🚨 Bitcoin faced a minor resistance and retreated to the support zone once more. However, it's encouraging to see Bitcoin holding firm in this support area. Our attention now shifts to the closing price, and if we breach below the support level, it's prudent to remain patient until the next support zone emerges.

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#BTC #Bitcoin(BTC) #SupportZone #MarketAnalysis #HotTrends

GUID on how to identify support and resistance levels? 👇

To identify support and resistance levels, you can look for areas on a price chart where the price has historically struggled to move below (support) or above (resistance).

Support levels act as a floor for the price, while resistance levels act as a ceiling.

Traders often use technical analysis tools like trendlines, moving averages, and chart patterns to identify these levels.

Support and resistance levels help traders make informed decisions about entry and exit points by providing insight into potential price movements. Remember to confirm these levels with multiple data points for more reliable analysis!

#US_Inflation_Easing_Alert #SupportZone #resistance #Write2Earn!

BTC drops post-CPI despite rate cut expectations. Sell orders defend $61.5K-$62.5K. ETF outflows & Mt.Gox impact ongoing. US gov't moved $594M BTC, sparking sell-off fears. $22.26M longs liquidated. $57K-$57.3K crucial support. USDT & USDC issuance up, hinting institutional interest.
#etfflows #CPIInsights #SupportZone

Good evening guy's

it's time to mine some £OMN coin

price is low and we can earn many of the coin.

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#write2earn🌐💹
#BullishStrategy
#SupportZone

$BTC watch this #SupportZone if this broke #expecting to $64.7k- $65.3k- Area.

$BTC perfect play on our #SupportZone

$BTC #BounceBack again our #SupportZone 🤌

"When I was a kid, I dreamed that by 22, I'd have my own house and car. Now that I'm here, I realize how tough it is. It hits hard when you see how different the game is. In the world of crypto, big investments mean big profits. The rich get richer, while the ones with only $200 to spare might only see a $10 gain. It’s wild... and a little heartbreaking. It makes you think—how fair is the system really? 😔$BTC #Crypto_Jobs🎯 #SupportZone

🚨TECHNICAL ANALYSIS OF #ATAUSDT 🚨

Currently, $ATA is trading within a #FallingWedge pattern, which is typically a bullish reversal signal.

If $ATA fails to bounce back from the $0.0820-$0.0700 #SupportZone , the next critical level to watch is $0.0580. Historically, this level has provided strong support, making a #rebound here more likely.

However, if ATA breaks below these key support levels, bearish momentum could take over, potentially leading to a continuation of the #DownTrend .

$SUI is #DPos based coin and is doing good despite the ongoing volatility in the market due to $BTC and some other factor it is currently trading at $0.8657 with a resistance level at $0.8900 it is expected to go further up if crosses the resistance level .

The #SupportZone is from $0.8427-$0.8335 where buying is a good option for spot traders and long for future traders the support level is quite strong if compared to the #ResistanceLevel

$1000SATS is again closing toward its strong #SupportZone at 0.0003100. It continues to lose its value from the last 3 hours. Even $BTC Break it's resistance at 55k.
The Current Price is at $0.0003102. while forming a Resistance level at $0.0003260.

The current support is at $0.0003082. If you are going for #longtrade enter above $0.0003260 with targets at $0.0003387, $0.0003450. Set a stop loss at $0.0003082

If you're going for #ShortTrade then enter below $0.0003082 with targets at $0.0003000, $0.0002900. Set a stop loss at $0.0003260.

The price of $1000SATS is currently showing #bearishmomentum , having dipped to $0.0003102 after a sharp decline from the recent high of $0.0003260. If it breaks the support level, further #downwardmovement can be expected, while a reversal above resistance could signal a potential upward trend.

#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!

I'm excited to share my technical analysis of PHB coin. Currently, the coin is hovering in its support zone, ranging from $1.3 to $1.5. If it closes today within this zone, it may present an opportunity to hit the trend line it's been following for weeks.

First Target (TP1): A break above the trend line could take us to $1.630, our first target.

Second Target (TP2): If the trend line is broken, our second target could be $2.

Important Note: If the support zone is broken, it may be an opportunity for future traders to sell and for spot traders to accumulate at $1.050.

Keep an eye on the charts and let's see how it plays out! Share your thoughts and let's discuss.

#PHBUSTD #technical_analysis #SupportZone #TrendlineBreakout

$MATIC Potential Price Pump from Support Area: Keep an eye on this critical level! #MATIC #SupportZone #PriceAction 📈

Hey traders, let's fuel this community's growth! 🚀 Show some love with likes, shares, and follows. Join us on the journey to unlock maximum gains! 💼💰
#TradingCommunity

Dive into the world of trading with @Coin_MasterMind ! 🌟 Explore expert insights, latest updates, and past successes. Join the journey to elevate your trading game! 💼📈

#altcoins $BTC $ETH

Dear Binance Community,

We're excited to announce our support for the Galxe ($GAL ) token swap, redenomination, and rebranding to Gravity (G).

Effective July 15, 2024, at 03:00 (UTC), Binance will delist all current GAL spot trading pairs, including GAL/BTC, GAL/USDT, and GAL/TRY. Additionally, all pending GAL spot trading orders will be canceled.

On July 19, 2024, at 08:00 (UTC), we will launch trading for the new G/USDT and G/TRY trading pairs.

Thank you for your continued support and participation in our evolving ecosystem.

Best regards,

The Binance Team

$GAL

#announcement #SupportZone #BinanceTournament #IntroToCopytrading #Write2Earn!

Where is the support level for $BTC ?

Using the Ichimoku indicator and Fib Retracement, we’ve identified three key support zones:

1. Around ~64.500 (-1.6%)
2. Around ~62.700 (-4.1%)
3. Around ~ 60.100 (-8%)

Watch these levels closely. If the price reacts and reverses, it might be a buy signal. However, given the current high risk, consider waiting a few days for a clearer trend before making any moves.

Share your thoughts about the price trends.

<FOLLOW FOR MORE TECHNICAL ANALYSIS>

#ANALYSIS #bitcoin #SupportZone #technicalanalyst