$RENDER I still think $8 is an important zone to break. Th | CRYPTO MECHANIC on Binance Square

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$RENDER I still think $8 is an important zone to break. 
That's where i'll be more confident on this chart

CRYPTO MECHANIC

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$RENDER Sitting at a good zone.
I'll be more confident being a bull on this chart if it break above that $8 high.

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This is probably how the current market condition will end Or you can say this is how Bear Market move ends. The market usually goes through a sharp and painful drop first. I’ve seen this phase shake out a lot of traders. Panic sets in, people sell at a loss, and it feels like things will never recover. But eventually, the price finds a bottom. Once the bottom is in, the market enters a long and frustrating consolidation phase. This is the period where prices move sideways within a range. It feels like nothing is happening. Volatility drops, interest fades, and most traders and investors lose patience. Many will give up during this phase, either selling at a loss or simply walking away due to boredom or frustration. I Do not expect the market to go straight back into the new highs. I think it will take some time. But this is exactly where the real opportunity lies. The consolidation zone is where smart money starts accumulating, slowly and silently. It’s not flashy and won’t make headlines, but this is when serious positioning begins. Retail investors often miss this phase because they expect a quick rebound, but the market doesn’t usually move that way. I don’t expect the market to bounce straight to new highs. That’s not how it usually works. I think it’ll be a slow grind out of that consolidation zone. It’s not easy, and it takes patience, but this is where the next big wave begins. I do not know at what phase of the market we are right and where the bottom will be, I am not someone who tries to find the exact bottoms. But i do know we are going to have a great opportunity soon.

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$XRP Broke below 126 days of support Price was holding above $2 - 2.06 zone for over 4 months and yesterday price broke below it and goes straight into the demand zone and also the $1.630 target that i had in my other posts. Just like $2 zone was an important zone before it's now important for the price to reclaim this zone and hold above it. If price can reclaim this zone and holds, we can say its ready to move up. Until then As long as it doesn't reclaim this zone, I think price can revisit the lows again and probably lower.

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Funny how market makers always prove the majority wrong. They were expecting black monday When US stocks open and here we are with a 10 - 15% squeeze. I love this market 😂

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