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We notice on the daily timeframe (1D) that the price has built higher lows starting from its lowest low at $0.5 reaching $1.3 in a gradually ascending trend.
✅ Target areas in case of continued upward momentum:
1.61$
2.24$
2.99$
3.82$
5.10$
6.65$
Reaching up to 8.07$ as a long-term target
📉 The most important support currently: 1.07$ — forming a lower low than this range will be an indicator of breaking the upward trend, and we may witness further correction, but as long as the price stays above it, the positive scenario remains valid.
📌 This analysis is not a recommendation to buy or sell, but rather a technical view based on the current price movement.
🚨 We will be live with a blessed broadcast on the #Binance Square platform at 9 PM Mecca time We welcome all your questions and inquiries during the broadcast
After a sharp decline within a downward channel, the price formed a Cup & Handle pattern on the daily timeframe, followed by a strong breakout of the resistance area around 38 dollars.
✅ The downward channel has been broken ✅ Confirmation of the breakout with high trading volume 📈 Expectations indicate a continuation of the rise with the possibility of a retest of the broken resistance
📍 Levels to watch:
Current Support: 38 dollars
Potential upcoming targets: 60 - 75 - 99 dollars
📊 The pattern supports a bullish scenario as long as it stays above the breakout area.
⚠️ This is not a recommendation or an invitation to buy or invest
The company TETHER, issuer of the $USDT currency, has frozen several wallets on the Tron network with a total amount exceeding 4 million dollars.
According to the company, these wallets are facing legal action and a series of charges related to fraud, money laundering, and other legal violations.
🚨A whale buys 30,000 pieces of Ethereum worth $75.6 million.. The last time he did this, the price rose by 40% The transaction was done over-the-counter (OTC), meaning it did not directly affect the market price.
However, what is striking is that the last time this whale bought Ethereum, the price increased by 40% in just two weeks!
🚨 A massive whale buys 30,000 Ethereum (ETH) worth $75.6 million, and the transaction was conducted over-the-counter (OTC), meaning it did not directly affect the market price.
However, what is striking is that the last time this whale purchased Ethereum, the price increased by 40% in just two weeks!