#Word Of The Day Saturday 21 June 2025 4 Letter Words Curren | gravityahmed on Binance Square

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#Word Of The Day Saturday 21 June 20254 Letter Words Current theme:Traders League
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#Word of the Day Friday 11 July 2025 8 Letter Words CREATIVE

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#SECETFApproval 🔍 Key Points to Clarify: 1. SEC ETF Approval usually refers to the U.S. Securities and Exchange Commission approving Exchange-Traded Funds (ETFs), especially Bitcoin ETFs. 2. Binance is not a U.S.-regulated exchange, so it's not directly eligible to launch SEC-approved ETFs. --- ✅ What’s True: The SEC has approved spot Bitcoin ETFs for trading on U.S.-regulated exchanges (e.g., BlackRock, Fidelity, Grayscale), not Binance. These ETFs are typically traded on platforms like NASDAQ or NYSE, not on crypto exchanges like Binance. --- ❌ Binance & SEC ETF Approval: Binance has no ETF approved by the SEC. In fact, the SEC has filed lawsuits against Binance in the past for alleged securities law violations.

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$BNB Price: $662.21 (+0.24%) Timeframe: 15-minute Indicators: MA(7), MA(25), MA(99), RSI(6) --- 📊 Chart Analysis: 1. Price Action: Recent low at $659.05 followed by a solid bullish reversal. Current price is above all 3 moving averages, which indicates short-term bullish momentum. 2. Moving Averages: MA(7): 661.73 (Yellow) MA(25): 661.43 (Pink) MA(99): 660.87 (Purple) ✅ Bullish crossover has occurred: MA(7) > MA(25) > MA(99) → Strong short-term bullish signal 3. RSI (6): 67.13 RSI is approaching the overbought zone (>70). This suggests momentum is strong, but caution is advised for possible pullbacks. 4. Volume: Noticeable volume spike during the upward move. Indicates strong buying interest at the recent bottom (~$659). --- 🔁 Summary: Trend: 📈 Short-term Bullish Momentum: ✅ Strong (RSI near 70) Support: $659.05 / $660 Resistance: $664.55 (24h high) / $665+

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$SOL 15-minute timeframe. Here's a quick technical overview based on the chart: --- 📊 Price Data Current Price: $154.37 24h Change: +1.60% 24h High: $154.63 24h Low: $149.03 --- 📈 Indicators MA(7): 153.97 (yellow) – short-term support MA(25): 153.16 (pink) – bullish crossover already happened MA(99): 151.90 (purple) – trend support zone --- 🔍 Recent Candle Analysis Price recently hit a high of $154.63 and is now hovering slightly below. A small red candle suggests some short-term resistance or profit-taking at the top. --- 📈 RSI (Relative Strength Index) RSI(6): 82.34 – Overbought zone (>70), could imply a potential short-term pullback or consolidation. --- ✅ Short-Term Trend Momentum is clearly bullish, with higher highs and higher lows forming. Watch for potential resistance around $155, and support at $153 - $152

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#DayTradingStrategy A day trading strategy is a short-term trading method where traders buy and sell assets within the same day—sometimes within minutes or hours—to profit from small price movements. --- ✅ Key Characteristics of Day Trading: 1. Short-Term Focus Positions are opened and closed on the same day, avoiding overnight risk. 2. High Frequency Multiple trades per day, based on market volatility. 3. Uses Technical Analysis Traders rely on charts, indicators, and patterns—not fundamentals. 4. Leverage & Risk Management Often uses stop-losses, position sizing, and sometimes leverage.

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