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🚨 Consolidation in Focus: The descending triangle is taking center stage as BCH/USDT tightens its range. Lower highs and lower lows are paving the way for a decisive breakout, with price action gravitating toward a critical support zone.
Sellers are pressing their advantage in this persistent downtrend. The narrowing moves signal a build-up of energy, with momentum indicators flashing signs that a breakout or breakdown could be imminent.
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Liquidity Magnet: Eyes on the $466 Level
The market is a magnet for liquidity, constantly pulling price toward zones of concentrated activity. Currently, the downward trend is paving the way toward the $466 level, where significant liquidity resides. This area stands out as a prime target in the prevailing market momentum, and all signs point to its gravitational pull shaping the flow.
Signal Type : Short
Entry: 471.1 or market price
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1st Tp: 468.5
2nd Tp:466.4
3rd tp : 464.6
SL: 474.2
Signal Type : LONG
Entry: 0.0000216 or market price
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1st Tp: 0.00002219
2nd Tp:0.00002389
SL: 0.00002012
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