🚨 Indian Police and Binance Expose Major Money Laundering Operation! 🚨
In a bold move, Binance, the world’s largest crypto exchange, has teamed up with the Delhi Police to uncover a large-scale money laundering scam linked to a fraudulent solar energy scheme! 🌞🔍
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🚀 Breaking News: Elon Musk’s Bold Move to Energize the 2024 Election!
In a surprising twist, Elon Musk, the visionary behind Tesla and SpaceX, is stepping into the political arena to amplify Donald Trump’s 2024 campaign. Through his America PAC, Musk is rolling out a compelling voter engagement initiative, offering $47 for every registered voter in swing states who signs a petition advocating for constitutional rights like free speech and the right to bear arms. 🇺🇸
Key Highlights:
Targeted States: Focus on Pennsylvania, Georgia, and Arizona—key battlegrounds where every vote counts!
Mobilization Goal: Musk aims to gather 1 million signatures from registered voters by October 21, showcasing strong support for the First and Second Amendments.
Musk’s initiative is not just a political strategy; it's a rallying cry for values that resonate deeply with many voters. By championing free speech and gun rights, he's fostering a robust base of support for Trump among undecided voters.
💸 Crypto Connection: As this political maneuver unfolds, it's also making waves in the crypto world! The surge in Trump-related cryptocurrencies, including MAGA, reflects Musk's ability to sway market sentiments. His recent “Dark MAGA” declaration at a Trump rally ignited excitement across both political and crypto landscapes.
With Musk’s strategic backing, this initiative is poised to shape the political landscape while illustrating how influential figures can impact both electoral dynamics and crypto market movements.
1. Primary Resistance: $0.02220 (24h High) — This is the immediate resistance level where price recently tested its highs. A breakout above this level would confirm a bullish momentum.
2. Secondary Resistance: $0.02247 — A slightly higher level which could act as the next resistance zone if the price breaks above $0.02220.
Support Levels:
1. Primary Support: $0.02007 (24h Low) — This is the key support level where the price found a floor recently, and a bounce from here could provide buying opportunities.
2. Secondary Support: $0.01864 — This is a deeper support level, offering more room for a pullback if bearish momentum takes over.
Entry Points:
Long Entry: Consider entering a long position if the price breaks above $0.02220 and confirms the bullish breakout. The entry could be around $0.02225.
Short Entry: If the price fails to break above $0.02220 and starts rejecting it, you could look for a short opportunity, targeting a drop to $0.02007.
Stop Loss:
For Long Position: Place the stop loss slightly below $0.02007 (support), around $0.01980, to account for any downside risk in case the market moves against your position.
For Short Position: Place the stop loss just above $0.02247 (secondary resistance), at $0.02250, to protect against breakouts.
Take Profit Targets:
Long Target 1: $0.02247 — The next resistance level, where you might want to take partial profits.
Long Target 2: $0.02300 — A psychological resistance level that could act as a profit-taking area if the bullish momentum continues.
Short Target 1: $0.02007 (24h Low) — If the price starts rejecting $0.02220, this is the first target for potential downside movement.
Short Target 2: $0.01864 — A deeper support level, providing more room for the short trade.
1. Primary Resistance: $0.3499 (24h High) — This level has acted as a strong resistance recently, and the price is currently testing this area.
2. Secondary Resistance: $0.3554 — Slightly higher, where the price has struggled to break past in the recent trading history.
Support Levels:
1. Primary Support: $0.3220 (24h Low) — This level has held as support during the recent price movement, offering a potential buy zone if price retraces.
2. Secondary Support: $0.3066 — A deeper support level, where the price could find a floor if bearish momentum accelerates.
Entry Point:
Long Entry: Enter near $0.3419 (current price) if price breaks above $0.3499 (24h High), confirming a bullish move.
Short Entry: Alternatively, a short entry around $0.3499 (if the price fails to break higher and starts to reject this resistance), aiming for a retracement toward support.
Stop Loss:
For Long Position: Place stop loss below $0.3220 (support), around $0.3200, to account for volatility.
