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🔥trade on Init usdt 🔜Trade on 👉 INIT USDT 🆕Entry Target 🎯=> 0.9865 ↪️Position => short 💥🎉Take profit=>0.9550 🛑Stop loss=> no Stop loss #Init
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This is a daily (1D) candlestick chart of BTC/USDT from Binance. Here's a breakdown of the current technical analysis and what it may suggest about Bitcoin's trend: Current BTC Price $102,869.71, down -0.95% in 24h. 24h High: $104,550.33 24h Low: $102,612.50 Key Indicators & Levels Moving Averages (MA) MA(7): 103,516.88 (short-term resistance) MA(25): 98,475.92 (short-term support) MA(99): 90,107.47 (long-term support) The price is above MA(25) and MA(99), which is bullish, but below MA(7), showing short-term weakness. MACD (Momentum Indicator) MACD Line: 3,656.56 Signal Line (DEA): 3,754.40 MACD Histogram: -97.84 (negative) The MACD line has crossed below the signal line, a bearish crossover, which typically signals downward momentum. Stochastic RSI (K/D) K: 67.00, D: 76.85 K is crossing below D, and both are near overbought territory — this is a bearish signal indicating a possible reversal or slowdown. Support & Resistance Levels Immediate resistance: Around $103,516.88 Immediate support: Around $100,496.50 Strong historical support below at: $93,607.98 and $86,719.47 Trend Analysis: Bullish or Bearish? Short-term: Bearish bias due to: Price failing to stay above MA(7) MACD bearish crossover Stochastic RSI suggesting downward momentum Medium to Long-term: Still Bullish Price is well above MA(25) and MA(99) Trend since early April has been strongly upward Conclusion Current short-term outlook is bearish, showing signs of a pullback or consolidation. However, overall trend remains bullish unless the price breaks below $100K and confirms under the 25-day MA. Let me know if you want a trade strategy or support/resistance breakout alerts. BinanceAlpha$1.7MReward#EthereumSecurityInitiative #MastercardStablecoinCards
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🔥trade on Init usdt 🔜Trade on 👉 INIT USDT 🆕Entry Target 🎯=> 1.164 ↪️Position => long 💥🎉Take profit=>1.189 🛑Stop loss=> 1.147 #Init #INIT $init
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🔥trade on ETH 🔜Trade on 👉 ETH 🆕Entry Target 🎯=> 2,616 ↪️Position => long 💥🎉Take profit=>2,6565 🛑Stop loss=> 2,5865 #ETH
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