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Mr_Green鹘
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$DMC
hits TP1 and TP2
Let's go..
$DMC
DMCUSDT
Perp
0.001837
+30.74%
Mr_Green鹘
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$DMC Long signal
Entry: 0.021
TP1: 0.0223
TP2: 0.0236
TP3: 0.0257
SL: 0.019
$DMC
{future}(DMCUSDT)
#DMC
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SOL Daily Chart: Testing Major Support While Pressured by Dual Downtrend Lines Solana is sitting right inside a key higher-timeframe demand zone around $120–$135, an area where buyers have historically stepped in. Price has bounced from the lower boundary of this zone, but the overall structure remains bearish due to the descending trendlines above. Trendline Breakdown Primary trendline: A steep downward trendline from the recent swing highs continues to act as strong dynamic resistance. Secondary (outer) trendline: A longer, wider trendline shows the broader bearish channel SOL is currently respecting. Price is now attempting to stabilize in the support zone, but has not broken above either trendline, meaning sellers still control momentum. What Happens Next? Bullish scenario: A clean break and daily close above the first descending trendline (around $140–$145) would be the first signal of momentum shifting. If SOL flips this trendline into support, it could target $160–$170 next. Bearish scenario: If SOL fails to break trendline resistance and loses the support zone ($120–$135), price could slide toward the next structural support around $95–$105. Indicators: RSI near 34 shows SOL is approaching oversold levels, hinting at possible relief, but not yet showing a confirmed reversal. #solana
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