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Technical Analysis: Top Losers $CTXC , $COS , $ACT , #GTC , #MDT , and #AVA The cryptocurrency market has seen significant corrections in the last 24 hours, with Cortex (CTXC) leading the decline, dropping by a staggering 36.96% to $0.5817. This steep fall indicates heavy selling pressure, likely triggered by profit-taking or market volatility. COS (Contentos) followed, falling 14.87% to $0.0121, and ACT (Achain) saw a similar fate, slipping 14.09% to $0.5303. These sharp losses reflect weak market sentiment, and traders should look for stabilization at support levels before considering re-entry. A close eye on volume trends will determine if a reversal is in sight or if further declines are imminent. Additionally, Gitcoin (GTC) recorded a drop of 13.45%, trading at $0.978, while Measurable Data Token (MDT) fell by 7.96% to $0.0718, and AVA (Travala) experienced a 7.53% decline, settling at $2.1052. Despite these pullbacks, such dips can present buying opportunities if prices consolidate and establish strong support zones. For now, traders should monitor these coins closely for any signs of recovery, particularly in CTXC and GTC, as their movements remain highly volatile. Proper risk management and observing key support levels will be critical for navigating these sharp declines. #Write2Earn! #BinanceLaunchpoolVANA
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#VANA on Binance Launchpool: Price Potential and Future Outlook Towards $35.50 VANA, the 62nd project featured on Binance Launchpool, introduces an EVM-compatible Layer 1 blockchain built to revolutionize user-owned data solutions. Starting December 14, 2024, at 00:00 UTC, users can stake BNB and FDUSD to farm VANA tokens over a two-day period. Out of the total 120 million VANA supply, 4.8 million tokens (4%) are allocated as rewards—85% reserved for BNB stakers and 15% for FDUSD stakers. Trading will officially launch on December 16, 2024, at 10:00 UTC, with available trading pairs including VANA/USDT, VANA/BNB, VANA/FDUSD, and VANA/TRY. The project’s initial circulating supply will be approximately 31 million tokens, representing 25.8% of the maximum supply. With its innovative approach and growing market interest, VANA’s price potential appears significant. At a projected market capitalization of $220 million, the price could climb to $7.10; at a $550 million valuation, VANA could hit $17.80; and if it reaches a $1.2 billion market cap, the token might soar to $35.50, assuming the circulating supply remains stable. Despite VANA's impressive entry, early trading saw confusion with unrelated tokens, briefly driving prices higher elsewhere. Investors are advised to research thoroughly as VANA, marked with Binance’s Seed Tag, may experience short-term volatility common in early-stage projects. The project’s long-term success will depend on its ability to drive real-world adoption for privacy-focused dApps, build a robust ecosystem, and maintain compliance with evolving regulations. VANA’s governance model, which empowers token holders to participate in key network decisions, is set to build strong community engagement and trust. With its focus on empowering users through data privacy and ownership, VANA has the potential to make a lasting impact in the blockchain space, provided it executes its roadmap efficiently and continuously innovates. #BinanceLaunchpoolVANA #Vana
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$COW /USDT Technical Analysis – Explosive Breakout Driving Strong Gains COW/USDT has surged to a 24-hour high of $0.8999, marking a massive 41.45% increase from its low of $0.6160. This breakout, fueled by strong volume and bullish sentiment, has propelled the price above critical resistance levels. If COW sustains above the $0.8900 mark, the next target to watch is $0.9100 and potentially $0.9400. However, traders should monitor support at $0.8100 in case of a pullback. With momentum clearly favoring the bulls, this is an excellent opportunity for traders to capitalize on quick entries while keeping stop-losses tight to lock in profits. #Write2Earn! #COW #BTCReclaims101K #CryptoUsersHit18M
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$FTM /USDT Technical Analysis – Bulls Driving Strong Momentum.. Strong Bull FTM/USDT has surged to a 24-hour high of $1.3340, recording a solid 7.87% gain from its recent low of $1.1970. This upward move confirms strong buyer dominance, as the price breaks through key resistance near $1.2906. If FTM maintains its momentum above the $1.3300 zone, traders can expect further gains toward the next resistance levels at $1.3500 and $1.3700. However, a pullback to immediate support at $1.2900 may present an excellent opportunity for re-entry. With rising volume and clear bullish momentum, FTM offers a promising setup for traders seeking short-term profits while managing risks with tight stop-losses. #Write2Earn! #FTM: #Ftmusdt
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$REZ /USDT Technical Analysis – Strong Breakout with Bullish Momentum REZ/USDT has surged to a 24-hour high of $0.05550, registering an impressive 10.91% gain from its recent low of $0.04785. This sharp upward movement is backed by increasing volume, signaling strong buying interest as bulls dominate the trend. REZ has successfully broken through key resistance at $0.05308, and if the price holds above this level, we could see further upside toward $0.05800 and potentially $0.06000 in the short term. However, traders should monitor for a possible pullback to immediate support at $0.05027 if the momentum cools down. A retest of this support could provide a strong buying opportunity for another upward push. With rising volume and bullish signals intact, REZ/USDT presents a prime opportunity for traders seeking short-term gains while managing risks with tight stop-loss levels to lock in profits. #Write2Earn! #REZ #REZtoken
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