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Crypto Sat
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Bullish
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$DF
achieved 2 Targets
Stoploss to entry after tp3 done ๐
Crypto Sat
--
Bullish
๐ตCoin -ย #DF ย /USDT
๐ LONG
โก๏ธ ENTRY - 8595 , 8430 , 8250
โ๏ธ LEVERAGE - 20x
๐ฅ TARGETS - 8670 , 8750 , 8830 , 8925 , 9085 , 9300 , 9800
๐ STOPLOSS - 8030
$DF
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Crypto Sat
@CryptoSatRed
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Bridging Bitcoin to DeFi: The Power of WBTC $WBTC stands for Wrapped Bitcoin, which is an ERC-20 token representing Bitcoin (BTC) on the Ethereum blockchain. Each WBTC is backed 1:1 by Bitcoin, meaning for every WBTC in circulation, there is an equivalent #BTC held in reserve by a custodian. Key Features of WBTC: 1:1 Peg with Bitcoin: It allows users to access Bitcoinโs value on Ethereum without directly holding BTC. Ethereum Compatibility: Since itโs an ERC-20 token, WBTC can be used in Ethereum-based decentralized applications (dApps), including DeFi protocols, such as lending, borrowing, and yield farming. Liquidity Bridging: WBTC brings Bitcoinโs liquidity to Ethereumโs ecosystem, enabling BTC holders to participate in DeFi without selling their BTC. Custodian-backed: Custodians (like BitGo) ensure that each WBTC is backed by a real BTC in reserve, verified through audits. Why is WBTC Important? It bridges the gap between the Bitcoin and Ethereum ecosystems. Allows BTC holders to utilize their assets in yield-generating DeFi projects. Enhances the liquidity and utility of Bitcoin across decentralized platforms. In short, WBTC brings Bitcoinโs value to Ethereum's DeFi space while maintaining the underlying assetโs integrity. #cryptosat
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$BIO Target 2 done ๐ธ #cryptosat
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๐ GRT Update โ In-Depth Analysis! #GRT is currently navigating a critical juncture, and all eyes are on the $0.18 region for a potential reversal. With bearish pressure dominating the charts, this level could be the deciding factor for its next move! ๐ ๐ Whatโs GRT? The Graph ($GRT ) is a decentralized protocol designed to index and query blockchain data. It plays a pivotal role in powering Web3 applications like DeFi, NFTs, and other decentralized platforms, making it an essential infrastructure project in the crypto space. ๐ Technical Analysis: ๐น Weekly Chart (1W): Price is below MA(7) and MA(25), reflecting bearish sentiment. MA(99) at $0.18120 is currently acting as support, while MA(200) ($0.33) is far above, confirming a bearish long-term trend. RSI is neutral at 47, leaning slightly bearish. ๐น Daily Chart (1D): Price is under MA(7) and MA(25), signaling short-term weakness. Both MA(99) ($0.21643) and MA(200) ($0.18990) are converging, creating a pivot zone. RSI is nearing oversold territory at 41-43, hinting at a possible short-term bounce. Outlook & Key Levels: Bullish Reversal Expected at $0.18: If bulls hold this level, we could see a reversal toward the $0.22โ$0.23 range. Reclaiming this resistance would confirm a bullish trend shift. Bearish Breakdown to $0.13: If $0.18 fails, the next support sits at $0.13, which is a high-probability target for further downside. My Suggestion : ๐ Optimistic Scenario: Expect a bounce from $0.18 as RSI nears oversold levels, driving prices back to test $0.22-$0.23 resistance. This would attract renewed bullish momentum if broken. ๐ Bearish Scenario: A breakdown below $0.18 would signal extended bearish momentum, paving the way for a drop to $0.13. This level is a key zone for long-term accumulation. Will #GRT hold the $0.18 level and rebound, or are we heading for $0.13? #CryptoSatRed
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$BIO Target 1 โ ๏ธ #cryptosat
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๐จ BREAKING NEWS ๐จ Trump-backed World Liberty Financial just made another big move! ๐ฅ They acquired 94.94 $WBTC, valued at a whopping $9.84M. Their total holdings now stand at an impressive 551.7 #WBTC, worth $57M! ๐ฐ
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