$DOT Will hitt 8$ tonight: Current Resistance and Support: | harisrahman on Binance Square

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Bullish

$DOT Will hitt 8$ tonight:Current Resistance and Support:
Resistance appears near $7.20, as this was the recent high.
Resistance appears near $7.20, as this was the recent high.
Support is observed at $6.65 or lower levels near the EMA indicators.
If the bullish momentum continues, a target of $8.20-$7.50 might be realistic.

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DOT

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-0.65%

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0

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Key Technical Levels for $INIT : Resistance: $0.7371: Recent peak and immediate resistance. $0.8000: Psychological level and potential target if momentum continues. Support: $0.5971: Recent low and key support zone. $0.5500: Next support level if $0.5971 fails. Entry Point: Consider entering a long position if the price breaks above the $0.7371 resistance with strong volume, indicating continued bullish momentum. Stop-Loss: Implement a stop-loss below the $0.5971 support level to manage downside risk. Profit Targets: Potential profit targets could be set near the $0.8000 level, aligning with the next psychological resistance.

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𝙄𝙎 𝙈𝘼𝙉𝙏𝙍𝘼 𝙏𝙃𝙀 𝙉𝙀𝙓𝙏 𝙇𝙐𝙉𝘼? As The recent collapse of Mantra’s $OM token—plummeting over 90% in a single day—has drawn comparisons to Terra’s $LUNA crash in 2022. However, while the price action is similar, the underlying causes differ significantly. What Happened to Mantra? On April 13, 2025, $OM price fell from over $6 to below $0.50 within an hour, erasing more than $6 billion in market capitalization. This sudden drop sparked panic and led to allegations of a potential rug pull. Reports suggested that 17 wallets moved a combined 43.6 million OM tokens—worth about $227 million at the time—to exchanges before the crash. However, Mantra CEO John Mullin denied any insider sales, attributing the crash to forced liquidations by centralized exchanges during a period of low market liquidity. Is Mantra the New LUNA? While both Mantra and LUNA experienced rapid price collapses, the mechanisms behind their crashes differ. LUNA's downfall was tied to the failure of its algorithmic stablecoin, UST, which led to a death spiral as the system attempted to maintain its peg. In contrast, Mantra's crash appears to be linked to large token transfers and subsequent forced liquidations, rather than a flawed stablecoin mechanism. Conclusion Although Mantra's OM token experienced a dramatic price drop reminiscent of LUNA's collapse, the underlying causes are distinct. Mantra's situation seems to stem from large token movements and forced liquidations, whereas LUNA's crash was due to the failure of its algorithmic stablecoin system. Investors should remain cautious and monitor developments closely.

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𝙎𝙝𝙤𝙧𝙩 𝙏𝙚𝙧𝙢 𝙊𝙪𝙩𝙡𝙤𝙤𝙠 (April–May 2025) 𝙏𝙤 4$? Analysts anticipate a modest upward trend for OM in the near term. Projections suggest the price could reach around $0.87 by mid-May 2025 . Technical indicators, such as a bullish engulfing pattern on the weekly chart, support this positive momentum . 📊 Mid-Term Forecast (2025) Price predictions for OM in 2025 vary: Changelly: Estimates a price range between $1.06 and $1.26, with an average around $1.09 . BitScreener: Suggests a potential high of $9.00, a low of $3.21, and an average closing price of $4.81 . CoinUnited: Offers an optimistic projection of OM reaching up to $30 by the end of 2025, citing factors like strategic partnerships and real-world asset tokenization .

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Approximately 2 months ago I warned you about $NEIRO $BTC And $ETH !! People were calling me Lier So I stopped posting . Now they are crying 🤣.

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$NEIRO Will decline to 0.0002$ soon. Dropping to 0.0002 for NEIRO/USDT would mean a significant decrease from the current level of around 0.0021, as seen in the chart. 1. Overbought Indicators: The high RSI and Stochastic RSI do indicate an overbought state, which often suggests that a correction or pullback is possible. 2. Support Levels: If the price declines, it might first test support around 0.0015 (an area shown on your chart as a recent support level). Breaking below this could make 0.0012 a potential target, but reaching that level would likely require significant selling pressure or market changes. While a decline to 0.0012 is possible, it would depend on broader market sentiment and potential triggers. Setting alerts for intermediate support levels could help you monitor a gradual decline if it occurs. #MicrosoftBitcoinRejection #DogeArmyComeBack

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