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#Altcoins2024 season starts now $BTC $ETH $SOL #MemeWatch2024 #MarketDownturn #Binance

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The chart shows Solana ( $SOL / USDT) on the 4-hour timeframe with key levels and Fibonacci retracements. Here’s the analysis: Current Price: $242.07 Key Levels: Support Zone: Around $236.27 (Fibonacci 0.618 level) and $215.27 (Fibonacci 0.786 level). Upside Targets: $260.31: First target upon a successful bounce. $280.30: Second resistance level. $302.32: Major target within the ascending channel. Outlook: Solana is currently in an ascending channel. A hold above the $236.27 support level suggests potential upward momentum towards $260.31 and beyond. However, a breakdown below $215.27 could lead to further bearish pressure. Traders should monitor volume and price action near the support levels. #Binance #MarketDownturn

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The chart depicts the $ENS /USDT pair showing a bullish flag pattern, indicating a potential upward breakout. Here’s the analysis: Current Price: $23.95 Key Levels: 1 : 32.61 USDT 2 : 41.08 USDT 3 : 49.98 USDT The bullish flag suggests continuation of the uptrend, with potential targets of $32.61, $41.08, and ultimately $49.98 if the market maintains strong momentum. The breakout confirmation above the flag pattern will be crucial to validate these targets. #MemeWatch2024 #Binance #MarketDownturn

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The chart depicts the $BTC Perpetual Futures Contract (4-hour timeframe) and highlights potential price movements with Fibonacci retracements. Here's the analysis: Current Price: $95,702.3 Key Levels: Support Zone: Around $94,000 to $93,000 (critical Fibonacci 0.618 to 0.786 retracement levels). Bullish Rebound Target: A potential bounce towards $100,000 to $105,000 if support holds. Scenario: The price is expected to retest the lower support zone before potentially rebounding sharply towards the upward targets, indicated by the blue arrow. Outlook: The 0.618 Fibonacci level serves as a strong support, and holding this level would confirm bullish continuation towards the $100,000+ target range. A breakdown below $93,000 may invalidate this setup. #btc70k #MarketDownturn

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