🎯Let the price give decisive breakout first 🎯After break | Mr_Tycoon23 en Binance Square

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🎯Let the price give decisive breakout first 
🎯After breakout and close above the support will likely create a bullish scenario for   $MATIC 
🎯 invalidation till the price flips over support zone 
🎯put your stoploss first📍
👀keep on radar 
#MaticUSDC 

Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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Here's the latest analysis update for PNUTUSDT: Current Trend and Price PNUTUSDT is currently trading at $1.0529, with a 5.11% decrease in the last 24 hours and a 32.99% drop in the last week ¹ ². Despite this decline, the market shows potential signs of a rebound. Technical Analysis A descending triangle pattern is forming, with a descending trendline acting as resistance. This pattern often signals the potential for a breakout when accompanied by strong volume ³. The price is getting squeezed between the descending trendline and the support zone, which typically precedes a breakout. Trade Ideas Based on technical factors, there is a Buy position in PNUTUSDT. Consider buying around $0.740000, with targets at $2.500000, $4.000000, and $6.500000. However, be cautious and set proper stop-loss orders. Market Sentiment The overall market sentiment for PNUTUSDT is bullish, with some analysts predicting a potential breakout above the resistance level. 🎯 What’s Next for PNUT/USDT? Based on the technical indicators and patterns, the next move could be pivotal. Here’s the potential scenario: Bullish Case: If the price breaks above the descending trendline with strong volume, it could target higher resistance levels around $2.50 or even $3.00. A confirmed breakout would signal renewed bullish momentum, making this an excellent entry point for traders. Bearish Case: If the support zone around $0.8568 fails, the price might see a further correction towards lower levels, such as $0.50. This would invalidate the bullish setup and call for caution. --- 📊 Why This Setup Matters 1️⃣ Risk-Reward Opportunity: For traders, this setup offers an excellent risk-to-reward ratio. Placing stop-losses below the support zone minimizes potential losses while allowing for significant upside if the breakout occurs. 2️⃣ Market Sentiment: PNUT has been gaining attention due to its previous price action, and another breakout could attract more interest, driving momentum. $PNUT #BinanceHODLerTHE

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SYNUSDT STRONG BUYY!!! "I am analyzing the potential price movement of SYN/USDT. Based on recent trends and indicators, I see a potential upward trajectory. My target price (TP) is set at 1.87, which aligns with key resistance levels. I will continue monitoring market conditions to adjust the target if needed." STRONG BUY !!! Current Trend and Price SYNUSDT is currently trading at $0.3836, with a potential breakout above the resistance zone at $0.4111 ¹. The overall trend is bullish, with a clear accumulation zone forming between $0.2600 and $0.5500 ¹. Key Levels to Watch - Support Areas: $0.3400, $0.2943, and $0.2872 ¹ - Resistance Levels: $0.4111, $0.5000, $0.6000, and $0.9500 ¹ Trade Ideas - Long Position: Consider buying SYNUSDT around $0.3836-$0.4111, targeting $0.6000-$0.9500 ¹ - Short Position: Avoid shorting due to the strong bullish momentum ¹ Market Sentiment The overall market sentiment for SYNUSDT is bullish, with some analysts predicting a potential breakout above the resistance level. Keep in mind that the cryptocurrency market is highly volatile, and value can fluctuate rapidly. Always do your own research and consider multiple sources before making investment decisions. $SYN #BinanceHODLerTHE

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Bitcoin's Price Volatility During Bull Markets According to Blockworks, Bitcoin's price volatility is a well-known characteristic, often leading to significant corrections even during bull markets. Historically, Bitcoin has experienced substantial drawdowns, with prices dropping by about 80% from peak to trough in bear markets. However, this article focuses on the corrections that occur during bull markets, which are currently being observed. In past bull markets, such as the one from August 2015 to December 2017, Bitcoin did not experience drawdowns of 50% or more. The largest correction during that period was a 40% retracement over two weeks in September 2017. In contrast, the bull market between 2018 and 2021 saw three corrections of more than 50%, including the significant market crash in March 2020, coinciding with global financial turmoil. During this crash, Bitcoin's price halved across most timeframes, except for a three-month period where it dropped by 47%. Other notable drawdowns occurred in May and July 2021, when Bitcoin's price fell from over $60,000 to $30,000, before recovering to nearly $69,000 over the following months. The current bull market has been relatively calmer, with the most significant correction occurring in early August, when Bitcoin's price fell by 30% across various timeframes, dropping to $49,200 from over $70,000 in June. Despite these fluctuations, Bitcoin's inherent volatility remains a constant factor. Historically, the most severe drawdowns have occurred towards the end of bull markets, suggesting that the longer the market goes without a major correction, the more likely it becomes. This pattern adds an element of unpredictability to Bitcoin's price movements, keeping investors on edge. $BTC #GODINDataForAI

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How do the tokens fit into the CoW vision?🌊 The CoW Protocol mission is to make markets both more efficient and fair by building the ultimate batch auction settlement layer. As we are offering users best prices, we are aiming to become the foundational liquidity hub for trading digital assets. Master CoW’s dream has always been to give back to the community that made this project special, this is why the vCOW token is conceptualized as a governance token. CoW Protocol now becomes a cowmunity owned project via the CowDAO. The token & CowDAO aim to ensure that the protocol isn’t captured by rent seekers, and that it stays neutral to the core players of the system, the traders. What is the purpose of the vCOW token? CowDAO believes in creating a global trading ecosystem of the people, by the people, for the people, that shall not perish under any threats. The crypto dream has never been about creating an instrument that can easily be put in a box, but about creating global assets that can govern and manage these new decentralized global networks. This is why the vCOW token is conceived and launched as a governance token, and it’s non-transferable at first. That’s right, when you claim the airdrop, you will receive a token that cannot be transferred out of your wallet. This is not an error, but an intended practice, as airdropping a governance token at first is essential for the ecosystem to build the right forces to form around it. Once the token is in your wallet, the vCOW token will entitle its holders with voting rights in the CowDAO. It is up to CowDAO members to vote on whether the token should be made transferable or not. $COW #BTCWatchZone

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