For Short Position: Place stop loss just above $0.3554 to allow for a safe margin in case of a breakout above resistance.
Take Profit Targets:
Long Target 1: $0.3554 — The first resistance level, where price might struggle.
Long Target 2: $0.3750 — If the price breaks through $0.3554, this could be the next potential resistance zone.
Short Target 1: $0.3220 (24h Low) — A likely target if the market retraces back to support.
Short Target 2: $0.3066 — A deeper support level, providing more room for the short position.
Reasoning:
Bullish Scenario: If the price breaks above $0.3499, it would signal a continuation of the uptrend, with potential for further gains.
1. Primary Resistance: $1.463 (24h High) — A clear level of resistance where the price has recently been rejected.
2. Secondary Resistance: $1.476 — Slightly higher, but near the top of the range, a critical level for a breakout.
Entry Point:
Short Entry: Enter near $1.428 (current price) or if price touches $1.463, depending on the market's reaction to this level.
Stop Loss:
Stop Loss: Place stop loss just above $1.476 (secondary resistance) to protect from a potential breakout above this level. A stop loss around $1.48 would provide a safe margin.
Take Profit Levels:
Target 1: $1.336 (24h Low) — A strong support level from the recent market range.
Target 2: $1.233 — A deeper support level that aligns with previous price action.
Reasoning:
RONIN has shown resistance at $1.463 and $1.476, where it has recently struggled to push higher. If price fails to break these levels, it is likely to reverse and head toward lower support zones.
1. Primary Resistance: $0.11100 (24h High) — A key level where the price has struggled to break above recently.
2. Secondary Resistance: $0.11250 — Slightly higher resistance based on current market depth.
Entry Point:
Short Entry: Enter the short position near $0.10350 - $0.10400, near the current price, aiming for a possible rejection at these levels based on the recent high.
Stop Loss:
Stop Loss: Place the stop loss above $0.11250 - $0.11300 to protect against a breakout above resistance.
Take Profit Levels:
Target 1: $0.09617 (24h Low) — A key support level from the recent range.
Target 2: $0.09054 — A lower support zone that aligns with previous price action.
Reasoning:
ALT/USDT has encountered resistance at $0.11100 and $0.11250 in recent price action. If the price fails to break through this resistance, it could start a downtrend towards lower support levels, including $0.09617 and $0.09054.
1. Primary Resistance: $48.00 (24h high) — A critical resistance level where price is struggling to break above.
2. Secondary Resistance: $48.46 — A slightly higher level, based on previous highs.
Entry Point:
Short Entry: Enter the short position near $47.50 - $48.00, aiming for the market to reject the resistance at these levels.
Stop Loss:
Stop Loss: Set a stop loss just above $48.50 - $49.00 to limit potential loss in case the price breaks out above resistance and continues higher.
Take Profit Levels:
Target 1: $45.11 (immediate support level).
Target 2: $42.88 (24h low) — A stronger support level, which could be the final target.
Reasoning:
COMP/USDT has been trading near its resistance levels around $48.00 and $48.46. A rejection at these levels could signal a price drop toward the support levels at $45.11 and $42.88.
The immediate resistance level is around $0.5522 (24h high). This is a strong point where the price may face selling pressure.
A secondary resistance is near $0.5407, based on the recent price action and the MA levels.
Entry Point:
Short Entry: Enter near $0.5400 - $0.5522 (resistance zone).
Stop Loss:
Stop Loss: Place a stop loss just above $0.5600 to avoid getting caught in a potential breakout.
Take Profit Levels:
Target 1: $0.5243 (MA 7), which is the recent support.
Target 2: $0.4973 (24h low), a significant support level that could be reached if the downtrend continues.
Reasoning:
SYN/USDT has recently faced rejection near the $0.5522 level and is currently hovering close to its moving averages. The resistance at $0.5522 and $0.5407 makes for a strong short entry zone.
Entry: Short near $1.928 - $1.954 (resistance zone based on recent highs and order book depth).
Stop Loss: Place above $1.98 (previous high).
Take Profit:
First target: $1.817 (MA(7)).
