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📊 NEUTRAL: $LTOUSDT (1W)
 provides you a detailed chart analyses on altcoins, predicting a downtrend for LTO with potential further decline.
$LTO #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn #DYOR 

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SUPPORT & RESISTANCE

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📈LONG: $ETH (1H) Analysis: ETHUSDT is showing potential for a bullish move, with confirmation needed in the $2,312-$2,295 range. Keep an eye on this zone to ensure support holds as invalidation occurs below $2,270. Price Targets: Ready for take-off? Look for upward targets at $2,348, $2,380, and $2,416 on the 1-hour chart. Happy trading! $ETH #DYOR #CPI_BTC_Watch #DOGSONBINANCE

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In order to find the best s/d zone : #TRADIBGTIPS

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📈LONG: $WIF (4H) Analysis: The 4H chart for $WIF shows a symmetrical triangle breakout, hinting at a potential continuation move. An entry point between $1.55 and $1.60 is suggested. Watch for a sustained break above resistance with a stop-loss at $1.00. Price Targets: If the breakout holds, potential price targets are set at $2.20, $2.60, and $3.00. This can deliver up to a 90% gain, making it a strong setup to monitor. Happy trading! $WIF #DYOR

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Crypto Speak : Token Burning Token burning is a deliberate strategy used in the cryptocurrency world where developers remove a portion of tokens from circulation. This act of creating scarcity can potentially drive up the token's value by reducing supply while maintaining or increasing demand. For instance consider a gaming token with 10 million tokens in circulation. To boost value, developers might burn 2 million tokens, reducing the supply to 8 million. With fewer tokens available, the remaining ones could become more valuable, attracting both investors and players. Token burning isn't just about increasing value—it's also a way to manage supply and prevent inflation by burning newly generated tokens. While it doesn’t guarantee success, it’s a powerful tool for projects aiming to enhance value and reward loyal holders. Understanding token burning is key for anyone involved in crypto, as it can significantly influence a project's value and growth potential.

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