7.26 Star Raen midday chart analysis



On the 4-hour timeframe, the low-level rebound trend continues. The market flow has shifted from outflows to a small net inflow. Price is rising steadily, and this is part of the recovery phase after a major drop. However, the prior platform resistance zone overhead is relatively close. As the rebound momentum has not yet fully released, a trend reversal cannot be confirmed at this time. For the short term, it is still defined as a range-bound recovery market.

Trading plan

BTC
Rebound pressure zone: 65,000-65,300. If it faces rejection, set up short positions, stop-loss at 65,650, targets 64,200-63,800;
If it strongly holds above 65,350, then adjust the approach: pullback to around 64,600 for a low-position long trial.

ETH
Rebound pressure zone: 1,905-1,930. If it faces rejection, place short positions, stop-loss at 1,952, targets 1,845-1,815;
Only after it holds above 1,930 should you consider adjusting to a long-biased outlook.
#BTC#ETH
BTC0.72%
ETH2.82%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
RugDetective
· 14h ago
Before the volume is released, it is indeed only something to treat as range-bound trading for now. Let’s verify the 65,000 resistance level tomorrow—if it holds, then consider going long; otherwise, a short position is the steadier, safer bet.
View OriginalReply0
SushiChef
· 16h ago
Analysis is thorough; this rebound from this level can’t be chased—trading at higher altitudes is the way to go.
View OriginalReply0
  • Pinned