Here is the professional analysis based on the provided chart:
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$BNB $BNB #BitcoinInSwissReserves #BTC94KShowdown #BTCMiningPeak #BTCMiningPeak #btc2025 $THE/USDT Trading Signal - Key Levels Identified
Long Trade Setup
Entry Zone: $1.59 - $1.60
Target 1: $1.65
Target 2: $1.70
Stop Loss: $1.56
Short Trade Setup
Entry Zone: $1.60 - $1.62
Target 1: $1.55
Target 2: $1.50
Stop Loss: $1.65
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Observations
The price is currently testing key support around $1.59.
A potential rebound from this level could lead to a short-term rally towards $1.65 and beyond.
On the downside, failure to hold $1.59 may lead to further declines toward $1.55.
Risk management is crucial. Consider securing partial profits and adjusting stop losses as the price moves.
#CryptoTrading #THEUSDT #TradingSignals
I will now create a chart for better visualization of these levels.