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$KERNEL This setup is essentially a range accumulation play. The real breakout will come only if $0.278+ is closed on 1D/3D, which could open the way to $0.32–0.35. Until then, it’s just ping-pong trading inside the box. Range Structure • Support (bottom of box): ~$0.185 → tested multiple times, strong buyers. • Resistance (top of box): ~$0.260–0.278 → strong sell zone, repeated rejection. • Middle zone (fair value): ~$0.20 → price is currently bouncing here. ⸻ Chart Implication • The box highlights a range-trading market. • Target projection is ~37% upside move if price rallies from near-support to retest resistance. • Volume spikes match support bounces (bullish for range continuation). ⸻ Trading Plan from This Chart 1. Long bias near $0.185–0.190, stop below $0.183. 2. Target 1: $0.230 (midway resistance). 3. Target 2: $0.260–0.278 (range high). 4. If $0.185 breaks: Range fails → opens downside to $0.165 → $0.150 (previous liquidity pools).
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Litecoin ($LTC ) The price of LTC may currently be forming a break of the bullish structure, which could lead to a continuation of the current correction. The main area of interest for a potential decline is the liquidity zone below $103. If the price reaches this zone and shows a reaction, the upward movement is likely to resume.
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$BTC has broken below the 100 EMA on the daily chart. That’s not a good sign and could open the door for a deeper correction toward $103K. Historically, every drop below this EMA has led to a short-term pullback. I’m watching closely and hoping Bitcoin reclaims the level soon to keep the uptrend intact. Even if we see a deeper correction, alts will rebound eventually.
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🚨 $ETH Price Analysis 🚨 🔹 $ETH hit ATH of $4957 2 days ago, now retracing to $4400. 🔹 Strong support at $3900-$4000. Holding this zone opens upside to $6000-$8000. 🔹 Breakdown of $3900 could lead to $3500 and $3200 levels.
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$ETH Simple
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