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$PROS
/USDT Technical Analysis đŻ
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$PROS /USDT Technical Analysis đŻThe PROS/USDT pair is seeing some sharp moves in the past 24 hours, currently trading at $0.3922, down by 24.59%. Here are three targets to watch:1. Immediate Support: $0.3800 This is the recent 24-hour low. If the price stabilizes here, we might see a recovery. Itâs a critical level to monitor for bullish activity. 2. First Resistance: $0.4345 (7-day MA) Breaking this level could signal momentum towards a short-term reversal. Watch this point closely as the first step towards a bullish trend. 3. Mid-Term Resistance: $0.5350 (24h High) Reaching this would indicate strong buyer support and might open the door for a broader upward trend. This target represents a key level for confirming a positive shift in sentiment.Trading Data Summary:MA (25): $0.3579MA (99): $0.331824h Volume (PROS): 61.24M24h Volume (USDT): 27.68M Stay updated and monitor closely, as these levels are critical to capturing the next potential moves in PROS/USDT! đ
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đĄ What's KYC and Why Do Indian Exchanges Need It? Ever wondered why you need to go through KYC (Know Your Customer) when opening an account with a cryptocurrency exchange in India? Let's break it down! đ What is KYC? KYC, or Know Your Customer, is a verification process to confirm your identity, ensuring that you're who you say you are. It involves submitting documents like your ID, proof of address, and sometimes even a selfie! đŠ Why Do Exchanges in India Need KYC? 1. Regulatory Compliance: Exchanges must adhere to regulations set by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI). 2. Preventing Financial Crimes: KYC helps in preventing money laundering, terrorist financing, and other financial crimes. 3. Enhancing Security: With verified identities, exchanges can ensure a safer trading environment for everyone. So next time you're asked for KYC, remember it's all about keeping the crypto ecosystem secure and transparent! Stay informed and trade safely on Binance! đâš #KYC #Crypto #Binance #CryptoRegulations #StaySafe
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### Introducing Scroll (SCR) - Binance's 60th Launchpool Project! Ready to dive into the next big thing in the crypto world? Binance has just announced Scroll (SCR) as its 60th Launchpool project! Here's everything you need to know: What is Scroll (SCR)? Scroll is a Bytecode-compatible zkEVM Rollup designed to enhance Ethereum's scalability. It's a layer-2 scaling solution that aims to improve transaction speeds and reduce costs. How to Participate? Farming Period: The farming period for Scroll (SCR) starts on October 9, 2024, and runs for two days. During this time, you can stake your BNB and FDUSD to earn SCR tokens through airdrops. Pre-Market Trading: Pre-market trading for Scroll (SCR) will begin on October 11, 2024, with an SCR/USDT trading pair. Rewards Total Allocation Binance has allocated 55 million SCR for the Launchpool. BNB Pool: Receives the largest allocation with 46.75 million SCR (85% of the total). FDUSD PoolReceives 8.25 million SCR (15% of the total). Key Date Farming Start: October 9, 2024, at 00:00 (UTC) Pre-Market Trading: October 11, 2024, at 10:00 (UTC) Token Giveaway Claim Period: October 22, 2024
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đ The Future of Crypto Mining is Here!đ đ Dive into the world of Pi Networkâan innovative mobile mining experience thatâs shaking up the crypto landscape! Launched by visionary Stanford minds, Pi Network promises an effortless, eco-friendly way to mine Pi coins right from your smartphone. đ Transparency Concerns? Fear not! While some debate its model, others celebrate its pioneering approach to cryptocurrency. đ„ As always, make sure to do your homework before plunging into any investment. But remember, every innovation began with a bold step forward! đŸ Ready to explore? Download the Pi Network app and join the revolution today! đ Remember: Stay savvy, stay secure, and as always, keep an eye on Binance for the latest in crypto trends and insights. đâš #PiNetwork #CryptoRevolution #Binance #Cryptocurrency #MobileMining
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$SOL /USDT Technical Analysis â Targeted Insights SOL is showing dynamic momentum, creating trading opportunities with three potential targets to watch for: Current Price: $141.12 (+0.33%) Key Targets đŻ: 1. Target 1: $145.50 This level is within reach if SOL maintains upward movement. Watch for a break above MA(25) at $142.76 to signal confidence. 2. Target 2: $152.00 A stronger bullish push can propel SOL to this target, aligning with resistance levels and short-term momentum. 3. Target 3: $157.30 This target reflects longer-term potential if SOL surpasses MA(99) at $147.82, signaling significant bullish strength. Market Snapshot: 24H High/Low: $141.56 / $135.52 24H Volume: 2.33M SOL Support Level: $135.52 SOLâs technical indicators suggest a possible rally, with volume and moving averages pointing to a sustained trend. Keep an eye on support and resistance levels, especially as SOL approaches key targets.
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