🔸 Trend: Neutral with slight bearish pressure 🔸 Current Zone: Price holding above 0.03100 after recent rebound 🔸 Structure: Consolidating in a tightening range, showing signs of compression
🔻 Support Levels: 1️⃣ 0.03100 – Current short-term support 2️⃣ 0.02950 – Key base zone tested multiple times 3️⃣ 0.02800 – Higher timeframe support and accumulation zone
🔺 Resistance Levels: 1️⃣ 0.03250 – Local breakout point 2️⃣ 0.03400 – Last week’s lower high 3️⃣ 0.03650 – Strong resistance from mid-May breakdown
📈 Indicators: 📍 RSI: Around 45, shows indecision — neither overbought nor oversold 📍 MACD: Sideways, waiting for crossover signal 📍 Volume: Weak — suggests market is waiting for a trigger
🧠 Price Analysis: H is forming a possible squeeze pattern. Bulls need a clean close above 0.03250 with volume to shift trend momentum. Bears will watch for a break below 0.03100 to re-test deeper supports near 0.02950.
🛠️ Trade Setup Idea: 📌 Entry Zone: 0.03150 – 0.03200 🎯 Targets: First TP at 0.03400, next TP at 0.03600 🔒 Stop Loss: Tight below 0.03000 for protection ⚠️ Avoid heavy leverage during this tight structure phase
📬 Summary: Market is calm before a move. Stay alert. Breakout = acceleration. Breakdown = caution. Wait for volume confirmation 🔎
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Current Price: NZD 2.35 as of market close on June 25, 2025 .
Market Cap: Approx. NZD 4.4 billion, down ~40% year-over-year .
P/E Ratio (TTM): Around 22×, with a forward P/E near 15.7× .
Dividend Yield: Currently about 12%, with the most recent ex-dividend date on March 20, 2025 .
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⚙️ Financial Performance
TTM Revenue: Around NZD 3.8 billion, down ~14% year-over-year .
Net Income (TTM): Approximately NZD 194 million; FY 2024 net income was ~NZD 316 million, marking a 72% decline .
EBITDA Margin: About 28%, with EBITDA ~NZD 946 million .
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🧾 Technical & Market Sentiment
Short-Term Trend: Rising for three consecutive days; a forecasted 16% gain over the next 3 months with price expected to be within NZD 2.60–2.76 at 90% confidence .
Support & Resistance Levels:
Support: NZD 2.31–2.33.
Resistance: Around NZD 2.37–2.39 .
Technical Ratings: Mixed signals—some short-term momentum and buy from moving averages, but weekly/monthly indicators lean toward “sell” .
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🔍 Analyst Outlook & Forecasts
Analyst Ratings: Neutral overall, based on aggregated views from WSJ and Yahoo .
Price Targets: Range from NZD 2.05 (low-end) to around NZD 3.75 (high-end) .
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📌 Key Drivers & Risks
✅ Strengths
Very High Dividend Yield (~12%), appealing to income-seeking investors.
⚖️ SEC Dismisses Binance Lawsuit — Regulatory Winds Are Changing
In a major legal turnaround, the U.S. SEC has officially dismissed its lawsuit against Binance and founder CZ with prejudice.
This lawsuit, filed in 2023, accused Binance of offering unregistered securities and misleading investors. But now, two years later, the case has been dropped entirely.
Why it matters: ✅ Restores trust in Binance globally ✅ Could influence future rulings on Coinbase, Ripple, and Ethereum ✅ Signals a friendlier stance toward crypto under the new U.S. administration
This move is already affecting price sentiment, with $BNB showing strong upside momentum.
📣 CZ, now a strategic advisor, said:
> “The dismissal speaks for itself. Binance continues to focus on building responsibly.”
It’s not just a win for Binance—it’s a win for the entire crypto industry.
Hello everyone! wishing you very best for this new day.
Right now we are facing correction and volatility in market with $BTC and $ETH correcting amid #IsraelIranConflict and #TrumpTariffs being recently in place.
So be cautious and take trades based on technicals and always stay cautious.
Well i am feeling ecstatic to share my progress in future solo, future team as well as my future lead trading profile. Have generated 11385$ volume with 23$ profit and a meagre 2.89% ROI till time in future solo as well as team event.
What gives me happiness is the fact that since last 7 odd days none of my 59 trades have gone south and have achieved 100% win rate.
The hunt for achieving more and more P&L with improved ROI coupled with max win rate cutting out greed,overcoming fear, avoiding emotional trading and not chasing FOMO still remains the motto.
Hoping you guys are also taking good trades! Again wishing everyone best of luck for events.
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