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JUST IN: Binance Founder @CZ says 'avoid' selling the crypto dip. #CZ #bnb
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$ETH Where did you see the price of ETH in the next couple of weeks? The next strong support is $4100-$4200. #ETH #PCEMarketWatch
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$PYTH Congratulations 🎊 for the profit 🤑 if you took the trade on my signal✔️ Follow me for more accurate setups ☑️ #PYTH #signal
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🚀 Breakout Trading Strategy with Support and Resistance Breakout trading is one of the most powerful strategies in crypto. It works by spotting key support (floor) and resistance (ceiling) levels where price struggles to move beyond. 👉 When price breaks above resistance, it signals strong buying momentum and a possible uptrend. 👉 When price drops below support, it often means sellers are in control, leading to a downtrend. 📊 Why it works: Markets move in cycles of consolidation → expansion. Breakouts trigger stop-losses, attract new traders, and increase trading volume. The combined buying or selling pressure fuels strong, sustained moves. 📍Successful breakout traders wait for confirmation, such as increased volume or candle closes beyond the level, to avoid false signals. They also use stop-losses just below the breakout point for risk management. Follow me for more market insights 👆 #tradingStrategy #BinanceSquareFamily
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$WLFI As expected Downside breakout 🔺 #WLFI #Market_Update
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