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$MTL
LONG IDEA,
#MTL IS APPROACHING MAJOR RESISTANCE AS SOON AS IT CLEARS IT, LONG SET-UP WILL BE ACTIVATED.
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MTL
0.676
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755
0
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📉SHORT: $AAVE (1D) #AAVEUSDT | #AAVE | #Aave Current Price $265 Market Cap $4.06B Analysis: Aave showed a whopping growth of 185%, but recent bearish trends have dominated the chart, hinting at a possible reversal. The rising wedge in the chart suggests an upcoming bearish turn, which might be a great opportunity for a short position. Price Targets: Keep an eye on the key Fib levels for potential support zones: 0.382 at around 230, and 0.618 at approximately 200. If the downtrend continues, watch for further support near 165.
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📈LONG: $DOT (1D) #DOTUSDT | #DOT | #Polkadot Market Cap $7.01B Analysis: Polkadot is currently forming a higher low, hinting at bullish continuation. With a 16-day advance and steady green action, the trend suggests normal price movement. This stability might mean we're in for further upward momentum, so keep an eye on this one! Price Targets: If the bullish trend holds, look to break initial resistance at $6.45. From there, aim for the next targets at $7.43, $8.43, and a potential high at $16.81. Monitor closely for any signs of retracement or pattern shift!
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📉SHORT: $BTC (1D) #BTCUSDT | #BTC | #Bitcoin Market Cap $2132.39B Analysis: Bitcoin's recent dip shows signs of a strong correction, possibly touching below $90,000. There's potential support near $80,000 or $82,000. It’s a crucial moment to decide if this is a major correction or just a retracement. Keep calm, revisit your strategy, and monitor trends. Price Targets: If the correction holds, look for a consolidation phase above $80,000. A break below could test $82,000 support. On the upside, breaking resistance could lead to levels above $90,000, but watch for confirmation signals before acting.
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📈LONG: $WLD (1D) #WLDUSDT | #WLD | #Worldcoin Market Cap $1.63B Analysis: WLD is currently in a correction phase but remains bullish within the rising blue channel. The $1 mark offers solid support in the green zone, giving traders confidence in a potential rebound. Keep an eye on the general trend indicators for more insights. Price Targets: Look for a bounce to initial targets at $1.37 and $1.44. If momentum strengthens, anticipate upward moves toward the $1.70 mark. Stay alert for any changes in volume or external market news that could impact these targets.
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