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𝗫𝗥𝗣 𝘁𝗼 $𝟰? 𝗦𝗼𝗹𝗮𝗻𝗮 𝗘𝘆𝗲𝘀 $𝟮𝟱𝟬 𝗮𝘀 𝗘𝗧𝗙 𝗛𝘆𝗽𝗲 𝗮𝗻𝗱 𝗟𝗲𝗴𝗮𝗹 𝗖𝗹𝗮𝗿𝗶𝘁𝘆
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💥 SEI Token is Breaking Records! | The Future of Fast Crypto is Here 🚀
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Bitcoin Price Alert Bitcoin (BTC/USDT) chart shown in your image (4H time frame from Binance), here's a technical analysis breakdown and potential next move: 📈 Price Action Overview: Current Price: ~$117,140 Recent High: $118,869.98 Last Candle: A red candle, indicating rejection or short-term pullback after a sharp rise. 24H Change: +5.25%, meaning it had a strong recent rally. 📊 Indicators & Signals: RSI (6) – 81.01 ✅ This is overbought (above 70), suggesting a possible correction or pullback. MACD: DIF > DEA and histogram rising, which still shows strong bullish momentum. However, MACD is already at a very high level, so momentum could slow. Bollinger Bands: Price touched/exceeded upper band, indicating it's stretched and may revert to the mean. Current mean is ~111,817 – a potential support level if it dips. Wm %R (-16.53): Also in overbought territory, aligning with RSI. Candle Pattern: Latest candle shows a long wick at the top, possibly forming a shooting star or rejection wick. This is often a bearish reversal signal after a strong rally. 📉 Conclusion: Should You Buy or Wait? 🔴 Recommendation: WAIT for a pullback. Reasons: Overbought indicators (RSI, %R). Strong resistance seen at ~$119k. A retracement to the $113k–$111k zone is likely before any next leg up. If you’re looking for a lower-risk entry, wait for price to test: Support levels: $113,696 / $111,817 / $107,941 🔍 Watch For: Bullish continuation if it consolidates above $117k with lower volume. Breakdown below $115k = potential short-term fall. Buy if it touches $111k–113k with strong volume support. $BTC #bitcoin #BTC
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🚀 BONK Is Bouncing Back! 📈
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