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Binance Contract Practical Day Three
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theman07
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let's takea a look at BONK/USDT trading pair. Here's a detailed breakdown of the data presented in the image: --- 🔹 General Information Trading Pair: BONK/USDT (BONK is being traded against USDT – a stablecoin pegged to USD) Current Price: 0.00002370 USDT Percentage Change (24h): +5.19% Category: Meme coin --- 🔹 Price Overview 24h High: 0.00002540 USDT 24h Low: 0.00002180 USDT This suggests the coin has had some volatility in the last 24 hours. --- 🔹 Volume (24 Hours) BONK Volume: 4.82T (Trillion BONK tokens traded) USDT Volume: 113.15M (equivalent USDT value traded) This indicates a high trading activity, showing strong interest from the market. --- 🔹 Candlestick Chart Time Interval: 1 Hour (Each candlestick represents 1 hour of trading) Recent High: 0.00002540 Recent Low: 0.00002085 The chart shows a rise in price followed by a correction, then a slight recovery—indicating some market fluctuations. The price briefly spiked, then dropped and is now attempting to recover. --- 🔹 Moving Averages MA(5): 192,441,696,868 MA(10): 241,294,777,145 These are moving averages calculated based on the 5 and 10 previous candlesticks. The MA lines help identify short-term trend directions. --- 🔹 MACD (Moving Average Convergence Divergence) DIF: 0.00000030 DEA: 0.00000032 MACD Histogram: -0.00000003 The MACD is slightly bearish here since the histogram is negative, showing potential downward momentum, but it's relatively weak. A crossover of the DIF above DEA could indicate a buy signal if it happens soon. --- 🔹 Volume Bars Shows how much trading activity occurred in each hour. Taller green bars indicate buying pressure, red bars indicate selling pressure. --- 🔹 Performance Overview Today: +2.07% 7 Days: +45.52% 30 Days: +76.13% 90 Days: +33.62% 180 Days: -36.78% 1 Year: -1.50% Indicates short-term bullish momentum but long-term (6 months to 1 year) the coin has experienced losses.
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$BTC pushing back! After dipping to $102,875, Bitcoin is showing resilience — climbing back above $103,700 and holding key support. 🔄🟢 Buyers are stepping in, volume is rising, and momentum is building. ⚡📈 Short-term resistance at $104,167, but if bulls maintain pressure, a breakout could send us toward $105K+ next. 🚀 Strategy: Tight stops below $103K, watch for breakout confirmation above local highs. The battle is on — and $BTC isn’t backing down. Stay sharp. Stay ready.
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#TrumpTariffs The return of #TrumpTariffs to political discourse has reignited debates about the long-term effects of trade wars on the global economy. Originally aimed at reducing trade deficits and protecting American industries, the tariffs led to retaliatory measures from key trading partners, impacting everything from agriculture to tech. As discussions resurface around reimposing or expanding these tariffs, businesses and consumers alike are bracing for potential cost increases and supply chain disruptions. Supporters argue that tariffs are necessary to rebalance unfair trade practices, while critics warn of inflationary consequences. With the 2024 election cycle heating up, #TrumpTariffs could once again become a central economic policy issue.
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