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The chart shows a cup and handle pattern in the $SOL pair. This classic bullish pattern typically indicates the potential for a strong upward trend. In this formation, the price creates a "cup" shape by forming a rounded bottom after a decline, then consolidates or slightly pulls back to create the "handle" portion. #DogeArmyComeBack #Binance Analysis: Cup Formation: The cup shape suggests a rounded recovery, showing potential for an upward breakout. Handle Formation: After completing the cup, a small pullback or consolidation forms the handle, which is often the last phase before an upward breakout. Target Price: The potential target price is usually measured by the depth of the cup. On this chart, a projected increase of approximately 97.56% is indicated, suggesting a price target of around 400 USDT if the pattern completes successfully. This would require a breakout above the resistance level near 205 USDT. Strategic Levels: Support Levels: If the pattern fails and the price falls below the breakout point, strong support levels are expected near previous support areas, such as around 150 USDT. Target Price Area: If the pattern completes, there is potential for the price to move toward the target area, but volume is crucial for this type of breakout. Without sufficient volume, reaching the target might be challenging. The cup and handle pattern is a strong bullish signal, but investors should always monitor volume and key support/resistance levels to manage risks effectively.
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$DOGE There has been a high demand for DOGE analysis. Here you go: The chart shows that Dogecoin has broken out of a long-term descending trend channel and started a strong upward move. Following this breakout, the price has surged with momentum, surpassing several resistance levels. Currently, it is trading near the 0.20 level, which serves as a short-term resistance zone. In the event of a pullback, support levels to watch are 0.18, 0.16, and 0.12. If the upward trend continues, there is potential for DOGE to reach higher resistance levels. Volume and breakout confirmations will play a crucial role at this stage. #DogeArmyComeBack #MicrosoftBitcoinRejection
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You might have already come across the #Grass Airdrop. I also shared a similar project, #Nodepay . Don’t overlook these two. After Grass got listed, it just kept going up, providing solid gains from both the airdrop and the price increase. Now, the second phase has started, and just like with Nodepay, you can accumulate points by installing a browser extension. This kind of mining is still under the radar, so early adopters usually benefit the most. Today, Nodepay made a post advising to keep your $SOL wallets ready, as the deadline is approaching—don’t miss out! #Grass 👉https://app.getgrass.io/register/?referralCode=gRy81B6fr6EOJz0 #Nodepay 👍https://app.nodepay.ai/register?ref=haYhT2I4Dl7xbLV
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#Bitcoin is heading towards a new ATH! So, which coin do you see as the star of this bull run? $BTC #DogeArmyComeBack
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The #FED has lowered the interest rate by 25 basis points. FED Chair Powell will make a statement at 10:30 PM🔥 $BTC #MicrosoftBitcoinRejection
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