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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 $0.6520 to signal a stronger continuation. Manage risk carefully as volatility could emerge near resistance. #USUALSpotLaunch #BinanceAlpha
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$BTC The current status of Bitcoin is somewhat ridiculous 🤣🤣🤣. It has been in a slow decline all afternoon, but the drop is too slow, which indicates that the support level below is still strong, while the pressure above is gradually increasing. I predict that Bitcoin will generally trend downward tonight, with a possibility of a sudden rebound, but it won't exceed 105600. However, it will ultimately decline. For those who like to short in the short term, you can go ahead and make a move, but at this current position, I don't recommend going long; those who want to go long should wait a bit longer. With many years of real trading experience, I update my points articles irregularly every day. For those who like to follow strategies, feel free to click on my profile to reach out...
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