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Don’t be Bullish at Resistance ( Hint for you )
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#DEGEN - CHoCH was confirmed, but price failed to push higher and formed a Lower High around $0.0092, signaling early weakness and a possible rejection from resistance. Key areas are $0.0062–$0.0065 as current support, and $0.0048–$0.0052 as the original bullish base. The Lower High at $0.0092 remains a decisive resistance. If price holds current support and reclaims $0.0092, bullish structure could resume. Otherwise, continued rejection from that level with a breakdown below $0.006 would confirm bearish intent and likely send price back toward the $0.005 zone for demand re-entry.
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#MUBARAK - Update ‼️ Price broke out strongly after a long accumulation phase but hasn’t yet confirmed a Higher High. Market structure is attempting to transition from a range to a bullish trend. Critical levels include $0.050–$0.055 as current support and $0.072–$0.075 as near-term resistance. The base of the move sits around $0.034–$0.038, which previously acted as a solid demand zone. Sustaining above $0.055 increases the probability of a breakout above $0.072, with upside potential toward $0.10. A failure to hold $0.050 would weaken structure and likely send price back to retest the original accumulation zone at $0.03
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#MOODENG Update ‼️ Market structure flipped bullish after a clear CHoCH. Price broke above previous highs and printed a Higher High at $0.34, confirming a shift in momentum. Structure is now favoring buyers with strong follow-through. Key levels to focus are $0.26–$0.28, now acting as support after a breakout, and $0.36–$0.40 as immediate resistance. Below that, $0.16–$0.18 remains the origin of the move and a strong bullish base. As long as price holds above $0.26, trend continuation is likely. A push through $0.40 could accelerate the move toward $0.50. However, failure to hold $0.26 and a daily close below $0.24 would invalidate the breakout, exposing price back to the $0.16 demand zone.
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