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RayhanBros
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$ETH Fear and Greed Index is 77 — Extreme Greed Current price: $2,948 #Write2Earn
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$PENGU Looking Good ✅ 🔍 PENGU/USDT Analysis (1H Chart) Current Price: $0.023247 Current Price Movement: After hitting the recent high of 0.024682, the price retraced downward but formed a higher low, suggesting buyers are defending key zones. 📈 Trend Analysis: Short-Term Trend: The chart shows a bullish structure in the short term as the price is forming higher highs and higher lows. However, after reaching 0.024682, a pullback occurred, showing a correction phase. Price has now recovered slightly from the dip and is consolidating around 0.0232. 📉 Bearish Signals: The price has failed to reclaim the 0.0246 resistance level, which could now act as a strong resistance zone. The -3.35% drop in the last 24h shows some bearish pressure. 🟢 Bullish Signals: Strong recovery from 0.018302 low. Volume is still significant, indicating ongoing interest from traders. Formation of higher lows indicates potential for upward movement if resistance is broken. ✅ Key Levels to Watch: 🔸 Resistance: $0.0236 & $0.0246 🔸 Support: $0.0221 &$0.0183 ✅ Bullish or Bearish? Currently: Neutral to Slightly Bullish The structure is leaning bullish but facing resistance at higher levels. If price breaks and holds above $0.0246, it could continue upward. But if price breaks below $0.0221, the trend could turn bearish in the short term. If you want a trading idea (entry/TP/SL) based on this chart, let me know! #Write2Earn
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Bitcoin Long-Term Holders Reach 74%, Highest Level in 15 Years According to ARK Invest, 74% of BTC supply has been held for over 155 days, reinforcing confidence as "digital gold." Meanwhile, MVRV momentum is near the zero line. If the price fails to sustain its upward trend, there’s a risk of reversal. Dominance is at 65%, a level not seen since late 2020, with BTC leading the market amid altcoin underperformance.
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