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

The price failed to break the FVG zone, showing weakness at this critical resistance. If this rejection continues, AVAX could revisit the $15.5 support level. Holding above that line is essential to prevent further downside.

Bullish Breakout Scenario: Targeting $25–$27 Range

If AVAX manages to break through the resistance zone with strong volume, it could quickly move towards the $25–$27 range. This zone represents a key technical and psychological barrier and would likely attract attention from traders.

AVAX/USDT pair daily chart.

AVAX has broken its downtrend, which is a strong technical signal, but price action has not yet confirmed sustained bullishness. If $15.5 holds and volume increases, we could see a bullish breakout toward $25–$27. However, if support fails, further correction may follow.

Traders should remain cautious, follow key support/resistance levels closely, and prepare risk-management strategies accordingly.

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 AVAX Technical Analysis: Trend Break Confirmed but No Strong Reaction Yet 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.

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

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.

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

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.

The post Bitcoin Technical Analysis: Testing Critical Support 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.

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

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.

The post SUI at Critical Resistance! Will the Uptrend Continue? appeared first on Coin Engineer.

GRT Technical Analysis: The Downward Trend Continues!

Yigit Taha OZTURK — Tue, 01 Apr 2025 15:30:10 +0000

GRT is currently in a downtrend on the daily chart. The price action suggests a critical decision point.

Bullish Scenario:

If GRT breaks the descending trend with strong volume, an upward move could begin.
The first target would be the bearish FVG zone.
Holding above this level could signal further gains.

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

Bearish Scenario:

If GRT gets rejected at trend resistance, selling pressure may increase.
The nearest support level is $0.08.
Losing this support could push the price down to $0.07.

Key Support and Resistance Levels:

Main Support: $0.08 – $0.07
Main Resistance: Descending trendline and FVG zone

GRT/USDT pair daily chart.

High volatility is expected for GRT, making it crucial for traders to monitor key levels closely.

The post GRT Technical Analysis: The Downward Trend Continues! appeared first on Coin Engineer.

TOTAL3 at a Critical Support Level: Are Altcoins at Risk?

Yigit Taha OZTURK — Fri, 28 Mar 2025 11:30:02 +0000

The total altcoin market capitalization (TOTAL3) continues its downward movement within a falling trend. Currently, TOTAL3 has dropped to $784 billion, a crucial support level. If this level is breached, a further decline toward $700 billion could occur, leading to sharp losses in the altcoin market.

The weakness in Bitcoin and Ethereum, along with the overall selling pressure in the market, suggests that TOTAL3 might extend its downtrend.

Why Is TOTAL3 Dropping?

Several key factors are driving the decline in the altcoin market:

Bitcoin Weakness: BTC’s ongoing downtrend is negatively affecting altcoins, causing investors to move liquidity into BTC or stablecoins.
Sustained Downtrend: TOTAL3 has been in a falling trend for an extended period, and without a strong breakout, further declines are possible.
Liquidity Issues: Low-volume trades and large sell orders are putting additional pressure on altcoin prices.

These factors combined suggest that TOTAL3 may continue its decline, and altcoins could face further losses.

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

What Happens if the $784 Billion Support Breaks?

TOTAL3’s $784 billion level is currently the most critical support zone. If it fails to hold, the altcoin market may experience increased selling pressure.

Key levels to watch:

$784 billion → A crucial support area; losing this level could accelerate the downtrend.
$700 billion → A further drop could lead to a widespread sell-off in altcoins.

If TOTAL3 falls below these levels, many altcoins could hit new lows. Additionally, Bitcoin’s movement will play a crucial role in determining the direction of the altcoin market.

TOTAL3 daily chart.

What Is Needed for an Altcoin Market Recovery?

For the altcoin market to recover, several conditions must be met:

Bitcoin needs to stabilize: A BTC uptrend is crucial for altcoins to regain momentum.
Liquidity must increase: A renewed interest from investors and higher trading volumes are necessary.
Downtrend breakout: If TOTAL3 surpasses $900 billion, breaking above the falling trend, it could trigger a new bullish phase for altcoins.

Currently, the market outlook remains bearish, and investors should closely monitor the $784 billion support level to assess the next move.

The post TOTAL3 at a Critical Support Level: Are Altcoins at Risk? appeared first on Coin Engineer.

TON Price Analysis: Downtrend Broke, Target Reached!

Yigit Taha OZTURK — Fri, 21 Mar 2025 15:00:50 +0000

TON (The Open Network) successfully broke its previous descending trendline after testing it at a key resistance level we highlighted in our previous analysis. Following the breakout, TON retested the trendline and confirmed it as new support before rallying towards our initial target zone. This movement fulfilled the short-term bullish outlook we anticipated.

Current Price Action and Status

After reaching the 3.10 – 3.20 USDT target zone, TON faced selling pressure and saw a rejection at that resistance level. Currently, the price is expected to find support at the 2.80 – 2.90 USDT area, which corresponds to the previous trendline breakout level. If buyers step in at this zone, TON could gain bullish momentum once again.

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

Potential Scenarios

If TON holds above the broken descending trendline, buyers may push the price toward the 3.30 USDT FVG (Fair Value Gap) zone. A breakout above this level could open the door for further upside toward 3.50 USDT and beyond.
If TON loses support at 2.80 USDT and closes below it on the daily timeframe, the price could fall back toward the 2.60 USDT support zone. Further weakness could bring 2.40 – 2.50 USDT back into focus.

TON/USDT daily chart.

The recent trendline breakout and successful target achievement offer positive signals for TON. However, the resistance area has triggered profit-taking, and short-term sideways or slightly bearish price movements may follow. Holding above the 2.80 USDT support zone is crucial for maintaining a bullish structure in the medium to long term.

Traders are advised to monitor support and resistance levels closely and adjust their strategies accordingly. If TON re-enters the descending trendline zone, downside risks may increase.

The post TON Price Analysis: Downtrend Broke, Target Reached! appeared first on Coin Engineer.

Maker (MKR) Breaks Downtrend and Reaches Critical Resistance Zone

Yigit Taha OZTURK — Thu, 27 Feb 2025 10:00:35 +0000

The recent volatility in the crypto market has led Maker (MKR) to break its long-standing downtrend on the 4-hour chart, marking a significant upward movement. With this breakout, the price has reached a critical zone, shaping key levels for investors.

Currently, MKR is facing strong resistance in the bearish Fair Value Gap (FVG) zone above. This level is crucial, as breaking through it could push the price higher. If this resistance is surpassed, the next target will be the $1,969 resistance level. A successful breakout above this level could lead to further price appreciation.

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

MKR/USDT pair 4 hour chart.

On the downside, in case of a market pullback, MKR has key support zones that need to be watched closely. The order block just below the current price serves as the first support level, followed by the $1,555 support zone. If the price drops further, the $1,358 level will act as the next major support.

Considering market dynamics, Maker (MKR) remains a highly volatile asset, making technical indicators and price trends critical for investors. Breaking the resistance could fuel further gains, while losing key support levels may trigger deeper corrections.

The post Maker (MKR) Breaks Downtrend and Reaches Critical Resistance Zone appeared first on Coin Engineer.