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Crypto Signals -SMO
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👀 SMO signal 👇👇👇
Crypto Signals -SMO
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#Btc short open
Entry Price -- 100k
TP -- 99.5k -- 99k -- 98.5k
SL 101k
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There are several reasons behind the sudden 90%–98% price drop of the Mantra (OM) token Key Reasons Behind the #OM Token Crash Major Changes in Tokenomics: MANTRA recently doubled its token supply by minting an additional 888,888,888 $OM tokens, increasing the total supply to 1.78 billion. They adopted an inflationary model without prior notice, creating uncertainty around the token's future value. These changes triggered a negative reaction in the market, leading to massive selling pressure. (Source: Binance) Large-Scale Token Sell-Offs and Rumors: Rumors spread across social media that project team members sold off a large portion of their tokens, creating market panic. However, the #MANTRA team denied these allegations, claiming the price crash was due to "unintentional liquidations." (Source: CryptoBriefing) Market Uncertainty and Loss of Investor Confidence: The rapid drop in price led to fear and panic among investors, causing a chain reaction of sell-offs. The MANTRA team said they are monitoring the situation and will release more information soon.
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Chart Analysis – APE/USDT 1. Support Zone: A strong support zone is marked in the brown box around the $0.3856 - $0.3484 area. Price has respected this zone, bouncing from it recently, indicating buyer interest. 2. Price Action: Current price: $0.4352 24h low: $0.4223, suggesting a rebound from near the support. The yellow pattern drawn indicates a potential bullish bounce scenario. Price may retest the support zone and rally upward before possibly facing resistance and pulling back. 3. MACD Indicator: MACD, DIF, and DEA are still in negative territory, showing overall bearish sentiment. However, histogram bars are slightly reducing in size, hinting at weakening bearish momentum (early signs of possible reversal). --- Trade Idea (Not Financial Advice): Entry Zone: $0.3484 - $0.3856 (support zone) Target 1: $0.4886 (local resistance) Target 2: $0.5678 (higher resistance) Stop Loss: Below $0.34 (support break confirmation) $APE
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Chart Analysis: This is a weekly (1W) timeframe analysis of the ARB/USDT pair. 1. Support Zone: A support zone is marked with a blue and brown box, with the lower boundary around ≈ $0.2429. The current price is above this support zone, indicating some buying interest at this level. 2. Price Action: The current price is ≈ $0.3057, and the 24h low was $0.2976, showing a rebound from the support zone. A potential “W” or double bottom pattern is indicated with a yellow line — this is a bullish reversal pattern if the price breaks upward. 3. MACD Analysis: The MACD, DEA, and DIF are all in the negative zone, suggesting the market is still under bearish momentum, but some recovery is in progress. --- Possible Trade Idea (Not financial advice): Entry Zone: $0.2683 - $0.2976 (Support Zone) Target 1: $0.3487 (Previous resistance) Target 2: $0.4090 (Higher resistance) Stop Loss: Below the support zone (below $0.24)
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#ARB $0.30 hit 😍
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