A high-conviction long trade is presented on the NEAR/ETH pair, with an entry zone between $0.05705 and $0.05662 targeting a take-profit at $0.06346. For a potential AI investment, consider buying VIRTUAL if it pulls back to the strong support area around $1.31. Conversely, a high-probability short opportunity exists on ONDO, with a recommended laddered entry between $1.169 and $1.239 to target an 8-15% drop. If you are holding Solana (SOL), consider taking profits as it has reached a major resistance zone at $242. Finally, watch for a potential high-probability long entry on Bitcoin (BTC) in the $114,000 to $114,500 zone if the market shows weakness.

Bitcoin (BTC)

• The speaker identifies two high-probability long entry zones, referred to as "banger" zones, for potential bounces if the market sees weakness.
  • Zone 1: $114,500 down to $114,000. This is considered a high-percentage bounce zone with about a 0.5% risk.
  • Zone 2: A lower trendline which the speaker notes they "don't really want to lose."
• An upside target is mentioned at $118,000, which corresponds with a CME gap that has now been closed, a significant marker for traders.
• Risk Factor: The liquidation heat map shows a large number of traders are in long positions and getting "a little bit euphoric." This increases the risk of a market flush to wipe out these positions, with potential downside targets at $113,000 and $110,000.

Takeaways

• Bullish on Dips: Consider setting buy orders in the $114,000 - $114,500 range to catch a potential bounce if the market pulls back.
• Be Cautious of Euphoria: The high number of long positions could lead to a sudden price drop. If the market starts to turn, these longs being liquidated could accelerate the downward move.
• Upside Potential: If the market remains strong, $118,000 is a key level to watch for potential profit-taking.

Near Protocol (NEAR/ETH)

• A long trade setup was proposed by a guest from the "Chart Hackers team," who identified NEAR/ETH as "bottoming out" and ready for a bounce while other coins were overextended.
• The trade is based on a range-bound price action, with the price currently at the bottom of the range.
• Technical indicators like the MACD, RSI, and Cash Flow are showing signs of bottoming out and turning back up.
• Entry: $0.05705 down to $0.05662.
• Stop Loss: $0.05602. The speaker notes that if this level is lost, the outlook becomes very bearish ("we are fucked").
• Take Profit: $0.06346, which corresponds to the 0.786 Fibonacci retracement level.
• Risk Factor: The stop loss level is obvious to many traders, and market makers may push the price down to trigger these stops (a "stop hunt") before reversing the price upwards.

Takeaways

• Potential Long Opportunity: This is presented as a high-conviction trade with a 6-to-1 risk-reward ratio. The entry is now.
• Manage Stop-Loss Risk: To avoid getting stopped out by a potential "stop hunt," consider placing a second, smaller buy order around the stop-loss level at $0.05622. This allows you to get a better average entry if the price briefly dips lower before bouncing.
• Volatility: The speaker notes that NEAR can be very volatile ("can absolutely rip"), so a smaller position size can still yield significant returns.

Pepe (PEPE)

• Following a strong pump, PEPE is now at a major resistance zone, making it a risky area.
• The speaker notes two potential scenarios:
  1. Bullish: The price forms a "flag" pattern (consolidates sideways) before breaking through resistance for another move higher.
  2. Bearish: The price rejects from resistance and pulls back to lower support levels.
• The 4-hour chart is described as "heavily overbought," suggesting the price is in an "overcooked zone" and could be due for a correction.
• A very high-risk ("Degen") trade for a short-term bounce was identified.
  • Entry: 119 down to 116 (shorthand for price levels like $0.0000119).
  • Invalidation: If this level fails, the next major support zone is down at 108 ($0.0000108).

Takeaways

• Take Profits: If you are in a long position on PEPE, this major resistance area is a logical place to take some profits off the table.
• High-Risk Entry: For aggressive traders, a small, high-risk long position could be attempted in the 116-119 zone, but be prepared to cut the trade quickly if it breaks down, as the next support is significantly lower.
• Wait for Confirmation: A more conservative approach would be to wait and see if the price can successfully break and hold above the current resistance before entering a new long position.

Virtual (VIRTUAL)

• VIRTUAL is an AI-related project that has seen a "nice explosion" in price recently.
• It is currently facing resistance at a macro trendline and a key Fibonacci level (0.236). The specific price level for this resistance is $1.38.
• A "monster support area" for a potential re-entry or to add to a position has been identified at $1.31. This level is described as the "worst bull case" and has a confluence of support from the 200-day moving average, a macro Fibonacci level, and horizontal price structure.

Takeaways

• Bullish Long-Term: The speaker seems fundamentally bullish on VIRTUAL as an AI play and suggests it's a good one to hold if you can get a decent entry.
• Key Entry Zone: Watch the $1.31 level closely. A pullback to this area could present a high-probability buying opportunity for a long-term position or a swing trade.
• Current Resistance: Be aware that the price is currently at resistance around $1.38. A rejection here is possible before a potential move down to the $1.31 support.

