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Published: 13 May 2026,08:51
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USDJPY, H4:
USD/JPY experienced a false breakout in the previous session before reversing sharply lower, with the pair falling below the critical support zone near the 158.00 level. The sharp decline highlighted strong selling pressure and triggered a significant short-term breakdown in market structure.
However, following the steep sell-off, USD/JPY has gradually recovered and is now once again approaching the key pivotal level at 158.00. This area is expected to serve as an important technical battleground for determining the pair’s near-term direction.
A rejection below the 158.00 resistance would reinforce the view that bearish pressure remains dominant and could lead to another round of downside movement. Conversely, a decisive break and sustained move above this level would signal that buyers are regaining control, potentially confirming a bullish breakout and paving the way for further recovery gains.
Overall, price action around the 158.00 zone will likely be critical in shaping the pair’s next directional move.
Resistance Levels: 159.80, 161.80
Support Levels: 156.20, 154.35
BTC, H4
Bitcoin has recently been trading within a narrowing range, with price action hovering near the key short-term pivotal level around $80,800 as the market awaits a fresh catalyst to determine its next directional move.
Although BTC continues to trade within its broader uptrend channel and remains elevated relative to recent price levels, momentum indicators are beginning to show signs of fatigue, raising the possibility of a near-term corrective pullback.
The Relative Strength Index (RSI) has retreated toward the midpoint after previously trading in overbought territory, suggesting that bullish momentum is gradually easing. Meanwhile, the Moving Average Convergence Divergence (MACD) has been forming a lower-high structure and is now approaching a potential break below the zero line—an indication that upside momentum may continue to weaken.
From a technical perspective, the $80,800 level remains a critical support zone. A sustained hold above this threshold would help preserve the broader bullish structure, while a decisive breakdown could trigger a deeper correction before the longer-term uptrend resumes.
Overall, while the prevailing trend remains constructive, the softening momentum signals suggest that caution is warranted in the near term.
Resistance Levels: 81280.00, 84,265.00
Support Levels: 79,255.00, 76,635.00
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