Crypto sellers are exhausted !! 🔻🔻 Every time we’ve seen | maverick008 on Binance Square

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Crypto sellers are exhausted !! 🔻🔻
Every time we’ve seen this......

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#RSR Analysis: The price has tested the resistance area and subsequently rejected that level. There is an uptrend line that serves as support; a break below this line could lead the price toward the major support area. You may consider opening a short position if the price tests the resistance area again. Support Area: $0.00710-$0.00740 Resistance Area: $0.00888-$0.00957

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According to the latest data remarkable 88% of the total circulating supply of Bitcoin is currently in profit. This means that nearly nine out of every ten Bitcoins held by investors were acquired at prices lower than the current market value. Such a high percentage of profitable supply reflects strong bullish sentiment across the market. Historically, when this metric remains elevated, it indicates that long-term holders are sitting on solid gains — often reinforcing confidence and reducing panic selling.

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Educational 📯 post.

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#CFX/USDT ANALYSIS CFX has broken down from a descending triangle pattern and is currently trading above a key horizontal (S/R) level. A bounce from this level is possible; however, the 21-day moving average is acting as a resistance barrier above the price. If the S/R level fails to hold, a further correction could follow. Monitor the price action closely to confirm whether support holds or a deeper pullback unfolds.

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