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#ETH is unable to break above the $2500 level. Price drops from there and goes below the support level to hunt stop losses. The good thing is that the price does not give a candle close below the uptrend line. A candle close below the uptrend line is bearish and dumps the price again towards the support level. #ETH2024

#ETH is unable to break above the $2500 level. Price drops from there and goes below the support level to hunt stop losses. The good thing is that the price does not give a candle close below the uptrend line. A candle close below the uptrend line is bearish and dumps the price again towards the support level.

#ETH2024

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๐ŸŒŸ๐Ÿ” Binance Coin (BNB) in a Critical Zone ๐Ÿ“‰๐Ÿ’  ๐Ÿšจ BNB's Risky Range: Binance Coin (BNB) is currently in a precarious range between $241 and $205. Its position within this zone could significantly impact the broader digital currency market. ๐Ÿ“‰ Lack of Support Below $205: There is almost no static support below the $205 level. A fall below this point could lead to undesirable market consequences. ๐Ÿ“ˆ Potential Upside Movement: As long as BNB remains within this box, an upward movement could positively influence the altcoin market. However, reaching the box's upper limit of $241 could hinder the growth of other altcoins. ๐Ÿ›’ BNB Buying Strategy: Consider buying BNB after it crosses $241, with a stop loss around $200, which represents a risk of approximately 20%. ๐Ÿ”ป Downward Movement Impact: A downward trend in BNB could lead to a drop in altcoin values. I'll discuss the implications of BNB falling below $205 in more detail later. ๐Ÿ’ก Personal Approach: I plan to wait and buy BNB after it surpasses $241 and then hold. ๐Ÿ” Key Resistance Ahead: An important resistance to watch is at $350. Beyond this point, there is no significant resistance. ๐Ÿ”‘ Related Categories: Binance Coin Analysis Market Impact and Strategy Support and Resistance ๐Ÿ“ฃ How are you navigating BNB's current position? Do you see an opportunity or a risk? Share your insights! ๐Ÿ’ฌ๐ŸŒ #BNBAnalysis #CryptoMarketImpact #TradeCityPro ๐Ÿ“š Remember: Cryptocurrency trading is highly speculative and risky. Always conduct your own research and consider your financial goals and risk tolerance! ๐Ÿง ๐Ÿ’ผ Support Creator Binance Id 436129247 #BTC #BNB๐Ÿ”ฅ #bnbprize #BNB+3.74% #bnbwin
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