$FET is consolidating within a clear range between $1.2 - $2 | BullishBanter na Binance Square

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$FET is consolidating within a clear range between $1.2 - $2.2 with signs of accumulation
A breakout above this range could signal continuation to new highs

0 ljudi je dalo napitnino ustvarjalcu.

Izjava o omejitvi odgovornosti: Vključuje mnenja tretjih oseb. Ni finančni nasvet. Lahko vključuje sponzorirano vsebino. Glejte Pogoje.

FET

1,42

-11.02%

17.1k

0

Odgovori 8

Kotacija 3

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Why Crypto Currency Market Crashed .?? The current downturn in the cryptocurrency market isn't caused by internal factors but is instead linked to the broader collapse of the Nasdaq. This external shock has had a ripple effect across all financial markets, pulling crypto prices down alongside traditional tech stocks. After carefully reviewing various on-chain metrics, it's clear that this decline was triggered by the Nasdaq's significant drop, which heavily influenced investor sentiment and market dynamics. The connection between cryptocurrencies and global financial markets is becoming stronger over time. When a major stock index like the Nasdaq experiences such a steep fall, it creates widespread panic, causing investors to pull out from both stocks and digital assets. This has placed significant selling pressure on cryptocurrencies, even though their fundamentals remain unchanged. Essentially, the crypto market has been caught in a storm created by external forces, and navigating through this period will require patience and a long-term perspective.

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Spotlight on Hot Coins: $BIO , $USUAL , $PENGU , and #1000CAT Facing Heavy Pressure .. Allah Newly Listed coins are In negative trend with 10 to 20% loss today .. The cryptocurrency market witnessed sharp declines across several newly ranked coins, with $BIO, $USUAL, $PENGU, and $1000CAT taking significant hits. BIO dropped by 11.53% to $0.6370, reflecting strong bearish pressure as it tests its support zone. Similarly, USUAL has plunged 16.18% to $0.8147, marking one of the steepest declines, while PENGU followed with a 14.86% drop to $0.037942. Meanwhile, $1000CAT saw a significant 16.16% fall, trading at $0.03119. These steep corrections suggest a mix of profit-taking and weak buying interest, making them pivotal zones for traders to watch for potential reversals. While $VANA and $VELODROME faced 10.70% and 10.97% declines, respectively, their support levels might offer opportunities for a rebound. $ME saw a 10.08% drop to $3.043, reflecting increased selling pressure, while $ACX fell 13.94% to $0.5209, hovering near critical support levels. Traders are advised to monitor these coins closely as they approach key pivot points that could lead to potential short-term recoveries. With high volatility in play, tight stop-loss management and volume analysis will be crucial to capitalize on any reversal opportunities in this highly active segment.

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$DOT /USDT: Ready for a Rally – Don’t Miss the Action. 🚨 Trading Signal: Buy $DOT now at $7.068 .. With a sharp 9.75% drop, DOT is approaching critical support levels, showing potential for a strong bounce. Position yourself now for a 10-15% recovery in the short term. $DOT has declined from a 24-hour high of $7.888 to a low of $7.043, supported by strong trading volume of 11.59M DOT. The price is nearing a key resistance at $7.350, and a successful breakout could push it toward $7.600 and $7.800. Immediate support at $7.040 provides a solid base for entries with minimal risk. With rising interest in Layer 1 tokens, DOT is poised for a potential recovery. Secure your position now and prepare for the next rally to capitalize on the opportunity. #Write2Earn! #dot

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$NEIRO /USDT: Critical Support in Focus – Major Rebound or Further Slide? Check I ask more Dip ahead .. $NEIRO is trading at $0.00091634, down by 16.11% in the past 24 hours, marking a steep decline from its 24-hour high of $0.00109267. The price has reached a key support zone near $0.00091584, a level that could determine the next move. If $NEIRO manages to hold above this support, traders may see a recovery toward $0.0009500 and $0.0009800, presenting a quick profit opportunity. However, a break below this critical level could trigger further downside, potentially targeting $0.0009000 or lower. Traders should closely monitor volume and momentum for signs of reversal and set tight stop-losses to minimize risk while capitalizing on potential bounce-back moves.

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$USUAL /USDT: Major Sell-Off Unveils Key Trading Levels .. Dropped to $0.8 once again a Huge Dump.. $USUAL is currently trading at $0.8096, reflecting a dramatic 16.48% decline in the past 24 hours. This sharp drop follows a 24-hour high of $0.9742 and has pushed the price to test the critical support at $0.8084. The sell-off is accompanied by substantial trading volume of 136.81M USUAL, signaling heightened market activity. This level is pivotal as it could act as a base for a potential rebound or lead to further downside if breached. The technical chart suggests that $USUAL has faced consistent selling pressure, likely triggered by profit-taking at higher levels and overall market weakness. If the $0.8084 support holds, traders could see a bounce toward resistance levels at $0.8500 and $0.8900. Breaking these resistances may reignite bullish momentum, paving the way for a recovery toward $0.9100 in the short term. However, the current bearish sentiment necessitates caution. If usual fails to maintain the $0.8084 support level, it may slide further toward $0.7800 or even $0.7500, creating additional selling pressure. Traders are advised to monitor the trading volume and RSI closely for signs of reversal or continued weakness. A break below $0.7500 could open doors for a more extended bearish trend, making it crucial for traders to use tight stop-losses to minimize risks. For traders seeking opportunities, the current levels may offer an attractive risk-reward ratio. However, it’s vital to wait for confirmation of support holding or a bullish reversal before entering trades. This ensures better positioning and reduces exposure to further downside risks. As USUAL experiences high volatility, active monitoring and swift execution are key for navigating these market conditions profitably.

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