Goat

• There was a lot of discussion about GOAT due to its recent large price move.
• The speakers identified a potential long entry, but with some caution. The price could bounce from its current level but might also see one more dip lower first.
• A key level to watch for a long entry is $0.1064. This level corresponds to an anchored VWAP (Volume Weighted Average Price) from a recent high.
• The rationale for a potential further dip is to create bullish divergence on the charts, which requires a new price low while momentum indicators make a higher low. This is a classic reversal signal.

Takeaways

• Cautiously Bullish: A long trade on GOAT could be profitable, but it's not a straightforward entry.
• Potential Entry Strategy: Consider laddering into a position. You could take a small starter position now and set a larger buy order at the $0.1064 level to get a better average price if it dips.
• Manage Sizing: Due to the uncertainty of whether the bottom is in, it's wise to use a smaller position size to manage risk.

Fart Coin

• A short trade setup was proposed, as the coin is approaching a significant resistance area.
• The analysis suggests the coin is showing signs of exhaustion, with indicators like MACD, RSI, and Cash Flow all turning down from overbought levels.
• The resistance zone contains a "very very bearish" order block.
• Entry: Laddering short-sell orders at $0.9815 and $1.00. The second order at the psychological $1.00 level is to catch a potential spike above the first entry.
• Stop Loss: Just above $1.00.
• Take Profit: The initial target is $0.90, with a potential for the trade to extend down to $0.86.

Takeaways

• Bearish Setup: This is presented as a high-probability short trade. If you are looking to bet against the market or hedge long positions, this could be an opportunity.
• Profit-Taking Zone: If you are currently long on Fart Coin, the $0.98 - $1.00 area is a clear zone to consider taking profits, as a rejection is expected.

Ondo (ONDO)

• Another short trade setup was proposed as ONDO has reached its previous month's high and is sitting at a 3-day bearish resistance block.
• The speaker notes that all technical indicators from the daily timeframe downwards are "fried" (extremely overbought), suggesting a pullback is likely.
• Entry: Laddering into a short position from $1.169 up to $1.239.
• Stop Loss: A "fairly wide stop loss" is recommended, placed above the recent wicks to avoid being prematurely stopped out.
• Take Profit: The initial target is a move down to the VWAP and 50 SMA, representing a potential 8% to 15% drop.

Takeaways

• Potential Short/Hedge: This is another opportunity to short a coin that appears overextended. It can be used to profit from a downturn or to hedge other long positions in your portfolio.
• Laddering Strategy: The recommended entry is not a single price but a zone. Spreading your entry orders between $1.169 and $1.239 can give you a better average entry price.
• Scalp Opportunity: Even if it doesn't turn into a major correction, the speaker suggests there's a good chance for a 6-7% scalp trade downwards from these levels.

Solana (SOL)

• SOL is at a "major major resistance zone" around $242.
• This is the same resistance level the show has been highlighting for the past week.
• The speaker issued a strong warning: "no crying in the casino tomorrow if sol drops back to 220 and you didn't take profits."

Takeaways

• Take Profits: This is a critical level for SOL. If you are holding a long position, this is a prime opportunity to secure profits.
• High Risk for New Longs: Entering a new long position at this major resistance is very risky. A rejection and pullback to the $220 area is a distinct possibility.

Popcat

• The speaker announced he closed his POPCAT long position because it has reached a major resistance zone at the 200-day moving average (MA).
• The 1-hour chart is showing a double bearish divergence, a strong signal that upward momentum is weakening.
• Two potential long entry zones on a pullback were identified:
  1. Degen (High-Risk) Zone: A quick bounce could occur at $0.29. This would be part of a potential "flag" formation before another move up.
  2. Higher-Probability Zone: A stronger reversal area is the box between $0.278 and $0.266. This is described as the likely "one hour reversal zone."
• If POPCAT manages to break through the 200-day MA, there is potential for another 13% move to the upside.

Takeaways

• Profit-Taking/Caution: The area around the 200-day MA is a key resistance. It's a logical place to take profit on existing longs and be cautious about opening new ones.
• Entry on a Dip: For those looking to buy POPCAT, waiting for a pullback to the $0.278 - $0.266 zone offers a better risk-reward entry than buying at current resistance.
• Watch for a Breakout: If the price consolidates and then breaks decisively above the 200-day MA, it could signal the start of the next leg up.

Other Mentions

• Dogecoin (DOGE): The speaker was already in a long and decided to "hail mary" it by adding to the position, expressing a very bullish sentiment and seeing it as a "cash grab to the upside."
• Brett: A bullish setup was identified, with the coin in a breakout. A potential entry on a pullback was noted in the $0.0519 - $0.0539 range.
• Jelly (JELLY): A long setup was proposed, though with less confidence. Entry around $0.046, stop loss around $0.044, and take profit at $0.060. The speaker stressed using a smaller position and a wider stop.
• Polkadot (DOT): Mentioned humorously as an example that in the current bullish market conditions, "you can long a turd and it will probably turn green." This highlights the broad positive sentiment in the altcoin market.