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CRYPTO PALACE
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#bitcoin☀️
is currently consolidating above its support level, indicating potential sideways movement. Let's keep an eye on the price action over the next 2-3 days
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$ETH BTC DAILY OUTLOOK – May 2, 2025 #bitcoin has broken out bullishly from a rising wedge pattern, confirming strength with a solid daily candle close. This breakout sets the stage for a continued rally as the market eyes the $98,450–$100,000 zone. We’re seeing a clear bullish structure supported by on-chain activity and price action. With news-driven clarity expected, market conditions favor the bulls — but volatility near major psychological levels like $100K is likely. Key Technical Levels Immediate Resistance: $97,475 Short-Term Targets: $98,424 → $99,421 Major Resistance Zone: $100,000 → $107,000 Support Levels: $95,900 → $92,000 Critical Hold Zone: Above $95,500 to keep bullish momentum alive Trade Strategy Bias: Bullish Entry Zone (on pullback): $95.8K – $96.2K Short-Term Target: $98.5K – $100K Stop Loss (SL): Below $95,000 Take Profit (TP): $99K – $100K Caution: The $100K level could bring increased volatility and possible rejection. Trade with discipline and avoid FOMO. Conclusion: $BTC is currently showing strength with bullish price action and clear targets. If price holds above $95.5K, we could see continuation toward the $98.5K–$100K zone soon. Ideal play is to buy the dip with tight stop-losses and scale out profits as we approach key resistance #TradingSignals
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#PENGU/USDT Technical Outlook #pengu has successfully broken above its key resistance zone and is now trading above it, signaling bullish momentum. A potential pullback toward this former resistance, now acting as support, could present a solid opportunity to enter long positions. If the price consolidates and holds this zone, we may see a continuation of the upward trend following accumulation. - New Support Zone: $0.009000 – $0.009570 - Next Resistance Target: $0.0134 – $0.0142 #TradingTips" $PENGU
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#bitcoin Market Outlook Bitcoin continues to respect its key support zone despite the low overnight volatility, indicating a market in wait-and-see mode. Price action remains muted, with traders likely eyeing the U.S. equities open or upcoming macroeconomic data for directional clarity. Technically, #BTC☀ is still trading within a rising wedge pattern, a formation that typically suggests weakening momentum. Each approach toward the $95,000 resistance zone has been met with strong rejection, reflecting minimal buying pressure at higher levels. If this pattern breaks to the downside, traders should be prepared for a swift drop toward the $90,000 zone, which aligns with the wedge’s projected target and historical demand. Summary: Market is indecisive, awaiting a trigger Rising wedge still intact, momentum fading Watch for rejection around $95K or a breakdown to $90K Patience and tight risk management are key right now #BİNANCE #tradingtips $BTC
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Market Sentiment: Neutral-Bullish — #bitcoin is holding above key support, but volume is light ahead of U.S. market open. Key Levels (BTC/USDT): Support: $62,800 – $63,200 Resistance: $64,500 – $65,000 Pivot zone: $63,800 $BTC Trade Setup Idea (Short-Term): Entry: $63,300 – $63,500 Take Profit: $64,800 Stop Loss: $62,700 Risk/Reward: 1:2+ More also, You can Wait for a breakout above $65,000 to confirm bullish continuation. #BTC☀ is respecting its short-term support zone, but a break below $62,800 could invite sell pressure. U.S. market open may bring volatility, stay alert.
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🔼 $TAI Spot Buy Setup📈 🟢 Entry Zone: $0.065 - $0.046 🎯 Targets: $0.07366 → $0.09725 → $0.11349 → $0.12974 → $0.16222+ Stop Loss: $0.03229 Technical Outlook: $TAI has formed a Bullish Broadening Wedge, a strong continuation pattern indicating potential upside momentum. The price has reached a key weekly support zone, signaling a high-probability reversal setup. With bullish confirmation, the next leg up could drive a 500% rally. Market Insights: 🔹 Recently featured at Google GDC as the only Solana AI crypto project. 🔹 Officially accepted into the NVIDIA Inception Program. 🔹 The only AI project backed by Solana, adding strong fundamental support. 🔥 Bullish momentum is building—watch for breakout confirmation! 🚀 #TradingSignals #TradingShot
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