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ugans_technically_insights
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as of now, 🐂🐂🐂 ready for another run
ugans_technically_insights
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#PENGUUSDT
Now clear trend formed in #pengu
Trend intact for bulls – as long as price respects the trend line, buyers remain in control.
Confirmation for breakdown – not just one red candle, but a series of three consecutive closes below the trend line would be the signal for weakness.
Until then, pullbacks are normal corrections, not reversals.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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#CryptoMarketMoves Today will be . . 👇👇👇
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#BTC #BearishPennant #BTC has formed a Bearish Pennant pattern, signaling short-term weakness. If bulls fail to hold the upper hand at current levels, a retest of $108… is possible. ⚠️ Stay alert, monitor your open positions closely.
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#Pengu The trend line breakdown is a short-term bearish signal, but when you look at the higher timeframe, it still shapes up as a bullish flag — which usually favors continuation to the upside after consolidation. 📉 Short-term: Some more correction or sideways moves possible. 📈 Long-term: Structure remains intact, as long as support levels hold and volume doesn’t collapse. ✅ A breakout from the flag in future can trigger the next strong bullish wave.
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#BTC 📊 Long-Term Perspective Market looks well-prepared for another bull run. ✅ Strong Supports: $108… and $105… 🔒 Still no worry for investors as long as price holds above these zones. ⚠️ Caution: Only if it breaks below $105…, the market enters the danger zone.
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