We briefly talked about $XRP in today’s live | CRYPTO MECHANIC on Binance Square

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We briefly talked about $XRP in today’s live 

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CRYPTO MECHANIC

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Trading will make you cry. It will make you want to give up. It will make you question yourself. It will leave you feeling like a dumbass. On top of that, it will cost you money, time, effort, focus, friendships, sacrifices. But you know, You cannot learn about yourself without going through pain.

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$PENGU down 10% from there and still struggling to break that supply zone.

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Binance recently listed $ERA token via its BNB Hodler program and here is everything you may want to know about the project. **What is caldera? ** Caldera is the internet of rollups - an ecosystem of modular, interconnected, and customizable chains. ** ERA Token Utility ** Era utility will include the following: 🔸 Universal Cross-chain Gas: ERA will be used as the payment mechanism for cross-chain transaction relays. 🔸Network governance: ERA holders will be responsible for governing changes to the underlying protocol, including technical upgrades, fee mechanisms and DAO treasury spend 🔸Staking: ERA tokens will be used to secure the network. In the future, ERA can be used as a staking token for sub-networks. 🔸ERA will also be used as a social coordination tool to further unite rollups to bootstrap their networks to achieve success in their earliest stages ** Caldera Existing Products ** Caldera combines two products: 🔸The rollup engine, enabling any amount of performant new chains to be created quickly The Caldera Rollup engine now secures $1B+ in total value and has processed 550M+ transactions across 17M+ unique addresses. This growth underscores Caldera’s ability to handle real-world demand while maintaining reliability and efficiency. 🔸The metalayer, an all-purpose full-stack interoperability solution that makes it possible to interact across chains. it is designed to revolutionize how rollups interact with other chains, the Metalayer provides a seamless, secure, and efficient platform for cross-chain operations. ** Era Tokenomics ** Token Name: Caldera (ERA) Genesis Total Token Supply: 1,000,000,000 ERA Max Token Supply: 1,000,000,000 ERA Circulating Supply 148,500,000 ERA (14.85% of total token supply) Read More indepth analysis of $ERA Token Here 👇 Deep Dive Into ERA

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Looking to play this move next week if the market gives. Won't be taking BTC trade but will take that opportunity to buy Altcoins.

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Here is how you can plan your trade setups or you can also call it different trade strategies. Plan 1: Sharp move up and Reversal/Pullback How it looks like? A sharp rally followed by a sudden spike and then a steep drop. How it happens? • FOMO buying pushes price rapidly up. • Smart money sells into that strength. • Price quickly reverses and breaks below support. ⁠ How to trade? • Avoid buying the spike. • Look for price to return to previous demand/support levels. Plan 2: Consolidation then Breakout What it looks like? A strong move up, then sideways or consolidation, followed by a breakout. Why that happens? • Market is cooling off and accumulating. • Buyers and sellers shakeout within the range. • Breakout suggests fresh buying momentum. How to trade? • Watch for breakout from the consolidation zone. • Buy the breakout or the retest. This Ideal setup for trend continuation trades. Plan 3: Breakout and Retest What it looks like? Price breaks above resistance, pulls back, and retests the breakout level. How that happens? • Initial breakout occurs. • Traders take profit, causing a pullback. • Buyers defend the breakout level (new support). How to trade? • Buy the successful retest (when price holds above previous resistance). • Safer than buying the breakout itself. • Often leads to a strong continuation. Good luck & Keep Learning

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