If you are shorting in the bull market, stare at the charts. | Anndy Lian on Binance Square

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If you are shorting in the bull market, stare at the charts. 

You just might be liquidated when you blink.... 

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$SOL Technical Breakout Confirmation (Bullish Signal) Solana (SOL) surpassed the $205.87 swing high (July 14 resistance), backed by a 22% weekly volume increase to $12.2B. Key indicators: RSI at 66 (neutral, trending upward) MACD bullish crossover (4.56 vs. 2.38) 61.8% Fibonacci retracement held at $175.10Implications: Next price targets: $219.41 (127.2% Fib extension), then $236.64 Key support: $194.12 (23.6% Fib), ~6% below current price Key Focus: Monitor price action around $219.41 for potential breakout continuation.

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$SOL Network Upgrade Momentum Solana’s Alpenglow upgrade launched on August 14, replacing Turbine with the Rotor protocol. This single-layer repeater system slashes block propagation time by 40% and lowers validator bandwidth needs, tackling past congestion. Implications: Validators reconstruct blocks with 50% fewer shards. Missed slots (failed blocks) reduced by ~15%, boosting network stability. Enables Solana to consistently handle >2,500 TPS, up from ~1,800. Key Focus: Track validator adoption—72% upgraded as of August 14.

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$DOGE ETF Speculation Polymarket shows a 75% chance of a DOGE ETF, with Bloomberg analysts forecasting a 90% approval probability by 2025 Implications: ETF approval could attract institutional investment and enhance DOGE’s credibility as an asset. Thumzup Media’s $50M crypto treasury allocation, including DOGE, signals rising corporate adoption. Key Focus: Monitor SEC updates on 21Shares/Grayscale ETF filings.

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$DOGE Golden Cross Breakout DOGE’s 50-day SMA surpassed its 200-day SMA, a pattern not seen since November 2024 (U.Today). Implications: Historically drives sustained bullish momentum, with the last golden cross sparking a 130% rally. Backed by RSI at 60.2 (neutral) and a 38% surge in 24-hour trading volume, indicating strong demand. Key Levels: A close above $0.28 (Fibonacci resistance) could push DOGE toward $0.35.

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$DOGE Dogecoin (DOGE) surged 5.43% in the past 24 hours, outperforming the crypto market's 2.77% gain. Key factors:Whale buying: 1B DOGE ($200M) purchased, reducing available supply. Technical signal: Golden cross (50-day SMA surpassing 200-day SMA) indicates bullish momentum. ETF prospects: Bloomberg analysts estimate 90% chance of DOGE ETF approval by 2025.

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