Consider buying the dip on Nvidia (NVDA), with a primary entry target at $161 and an even stronger buy level at $150. For a longer-term position, Ethereum (ETH) is approaching a major support zone between $4,100 and $4,000, presenting a potential buying opportunity. A historically profitable trade setup is re-emerging on Injective (INJ), with a key long entry zone identified between $11.74 and $11.15. Look for a high-probability long entry on Aave (AAVE) in the support zone between $301 and $294. For Bittensor (TAO), a patient strategy is to set limit buy orders around the $292 macro support level.

Bitcoin (BTC)

• The hosts are anticipating a potential relief bounce or a significant move within the next 24 hours, ahead of major US jobs data.
• The one-hour chart is showing signs of potential bullish divergence, which can signal a short-term price reversal to the upside.
• However, BTC has lost the VWAP (Volume Weighted Average Price), which is a bearish signal, suggesting any bounce could be met with selling pressure.
• A prevailing theory is that the market might sell off leading into the jobs report, then pump towards the anticipated rate cut on September 17th, followed by a potential major sell-off in October.

Takeaways

• Potential Bounce Zones: Traders could look for a short-term bounce at two key levels:
  • $109,200: This is a 618 Fibonacci retracement level, a common area for price to reverse.
  • $108,400: A lower support level to watch if the first one doesn't hold.
• Upside Resistance: If a bounce occurs, key resistance levels to watch for taking profit or potential rejections are $109,900, $111,000, and $112,000.
• Macro View: The market is in a holding pattern before the jobs data. A strategy discussed is to look for long entries on a potential sell-off Friday, anticipating a "pumpy weekend" and a run-up to the mid-September rate cut decision.

Nvidia (NVDA)

• The stock is finally experiencing a proper sell-off after a massive run-up.
• It has lost its 50-day moving average for the first time since May, which is a significant technical event.
• The daily oscillator (a momentum indicator) is nearing "bottoming out" levels, suggesting the selling pressure may be close to exhaustion.
• The long-term sentiment remains very bullish due to unbelievable earnings and strong fundamentals, even without selling its top chips to China.

Takeaways

• Buying Opportunity: The current pullback is viewed as a "nice opportunity" to buy NVDA at a discount.
• Key Entry Levels:
  • $161: The primary level the host is watching for a potential entry.
  • $150: Described as a "don't even have a discussion, you just go" buying level if the price reaches it.

Solana (SOL)

• SOL has been outperforming BTC, up 33% since early August. One analyst on X called it the "most obvious long right now."
• A successful short/hedge trade was identified on the show from the $212 resistance level.
• The one-hour chart is described as being "very close" to a reversal, suggesting a bounce could be imminent.

Takeaways

• Short-Term Bounce Zone: The primary area to watch for a potential long entry is between $201 and $199.
• Deeper Support Levels: If the market sees a larger sell-off ("shits the bed"), stronger support levels for a long entry are:
  • $192
  • $186 to $185 (described as an "absolute banger" level).
• For Shorts: Traders who took the short from $212 might consider taking profits around the $201 level, as a one-hour reversal is expected there.

Ethereum (ETH)

• On a higher timeframe (3-day chart), ETH is approaching a major support zone that is described as a "no panic" area.
• This zone is where a significant bounce is considered highly probable unless catastrophic news emerges.
• The zone is strengthened by the 15-day moving average also acting as support in that area.

Takeaways

• Major Buy Zone: For investors with a longer-term perspective, the key area to look for long entries is between $4,100 and $4,000.
• Degen (Risky) Entry: For short-term traders looking for a riskier play, a potential bounce could occur at $4,250.

Sui (SUI)

• The hosts successfully called a short trade on SUI in the previous session.
• Now, they are looking for a reversal long trade as the price approaches key support.
• The one-hour chart is about to print bullish divergence, signaling a potential bounce is near.

Takeaways

• Reversal Long Setup: A bounce is expected at one of two levels: $3.25 or $3.22.
• The $3.22 level is considered the most appealing for a potential long entry.
• The plan is to map out a "win entry" trade with a tight risk of 1-1.5% for a potential 5% gain.

