Symmetrical Triangle Formation in $PEOPLE /USDT A bullish | AltcoinOrbit on Binance Square

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Bullish

Symmetrical Triangle Formation in $PEOPLE /USDT
A bullish symmetrical triangle pattern has formed in the PEOPLE/USDT chart. A breakout above the upper trendline is expected to trigger a strong bullish move.
Target: $0.080
We'll issue a long call once the breakout is confirmed. Stay tuned and keep a close eye on this chart! #PEOPLEbullish 

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📊 $GRIFFAIN /USDT Technical Analysis – 2H Chart Griffain has shown impressive +30.89% gains, currently trading at $0.2589. Here’s how the levels are shaping up: --- Key Levels to Watch #Griffain 1️⃣ Important Support Level: $0.1884: This is a critical level to hold. If this support breaks, we may see further downside, potentially triggering more sell-offs. 2️⃣ Near-Term Breakout Level: $0.3004: A breakout above this level could signal strong bullish momentum, pushing prices higher in the short term. 3️⃣ Bull Breakout Level: $0.3936: A move above this level would confirm a strong bullish trend, opening doors for a sustained upward rally. --- Current Observations Griffain has bounced off the important support zone at $0.1884, showing signs of recovery. The price is approaching the near-term breakout level ($0.3004), which could lead to increased bullish activity if broken. Volume is increasing (SMA 9: 1.502M), indicating growing interest in this token. --- Trading Strategy For Buyers: Look for confirmation above $0.3004 before entering a long position. Target the next resistance at $0.3936 for a potential breakout rally. --- Final Thoughts Patience and proper risk management are key. Griffain is currently testing key levels, and how it reacts in the next few sessions will determine the next major move. Stay tuned, and trade wisely!

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🚨 Bitcoin ($BTC ) Price Update 🚨 This is an updated anysis. Please check the previous post Bitcoin is currently trading at $95,896, experiencing a -5.89% drop in the last 12 hours. Here's the key breakdown based on the 12H chart: --- 🔑 Key Levels to Watch #MarketPullback 1. Immediate Resistance Levels: $102,583 $99,319 2. Critical Support Levels: $96,016 (currently being tested). $93,048 – A breach of this level could lead to further downside. --- 📉 What’s Next? BTC seems to be retracing to fill the gap near $93K, as shown in the chart, which could act as a springboard for the next bullish leg. If the price holds above $96,016, there’s potential for a quick recovery toward the $99,319 and $102,583 levels. --- 🔮 Action Plan The current dip could be the last correction before the next major bull run. A strong bounce from the support zone may confirm bullish momentum leading into 2025. However, failure to hold the $93K-$96K zone could trigger further downside toward $85K or below. --- ⚡ What do you think – Is this the dip to buy? Let us know in the comments! 🌌

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📊 $BTC /USDT 12H Chart Analysis 📊 This is an updated anysis. Please check the previous post on BTC and how it respects all the levels. 💰 Current Price: $99,615 (-5.52%) 🔎 Observations from the Chart 1️⃣ 📈 Price Action: BTC has sharply declined after testing the $105,647 high, pulling back to the $99,615 level. This drop positions BTC within a critical range, where important support levels must be held to sustain the bullish structure. 2️⃣ 🔴 Key Resistance Levels: $104,496 - $102,583: These levels represent immediate resistance. A breakout here would likely reignite the bullish rally. 3️⃣ ⚫ Support Levels to Watch: $99,319 - $96,774: Key support zone to monitor. $93,048: Critical support level. If BTC tests this level, it would align with the CME Gap, a common occurrence before significant market moves. 4️⃣ 🕳️ CME Gap Significance: BTC often fills CME Gaps before embarking on massive rallies. The chart suggests this might happen, aligning with historical patterns that precede bull runs 🚀. --- 📈 Potential Scenarios ✅ 1. Breakout Above Resistance Trigger: A move above $104,496. Outcome: Could push BTC toward $110,000 or higher. ❌ 2. Retest of Key Supports Trigger: A failure to hold $99,319. Outcome: BTC may test the $93,048 level, filling the CME Gap. 🔄 3. Sideways Consolidation BTC may range between $93,048 and $104,496, building momentum for the next big move. --- ⚠️ Risk Management Stop Loss for Longs: Below $93,048 to mitigate risks. Stop Loss for Shorts: Above $102,583 to avoid being trapped by a breakout. --- 🛠️ Trading Insights 📈 Bullish Setup: Watch for a break above $104,496 with strong volume. Target: $110,000 📉 Bearish Setup: If BTC fails to hold $99,319 and drops below $96,774, short positions could target $93,048 or lower. --- 🔑 Final Note BTC filling the CME Gap could be the precursor to a super bull cycle 🚀.

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📊Bitcoin CME Futures 4H Chart Analysis 📊

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