Secondary target: $1.766 (recent support).
Reasoning: Price is nearing a resistance zone and showing signs of potential rejection. A strong resistance at the $1.928 level suggests a high probability for a pullback. Use the volume and MA crossovers to monitor the trade's progress.#SUIHitsATH #Trump47thPresident #SOLFutureRise #DogeArmyComeBack #Write2Earn!
Secondary resistance around $0.741, a psychological level above the current high.
Support:
Primary support at $0.663 (24h low).
Secondary support around $0.677, near MA(7), which might act as a support zone.
Analysis:
Trend: The price is above the MA(7) and MA(25), which suggests a short-term bullish trend. There is a solid uptrend with a higher high at $0.729, and the price is currently testing resistance.
Momentum: The price has been moving with moderate volume (15.72M MANTA), suggesting a stable market condition with potential for further price action if resistance is broken.
Indicators: The MA(99) and MA(7) are also in alignment, supporting a continuation of the bullish momentum if the price breaks above resistance.
Trade Setup:
Short Setup (if resistance at $0.729 holds):
1. Entry Point: Around $0.725 - $0.729 (near resistance levels).
2. Stop Loss: $0.740 (just above the 24h high, allowing room for volatility).
3. Take Profit:
First target at $0.693 (MA(7)).
Secondary target at $0.663 (24h low), if price breaks below the support.
Long Setup (if price breaks above $0.729):
1. Entry Point: If price breaks and closes above $0.729 with good volume, enter long.
2. Stop Loss: $0.690 (below MA(7) and recent support).
3. Take Profit:
First target at $0.741 (next resistance level).
Secondary target at $0.760, a possible extension from the breakout.
Risk Management:
Position Sizing: Use proper risk management, as price can be volatile near resistance levels.
Secondary resistance at $0.0090, just below the 24h high.
Support:
Primary support at $0.008071 (24h low).
Secondary support at $0.0080 (around MA(7)).
Analysis:
Trend: The price is currently above the MA(7) and MA(25), indicating a bullish short-term trend. However, the price is approaching the resistance level of $0.009776, which could act as a strong barrier.
Momentum: The recent uptrend is supported by strong volume (7.48B TURBO traded), suggesting continued interest. The MA(99) suggests the longer-term trend is neutral to slightly bullish, with the price near its higher levels.
Trade Setup:
Short Setup (if resistance holds at $0.009776):
1. Entry Point: Around $0.0090 - $0.0091 (near resistance levels).
2. Stop Loss: $0.0098 (just above the 24h high, to account for potential breakout).
3. Take Profit:
First target at $0.00867 (MA(7)).
Secondary target at $0.00807 (24h low), if price breaks below the support.
Long Setup (if price breaks above $0.009776):
1. Entry Point: If the price breaks and closes above $0.009776 with strong volume, consider entering long.
2. Stop Loss: $0.0090 (to minimize risk in case the breakout fails).
3. Take Profit:
First target at $0.010 (psychological level).
Second target at $0.011 (next key resistance).
Risk Management:
Position Sizing: Use a small position size, especially with the high volatility of meme coins like TURBO.
Moving Averages: The price is currently above the MA(7) and MA(25), suggesting a short-term bullish trend, though the price is close to key resistance levels. The MA(99) at $0.1991 indicates a longer-term upward bias.
Resistance Levels:
Primary resistance at $0.2178 (24h high).
Secondary resistance at $0.2204 (near the depth).
Support Levels:
First support at $0.2043 (MA 7).
Stronger support at $0.1915 (24h low).
Trade Setup
Short Setup (if resistance holds at $0.2178):
1. Entry Point: Around $0.2170 - $0.2178 (near the 24h high and resistance level).
2. Stop Loss: $0.2205 (just above the resistance zone).
3. Take Profit:
First target at $0.2043 (MA 7).
Second target at $0.1915 (24h low) if the bearish momentum increases.
Risk Management:
Position Sizing: Limit exposure to 1-2% of capital per trade.
Volume Confirmation: Watch for decreasing volume near resistance to validate a potential short position.