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Crypto PM
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🔥 Zeus Network is set to launch ZPL by Q3 2024, bridging Bitcoin🥇 and Solana💰 ecosystems! Potentially to make #Solana “the Layer 2 solution for all blockchains” with ZPL. In simple terms, users could convert assets like BTC into a ZPL-Asset, zBTC for example, and gain access to the Solana ecosystem. #CryptoNews #LatestNews

🔥 Zeus Network is set to launch ZPL by Q3 2024, bridging Bitcoin🥇 and Solana💰 ecosystems!

Potentially to make #Solana “the Layer 2 solution for all blockchains” with ZPL. In simple terms, users could convert assets like BTC into a ZPL-Asset, zBTC for example, and gain access to the Solana ecosystem.

#CryptoNews #LatestNews

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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#SEI/USDT Technical Analysis # 12-Hour Chart Review **Current Pattern: Symmetrical Triangle** SEI/USDT is currently forming a symmetrical triangle pattern on the 12-hour chart. This pattern is typically characterized by converging trend lines connecting a series of sequential peaks and troughs. #### Key Levels and Indicators - **Resistance Level**: $0.5774 - **Support Zone**: Approximately $0.4990 - **Moving Averages**: - The 100-period MA is currently at $0.5450, which may act as a dynamic resistance. - **Volume Profile**: The volume is decreasing, indicating a potential breakout as the price reaches the apex of the triangle. #### Potential Breakout A breakout from this symmetrical triangle pattern is anticipated to lead to a significant bullish wave. If SEI/USDT breaks above the descending resistance, it could trigger a rally. The target for the breakout move is projected to be between 40% to 50%, aiming for the resistance zones around $0.68. #### Conclusion Traders should closely monitor the price action near the apex of the symmetrical triangle. A confirmed breakout, particularly above the $0.5774 level with strong volume, could validate the bullish scenario and lead to substantial price gains. Conversely, a failure to break out might see the price testing lower support levels within the triangle. --- This analysis provides a detailed and professional overview of the current technical setup for SEI/USDT on the 12-hour chart, highlighting potential trade opportunities and key levels to monitor. #SEIUSDT #sei #SeiNetwork #SEICoin2024 @Sei
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