MARKET UNDER PRESSURE AGAIN ... ANOTHER REJECTION The market is struggling once again after another rejection. #BTC , $ETH , #BNB , $SOL , $XRP , #SUI and #DOGE are all trading in red, showing that buyers still don’t have full control. Hot coins are losing momentum and selling pressure is back. Until BTC breaks its resistance cleanly, I expect more ups and downs across altcoins. RLC is the only major outlier here with a huge pump, but after such an extended move, risk is also very high.

$XRP -1.7%, rejected hard from Supertrend, RSI falling fast. $XRP USDT SHORT (Scalp) Entry: 1.497-1.501 | SL: 1.512 | TP1: 1.485 | TP2: 1.478 | TP3: 1.465 Res: Supertrend 1.5103, EMA(53) 1.5053 | RSI(6) 28.7 Reclaim of 1.510 kills short. DYOR. #XRPUSDT

For this $QNT long position to have been held until now, the key was not guessing the direction, but waiting for a pullback confirmation above 255.24. When the price first surged to 263.92, I did not chase it. I waited for it to pull back without breaking the short-term moving average, then topped up the position as planned. Current floating profit: +84.31%. Structurally, the moving averages are beginning to fan upward, but what really matters is that the previous high's key level has not been fully cleared. As long as the price remains above the key pullback level, the bullish structure remains intact; if it breaks below on heavy volume, that would be a giveback after a false breakout, and I would reduce the position first. The first touch of the upper key-level zone usually triggers a shakeout. Until volume continues to expand, it is not suitable to set the target too far away all at once. My approach is to take profit on 70% as planned, keep 30% for observation, and raise the protection level along with the structure. I do not chase even if I miss a higher entry; I will wait until it establishes the key level as a confirmed key level. Here, I care more about the quality of the pullback than the excitement brought by a single bullish candle. 🙂 $SNDK $XRP