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Bhavesh 07
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Bhavesh 07
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#IDUSDT The price is moving in a descending channel. At the current position, the price seems to be completely bearish because it broke the upward trendline and pulled back and is currently in a downward trend. We expect the price to reach at least the midline of this channel and, if confirmed by the candlestick, continue the downward trend. The targets are indicated on the chart. #ID
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LA analysis: Price tested the support area and rebounded from there. There is local resistance, and a break above this will push the price toward a major resistance level. Open a long position if the price holds above $0.375. Local Resistance Area: $0.368-$0.375 Major Resistance Area: $0.428-$0.432 #la
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Shorting #APT here Short (5x-10x) Entry: $4.5890 - $4.6500 Reason: Chart looks bearish for it. Worth a short for short term quick profits too. It already broke down the Inverse cup and handle pattern, looking bearish. Targets: $4.48, $4.40, $4.30, $4.20, $4.00 Stop-loss: $4.75 #CPIWatch
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🪙 #ETH CQ: Open interest for Ethereum on Binance has surpassed $10B, setting a new record for derivatives activity. Since November 2024, short positions across the market have surged by 500%, including a 40% increase just in the past week. This explosion in short bets has created a scenario where, if positive sentiment persists, a short squeeze becomes increasingly likely. #REVABinanceTGE
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PEOPLE/USDT ANALYSIS Timeframe: Daily 📈 Targets: $0.080 🎯 ConstitutionDAO is positioned to break out from a symmetrical triangle on the daily timeframe. The price is testing the upper resistance line of the pattern. If the breakout materializes, we could see movement toward the target level. #ETH5kNext?
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