#PEOPLEUSDT is forming an ascending triangle pattern. The dynamic resistance formed in the chart has not been broken so far, and after breaking it, the price can grow again to the level of $0.14000.

The $0.04400 support level is very important and the price should continue to trade above this level.

The resistance level of $0.07400 is still standing and the price must first cross the dynamic and static resistance to start the upward trend.

#LITUSDT is compressed within a falling wedge pattern, a classic bullish reversal signal.
If #LIT gets rejected at the upper trend line of the wedge, we might see a retest of the major support zone around $0.5. This level has consistently provided strong support and is rich with liquidity.

Should #LITUSDT fail to bounce back from the $0.5 support, our eyes will be on the next critical level at $0.400 . Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.

But remember, if #LIT breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.

In the daily time frame, #GALA is breaking and falling below the descending channel and retesting the demand level at $0.01400-0.01250.

The price is now almost at its historical bottom, and no other support level can be considered for it historically.
If the current level is broken, we will see a deeper price drop.
But if the current level can provide good support from the price, the previous peaks can be reached in the shortest possible time.

#APT is still moving in a bearish wedge pattern and has broken the $6.20-$6.70 support level.
Now the price has formed a double peak pattern, the dynamic and static support has been broken, but the downward trend is slowing down.

If the price succeeds in breaking both the dynamic resistance and the resistance level, which was previously a support, we can expect a re-growth to the resistance level of $10-11.

#BitcoinCash has seen an unsuccessful breakout of the bearish channel on the daily time frame, followed by a sharp price drop.

#BCH dropped for the second time to the demand level of $285.0-295.0 and then recovered.

Now, with the price reaching the ceiling of the descending channel, there is a possibility of crossing the $400.0 resistance.
But if this time the price cannot cross the dynamic resistance, we will see a fall back to the support level.

#JASMYUSDT is still sticking to the wedge pattern that was formed earlier and is now approaching its bottom.
In the chart, you can also see a double top pattern, if the price moves according to this pattern, it will drop to $0.01200.

Maintaining the support level of 0.01540 - 0.01400 means the continuation of the upward trend, if this level is broken and ^#JASMY leaves the wedge pattern, we will see a sharp drop in the price.

Currently, #ATAUSDT is compressed within a falling wedge pattern, a classic bullish reversal signal.

Should #ATA fail to bounce back from the $0.0820-$0.0700 support, our eyes will be on the next critical level at $0.0580. Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.

But if $ATA breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.

After breaking the dynamic support and reaching the resistance level of $4.800-$5.900 dollars, #UNFI fell to the support level of $2.500-$3.000 , in the current scenario, we can expect the price to return to the ceiling of the descending channel.

if #UNFIUSDT fails to bounce back from this zone The next level we’re watching is $1.500. Historically, this has been a stronghold for UNFI , with a high probability of a rebound.

However, the stakes are high. If UNFI breaks below these key support levels, we might see the bears seize control, leading to a potential bearish continuation.

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#GMX is trading within a descending channel, We are expecting a bullish breakout from the descending line .

The price is currently adhering to a descending resistance pattern. However, the price is inching closer to a resistance level at $33.5, which could be the game-changer. If the price taps into this level and gains momentum, we might witness a bullish breakout.

A break above the descending resistance could push #GMXUSDT toward the major supply area at $58.00. This zone is crucial—if we see a successful breach, expect a strong bullish move targeting the next resistance zone.

If #GMXUSDT fails to sustain momentum and gets rejected at the supply area, the price could pull back. A bullish rebound might occur from the lower strong support at $20.00.

#EOSUSDT is compressed within a falling wedge pattern, a classic bullish reversal signal. It's the combination of increasing trading volume and improving macro market sentiment.

If #EOS gets rejected at the upper trend line of the wedge, we might see a retest of the major support zone around $0.4000 . This level has consistently provided strong support and is rich with liquidity.

After falling from the support level of $500.0, #BinanceCoin reached the support level of $400.0 and recovered and is now trading above both levels.

As you can see in the chart, a dynamic resistance still prevents #BNBUSDT growth, so in the first step, crossing and breaking this resistance can be a sign of the continuation of the upward trend in the daily time frame.

So far, BNBUSDT has hit the dynamic resistance 2 times and failed to break it, these collisions may reach up to 5 times and then the price will start to grow. The current price movement scenario is between the $400.0 support and the dynamic resistance.

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🗓️ 16th August 🕓 4 PM UTC

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