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Crypto news Alart
21 de jan.
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suggest me with this coin for long term to Best return
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#Write2Earn #solana #BinanceAlphaAlert Current Trend: #SOL is in a downtrend but is now testing a strong support zone, indicating a potential reversal. Technical Outlook: 🔹 Support Zone: $158(Strong demand area) 🔹 Resistance Level: $175 (Breakout confirmation level) 🔹 4H Timeframe Analysis: #SOL is currently making a correction, and a breakout above the resistance level could trigger a strong bullish move. Trading Plan: 🔹 Bullish Scenario: If #SOL breaks above the resistance, it could push toward new higher highs, targeting $270 and beyond. 🔹 Bearish Scenario: If it fails to break resistance, we may see another pullback to retest lower levels. Key Insights: 🔹 #SOL remains a strong project with the potential to break its ATH in the long run. 🔹 Waiting for a clean breakout ensures we enter with proper risk management. What’s Your View? Drop your thoughts in the comments! 🔹 Follow for More: Daily insights, trade setups, and market updates!
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$SOL Hey Binance Square Fam! 👋 Solana, the high-performance blockchain known for its speed and scalability, has been navigating some choppy waters lately. But is a bullish reversal on the horizon? Let's chart a course through the latest market signals and see what the future might hold for SOL! 📈 Decoding the Downtrend: A Shakeout or a Shift? 🤔 Solana experienced a significant price drop over the past month, raising concerns among traders. However, a closer look at the volume reveals an interesting dynamic. While the initial drop on January 19th was accompanied by high volume, subsequent lows occurred with much lower volume. This divergence between price action and volume suggests weakening bearish momentum. Could this be a sign that the whales are simply shaking out weak hands and flushing out over-leveraged positions? 🐳 Echoes of the Past: Historical Support Levels 🕰️ Examining Solana's price history reveals that the current level coincides with a previous support zone from January 13th. This same level also triggered a substantial price surge from $155 to $264 in the past. The fact that buyers stepped in at this level again could indicate its significance as a strong support. Fibonacci's Golden Ratio: A Reliable Compass? 🧭 The 0.618 Fibonacci retracement level, a key indicator for many traders, aligns perfectly with the current support zone. The wicks dipping below this level on February 18th and 19th, followed by a close above it, suggest that buyers are actively defending this area. Navigating Uncertain Waters: Potential #Write2Earn #BinanceAlphaAlert #sol
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ab liquidation
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