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Bearish
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#Boom_Market_Update 🚨 #BOOM is trading inside a huge bearflag, if it breaks down the market will move toward 0.005📉

#Boom_Market_Update 🚨

#BOOM is trading inside a huge bearflag, if it breaks down the market will move toward 0.005📉

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#BTC_UPDATE As anticipated in our previous update, the market followed a bearish trajectory after rejecting from the 70k-71k resistance zone. The price action confirmed our expectations with a short-term consolidation around the 66k level, followed by a move upward to take liquidity above the 70k level. After this liquidity grab, the market began to fall, aligning with our forecast. Currently, the market is expected to consolidate between 67k to 69k in the short term. Traders should note that there is still significant liquidity above the 72k level, which might attract price action in the future. However, caution is advised as the market may exhibit volatile movements within this range.
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A Comprehensive Guide to Mining Pepe and Withdrawing to Trust Wallet
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Tapswap coin, launched in 2023 on the Solana blockchain, uses a "tap-to-earn" model via a Telegram bot, making it accessible and easy to use. Current Performance By May 2024, Tapswap has grown to over 17 million users, outpacing competitors in the Telegram ecosystem due to strong community engagement. Key Features Tap-to-Earn: Earn coins by tapping on a Telegram bot. Leagues and Boosters: Enhance earnings through ranks and boosters. Referral Bonuses: Earn more by inviting friends. Tokenomics The TAPS token has a 1 billion maximum supply, with 50% allocated to community members, 30% to the treasury, and 20% to the team and advisors. Future Prospects Plans include expanded exchange capabilities, staking rewards, and an educational platform to further engage users. Benefits and Risks Benefits: Easy Access: Simple entry via Telegram bot. Strong Community: Active and growing user base. Multiple Uses: Diverse applications for the TAPS token. Risks: Volatility: Subject to market fluctuations. Regulations: Potential impact from regulatory changes. Conclusion Tapswap coin offers a promising entry into DeFi with strong growth potential and community support. However, users should be aware of the inherent risks in cryptocurrency investments.
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#pepe⚡ (PEPE) coin, a meme-based cryptocurrency, has experienced significant price fluctuations recently. Launched in April 2023, PEPE saw explosive growth, with early investors gaining over 322,000 times their initial investments. By May 2024, PEPE's price is approximately $0.0000147 with a market cap of around $4.14 billion and over 184,000 holders. Market Trends: PEPE has benefited from renewed interest in meme coins. Despite a notable correction in 2023, its recent gains show it remains a significant player in the meme coin market. Advice for New Investors: Research: Understand the risks associated with meme coins, as they are highly volatile. Diversify: Do not invest all your funds in a single asset. Investment Strategy: Consider whether you are looking for short-term gains or long-term holding. Stay Informed: Keep up with market news to make timely decisions. Consult a Financial Advisor: For tailored investment advice. In summary, PEPE shows promise but carries high risk. New investors should be well-informed and cautious.
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#GOLD_UPDATE In conclusion, while gold has seen a recent liquidity swipe over its all-time high, the market is currently in a corrective phase, moving towards key support zones. Traders should closely monitor the minor POI for immediate opportunities and the extreme orderblock for potential long-term entries. The weekly liquidation area serves as a critical level for accumulation, setting the stage for a possible strong upward movement in the coming weeks.
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