Seems like the Market Wants a Small correction..! Watch you | Crypto PM on Binance Square

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Bearish

Seems like the Market Wants a Small correction..!
Watch your Trades BRO.

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$PUMPBTC Take-Profit target 2 ✅ Profit: 30.9118% 📈 Period: 3 Minutes ⏰

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$PUMPBTC Long Signal BUY : 0.04125-0.04050 Leverage: Cross (10.00X) 📍TARGETS 1) 0.04175 2) 0.04225 3) 0.04315 4) 0.04400 5) 0.04551+ ❌ STOPLOSS: 0.03853 #pumpbtc

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$PEAQ 13.2% price decline in the past 24h aligns with profit-taking after its Binance Alpha listing and broader altcoin weakness. Binance Alpha airdrop triggered sell pressure as recipients liquidated tokens. Technical breakdown below key moving averages accelerated selling. Altcoin rotation intensified as Bitcoin dominance rose to 63.87%. Deep Dive 1. Primary catalyst: Binance Alpha activity Airdrop sell-off: Binance distributed 643 PEAQ tokens per eligible user on July 12, with recipients potentially selling to lock gains (Binance Alpha). Trading competition: A parallel event offering 10.5M PEAQ rewards began July 12, creating short-term volatility as participants churned positions. 2. Technical context Key levels breached: Price fell below 7-day SMA ($0.0778) and 30-day SMA ($0.0765), triggering stop-loss orders. RSI divergence: The 14-day RSI dropped to 48.37 from 56.9 a week ago, signaling weakening momentum. Volume spike: 24h trading volume surged 163% to $20.15M, confirming bearish conviction. 3. Market dynamics BTC dominance rise: Bitcoin’s market share increased to 63.87% (from 63.22% last month), pressuring altcoins. Altcoin season index: Dropped to 27 (-6.9% weekly), reflecting capital rotation toward safer assets. Fear & Greed Index: At 69 (“Greed”), suggesting overheated conditions ripe for corrections. Conclusion peaq’s drop reflects a confluence of token-specific profit-taking and sector-wide risk aversion. While its Q1 ecosystem growth (3.5M wallets, $25M tokenized RWAs) remains a bullish anchor, traders should monitor whether $0.07 becomes support. Will Binance Alpha’s liquidity boost outweigh near-term distribution pressure?

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$DEGO Long Signal , Don't Miss. BUY : 1.1347-1.1088 Leverage: Cross (10.00X) 📍TARGETS 1) 1.1493 2) 1.1651 3) 1.1872 4) 1.2097 5) 1.2380+ ❌ STOPLOSS: 1.0769 #dego

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$AGT Take-Profit target 3 ✅ Profit: 54.5024% 📈 Period: 3 Hours 40 Minutes ⏰

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