#Algorand is setting for the rally $ALGO | Ilyas64184089 on Binance Square

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#Algorand  is setting for the rally$ALGO 

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WOO analysis: Price is now testing the support zone and needs to hold this level. You can open long position here with stop loss. We may see a bounce from here towards the resistance area. Support Area: $0.201-$0.21 Resistance Area: $0.233-$0.24 $WOO

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#ETH ANALYSIS : #ETH had a ride towards the major resistance area of $4111 - $4215 and dropped hard towards the support zone around $3280. Price had a rejection on Daily TF so we can expect a sideways movement. $ETH

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What is OI? 🛫 Open Interest (OI) represents the total number of outstanding futures or options contracts that haven’t been settled yet 🕯 For each buyer of a futures contract there must be a seller. From the time the buyer or seller opens the contract until the counter-party closes it, that contract is considered 'open'. ↗️ Right now, Bitcoin-denominated open Interest (orange line) sits lower than in the last bull run, revealing more subdued leverage usage. 👀 Traders appear cautious, entering fewer high-risk futures bets. This signals a shift from peak speculation toward steadier, possibly more institutional-driven activity. This more balanced stance can reduce the likelihood of sudden price collapses driven by mass liquidations (like last time in 2022) 🐻 #FAQ $AGLD $FIS $CVC

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#AVA continues it drop to the consolidation range after that huge pump. The area looks very healthy and for accumulation again and expect the same move sooner or later. $AVA

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ROSE dipped below the support level but quickly bounced back from that point. You can raise your stop loss to the breakeven level and hold the trade. We may see a movement toward the resistance area in the coming days. The support and resistance levels remain unchanged. $ROSE

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