As per my previous post $BTC is bearish for short term.
Crypto Master 786
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Bearish
$1MBABYDOGE
๐ 1MBABYDOGE/USDT Technical Analysis ๐ Current Price: $0.0036134
1MBABYDOGE/USDT is currently consolidating in a key range, showing a potential breakout or continuation depending on which level holds. The support at $0.0035000 is providing a solid base for buyers, while resistance at $0.0037500 remains a significant hurdle for the bulls. A breakout above this resistance could trigger a sharp upside move.
๐ Key Levels to Watch:
Support: $0.0035000 (a break below this level could lead to a retest of $0.0033000).
Resistance: $0.0037500 (a breakout above this could drive the price towards $0.0040000 and beyond).
๐ Entry Strategy:
Bullish Scenario: A confirmed breakout above $0.0037500 with rising volume could push the price toward $0.0040000, offering significant upside.
Bearish Scenario: If the price fails to hold support at $0.0035000, look for a potential move towards $0.0033000, presenting short opportunities.
๐ Technical Indicators: RSI is showing neutral to slightly bullish momentum, signaling a potential for the price to break higher if volume picks up.
โ ๏ธ Outlook: 1MBABYDOGE/USDT is at a critical juncture. Bulls need to break through $0.0037500 for a continuation, while a drop below $0.0035000 could lead to further downside. Keep an eye on these key levels for the next move! ๐