Thanks to the correction on meme coins I am going to sell | Islam_Ambassada on Binance Square

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Islam_Ambassada

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Thanks to the correction on meme coins 
I am going to sell them and buy utility coin ❤️
We are meant to correct each other ❤️ I actually bought them ignoring the ruling 
Jazakallahu khairan to everyone,May Allah bless you 
Correct me in case of any Islamic error

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There are several reasons why I don’t find the ORDI chart impressive. First, it has broken a major support zone between $18 and $24 and is currently trading near very low levels. Secondly, it hasn’t formed any strong highs on the weekly timeframe yet. Overall, the market remains weak unless we see a breakout above at least a daily or weekly high just as shown on my screen . On the weekly chart, it is still trading below the previous week’s high. A solid breakout would provide a better opportunity to consider buying, but for now, the market remains weak and it looks more bearish $ORDI My view ❗️

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$ADA Analysis Update Currently, $ADA is consolidating between the green support zone below and the red resistance zone above. It’s important to note that trading within a consolidation phase can be more challenging compared to a trending market. However, based on my analysis, ADA still appears structurally sound and maintains a bullish outlook as long as it holds above the green support zone. Trade Opportunities: • I anticipate a potential dip into the $0.5500–$0.6200 range. • Following this, there is a possible rise towards the $0.95–$1.00 range. Since this is a consolidation market, I strongly encourage traders to take profits early at any supply zone if they choose to trade it. The key area to watch for profit-taking remains around $0.95–$1.00. If we observe further bullish momentum, we will make necessary adjustments to the analysis. Note: This is my personal perspective and not financial advice. Please make your own trading decisions based on your personal judgment. Buy Cadano on spot ↖️⬆️ here

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