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Be careful BTC at 108,000 may be can drop to down trend
Jkman
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Be careful
BTC
at 108,000
may be can drop to down trend
$BTC
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Jkman
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#ReboundRally #ReboundRally The price prediction for VeChain (VET) is generating a lot of excitement among cryptocurrency enthusiasts! A slight drop in price is expected until January 2025, after which it will reach $0.051741. However, a significant jump is expected in April 2025, after which the price will reach $0.202621, representing an ROI of 287.11%!
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🚨 $BTC /USDT Technical Analysis and Trade Ideas 🚨 Current Price: 97,653.01 USDT (-0.73%) 24H High: 98,500.00 USDT 24H Low: 92,232.54 USDT BTC/USDT has rebounded after testing strong support at 92,232.54, showing signs of a short-term bullish recovery. The next critical resistance level stands at 103,248.19, while a break below support could lead to further downside. Long Entry Strategy: Entry Zone: 96,000 - 97,000 (on consolidation above key support) Target 1: 100,000 Target 2: 103,200 Stop Loss: Below 95,000 Short Entry Strategy: Entry Zone: Near 103,200 - 103,500 (on rejection at resistance) Target 1: 97,000 Target 2: 94,000 Stop Loss: Above 104,000 The immediate outlook suggests a likely retest of the 100,000 mark if buying momentum sustains. However, a failure to hold above 97,000 could result in a decline toward the critical support zone at 92,000. Adjust risk management accordingly as volatility increases. BTC 96,914.47 +0.38% #BTCNextMove #CorePCESignalsShift
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What’s a “Market Pullback” or “Market Correction”? Let’s Simplify! Imagine you’re selling mangoes 🍋 in your town. Prices are steady, and life is smooth. Suddenly, a buzz hits the town: “There’s going to be a Mango Smoothie Festival! 🥭 The winner gets $10,000!” Demand Skyrockets! Everyone rushes to buy mangoes. Prices shoot up because supply can’t keep up. Sellers hike prices, and some clever traders stockpile mangoes to sell later at inflated rates. But what happens next? Let’s break it down: Market Correction When everyone realizes there are plenty of mangoes to go around, prices cool off slightly—say, a 10% drop. This adjustment after an overreaction is called a market correction. Market Pullback Meanwhile, sellers from neighboring towns flood the market with more mangoes, increasing supply. Prices dip further, maybe by 20-25%. This is a pullback—a temporary drop due to higher supply or competition. Market Crash But wait! A twist! The government announces free imported mangoes. Panic ensues as buyers disappear, and prices plunge by 50%. This is a market crash, caused by unexpected, bad news. Market Manipulation And here’s the kicker: The Mango Smoothie Festival? It never existed. It was a ploy by a few greedy traders to hype the market, profit, and leave everyone else in losses. This is market manipulation, where trust collapses, and prices tank. Now think about today’s market. Are we seeing a correction, a pullback, or something more alarming like a crash? Could there even be manipulation at play? Let’s discuss your thoughts below! #MarketAnalysis #InvestSmart #Write2Earn!
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Why Altcoins Are Struggling While BTC Nears $110,000
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$MOVE Breakout Alert – Bulls Aiming for Higher Levels! MOVE 0.6375 +2.04% $MOVE is trading at $0.6412 on the 15-minute chart, showing solid bullish movement after bouncing from the support near $0.6378 and pushing toward the 24-hour high of $0.6520. With RSI at 64.72, there is still room for upward momentum, indicating bulls are in control. Trade Setup: Entry: Around $0.6412 Target 1 (TP1): $0.6450 Target 2 (TP2): $0.6480 Stop Loss (SL): $0.6350 With volume steadily increasing and MACD confirming a bullish crossover, MOVE has the potential to test these short-term targets. Watch for a push above $0.6520 to signal a stronger continuation. Manage risk carefully as volatility could emerge near resistance. #USUALSpotLaunch #BinanceAlpha
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