$WLD is still trading inside a clear descending channel, but price is now stabilizing around the 0.2748 area after reacting from the lower side of the structure near 0.246 to 0.25. That matters because buyers have at least managed to stop the immediate selloff, which keeps this looking more like a pause at support than fresh downside acceleration for now.
As long as WLD keeps building above 0.274 and holds this short-term base, the chart can still work toward a relief move inside the channel. If buyers stay in control here, a bounce toward the upper side of the structure remains possible, while losing this area would put the bearish trend back in full control.
MARKET UPDATE: $SUI $SUI is still trading inside a clear descending channel, and price is now trying to stabilize around the 0.8779 area after reacting from the lower side of the structure. That matters because even though the broader trend remains under pressure, buyers have at least managed to stop the immediate downside and hold the market above the recent lows.
As long as SUI keeps building above 0.86 and maintains this short-term base, the chart can still work toward a relief move inside the channel. If buyers stay in control here, a bounce toward the upper boundary remains possible, while losing this area would keep the bearish structure firmly intact.
$SOL shows a weak bearish trend with price hovering near the upper half of the Bollinger Bands and RSI below 45, signaling limited momentum. MACD is bullish, hinting at potential short-term strength but resistance at 83.72 is tight. Bull case: hold above 82.12 to target 85.63 and test 91.83 resistance. Bear case: lose 80.37 support and risk a deeper drop toward lower levels. Key level to watch: 82.12 support.
$PENDLE remains in a bearish structure with price trading in the lower half of the Bollinger Bands and RSI near 41, signaling weak momentum. MACD is bullish but lacks conviction to reverse the downtrend yet. Bulls need to hold above 1.105 to stabilize and target a break above 1.158 for a potential bounce. Bears take control below 1.105, risking a drop toward the next support at 1.05. Key level to watch: 1.105 support.
MARKET UPDATE: $XRP $XRP is now testing the lower side of the structure, with price sitting around 1.3815 right as it meets the rising trendline support. That makes this area important, because after the recent weakness, buyers need to defend this zone if they want to keep the broader recovery structure alive.
As long as XRP keeps holding around 1.38 and respects the ascending support, this can still turn into a reaction from trend support rather than a deeper breakdown. If buyers step in here, a recovery bounce remains on the table, while losing this area would be the clearest sign that the structure is starting to weaken.
$TAO showing a bullish structure trading in the upper half of the Bollinger Bands, but MACD signals bearish momentum divergence. RSI at 62 supports strength but lacks overbought pressure, indicating room to run. Bull case: Hold above 266.7 to target 276.9 and test resistance cluster near 278.9. Bear case: Lose 262.1, and risk slipping back toward key support at 245.1 amid bearish MACD pressure. Watch 266.7 as the pivot for the next move.
#sol Market Analysis $SOL shows a weak bullish structure but faces pressure as MACD turns bearish and RSI sits near 39, signaling weak momentum. Price trades near the lower Bollinger Band, hinting at a possible bounce or breakdown.
Bull case: Hold above 87.41 to target resistance at 89.81 and potentially test 90.41. Bear case: Lose 85.62 support and risk a deeper correction toward 83.50.
Watch 87.41 closely for the next directional move.
Because of the crisis around the Strait of Hormuz, Europe is already warning about the risk of energy shortages and another spike in prices if the war does not end soon. At the current pace, New Zealand could run out of fuel in about three weeks, while more than 500 gas stations in Australia are already out of gasoline. If oil flows and logistics do not stabilize, the global economy could start to crack by May.
Trump is expected to visit China in mid-May, which suggests the war in Iran could drag through all of April. Markets turned red again today, and Brent is back at $100. As noted earlier, if there is no progress in negotiations, pessimism is likely to return to markets by the end of the week.
Following Trump's statement about talks with Iran, $270 million in shorts were liquidated. Total liquidations over the past 24 hours reached $800 million.
It looks like manipulation and another attempt by Trump to "save the stock market" and push oil prices lower by creating the impression that everything is under control and that "we've won" - something he has generally liked to do throughout the past year.
Meanwhile, Iran's Foreign Ministry denies that any talks with the US took place and accuses Trump of trying to buy time.
TON/USDT shows a weak bearish 4H structure with EMA ribbon aligned down and RSI rejecting near 63, just below the BB upper band in a BB squeeze—setting up for a downside breakout. Despite a bullish MACD, the daily trend remains bearish, favoring shorts around 1.3 with tight stops at 1.31. Key level to watch is 1.29 for initial support and 1.2 for a deeper move.
OP/USDT remains bearish with price hugging the lower Bollinger Band and RSI deep in oversold territory at 26.5. MACD confirms downside momentum, and the structure shows weak attempts to reclaim key resistance levels. Bull case: hold above 0.11375 to stabilize, targeting a bounce to 0.1239 resistance. Bear case: break below 0.11375 risks acceleration down to lower supports and continuation of the downtrend. Watch 0.11375 closely as the pivot point.