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WaleedSahibzada
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Bullish
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$BTC
on the path to $111k 🚀
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SAND analysis: Price is currently testing the support area; a break below this level would indicate a bearish trend. A candle closing below this point will likely lead to more downward movement. You may consider opening a long position, but with a tight stop-loss. Support Area: $0.2510-$0.2560
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MARKET UPDATE: 6–12 Month Holders Realize $904M in Profits On June 16, data reveals that 6–12 month holders locked in $904 million in profits — the largest daily profit-taking by this cohort in months. Key Insight: 83% of all realized gains are now driven by newer investors, a classic signal of late-stage bull market distribution. This shift suggests seasoned holders are offloading into strength, while newer participants fuel the current leg of the rally. Time to stay sharp — distribution phases often precede sharp volatility.
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VIP MARKET UPDATE: $XRP ➖➖➖➖➖➖➖ $XRP saw a strong upward move following the breakout of the ascending triangle. However, it is currently facing horizontal resistance. If it continues to trade below this level, a potential downward move cannot be ruled out. ➖➖➖➖➖➖➖
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$STRK analysis: Price is testing the support area and forming a double bottom pattern. You can accumulate some shares at this support area. We may see a bounce towards the resistance area in the coming days. Support Area: $0.1080-$0.1170 Resistance Area: $0.1500-$0.1550
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🚨 ETH 4H Update 🚨 ETH rejected at $2879 — momentum slowing 👀 🔻 Support: $2750 / $2640 🔺 Resistance: $2830 / $2879 MA(7) curling down = short-term weakness⚠️ Holding $2750 = bounce possible. Lose $2640? Eyes on $2590 next! 🔍 #ETH #Crypto #Ethereum #TradingView
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