Pump.fun (PUMP)

• The token has been "ripping" and is reportedly the top revenue-generating app in crypto, making $2.5 million in 24 hours. The hosts are cynical about these figures.
• It has broken through a major resistance level at $0.40, which was the price for early investors. This breakout is a bullish technical signal.
• The new strategy is to treat it as a bullish trend and look to buy on pullbacks.

Takeaways

• "Banger" Entry: The most attractive level for a long entry is $3.56, which has a confluence of the 50-day MA, the VWAP, and a 0.5 Fibonacci level.
• Interim Bounce Zones: For smaller, quicker trades, bounces could occur at $4.06 and $3.78, but the move from these levels may be less significant.

Bittensor (TAO)

• The host is waiting for the price to pull back to a key macro support level.
• This level is a confluence of a 786 Fibonacci level from the August-December 2024 pull and a historical support/resistance zone.
• A continued market bleed into Friday's data could provide the perfect entry opportunity for a green weekend.

Takeaways

• Limit Order Zone: The strategy is to set limit buy orders around $292 and "ladder" down into the position. Another level mentioned is $287.
• Risk Management: This is viewed as a trade to be taken with low leverage (3x-5x) and a relatively wide stop loss (~6%).

Aave (AAVE)

• The hosts are looking for a "round two" trade on AAVE after a previously successful one.
• A new long setup is forming as the price pulls back into a zone with strong technical support.

Takeaways

• Entry Zone: A high-probability long entry is identified between $301 and $294.
• Technical Confluence: This zone is supported by the 50-day MA, a horizontal order block, and a 618 Fibonacci level.
• Risk: The trade setup implies a risk of about 2.5%.

Bonk (BONK)

• The price is getting closer to a major buy zone that the hosts have been discussing for weeks.
• The entry feels like it needs to coincide with a test of the 200-day moving average.

Takeaways

• Patient Entry Zone: The key area to accumulate BONK is between 1.85 and 1.6.
• Strategy: This is not a level to "ape" into but rather to ladder in patiently, prepared to be in a drawdown initially.
• Bot Trading: This setup is considered a prime opportunity for a grid trading bot (e.g., on Pionex) to automatically buy the dip through the entire zone. The host plans to set one up for his community.

Injective (INJ)

• A recurring trade setup is forming that has previously resulted in 20-30% pumps.
• The price is once again approaching the 200 SMA (Simple Moving Average) on the 8-hour chart, which has repeatedly acted as a major bounce point.

Takeaways

• Entry Zone: The long entry zone is identified between $11.74 and $11.15.
• Technical Confluence: This area is a confluence of the 200 SMA, a macro rising trendline, a 618 Fibonacci level, and a bullish order block.

Collector Crypt (CARDS)

• This is a speculative play on a potential new narrative: tokenized Pokemon cards.
• Collector Crypt is the biggest marketplace for this on Solana, reportedly doing $44 million in volume in August.
• The host bought the CARDS token as a high-risk, high-reward bet on this new theme gaining traction, similar to how AI agent coins performed.

Takeaways

• Speculative Bet: This is not a trade based on technical analysis but a speculative investment in a new, emerging narrative.
• High Risk: Investors should do their own research. The idea is to get in early on a platform token that could perform well if the narrative takes off.

Other Mentions

• Gold: Described as "uber bullish" after breaking its all-time high. Key support levels are now $3,500 and $3,450.
• Brett (BRETT): A "degen" scalp long setup was identified between $0.042 and $0.04. A more significant setup is lower, around $0.038. Both require low leverage and a wide stop.
• Pendle (PENDLE): A swing trade long setup is materializing in the $4.36 to $4.18 zone, with a potential upside of 16-20%. The strategy is to be patient and ladder in.
• Aerodrome Finance (AERO): The setup is very similar to AAVE. The long entry zone at $1.04 - $1.05 is still considered valid and would be strengthened by bullish divergence on a retest.
• Pengu (PENGU): After a massive pump and subsequent dump, the token is "wrecked." A "stink bid" or deep value long entry is identified at $25.
• Wilfie (WFI): Mentioned with strong bearish sentiment, with the host stating it's "going to zero."