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#solanAnalysis #SolanaUSTD The chart clearly illustrates a massive Double Top formation with primary resistance peaking near $260. Crucially, the long-term upward support trendline has been definitively broken. The current price action is hovering near the critical neckline support zone around $100 - $110. A confirmed weekly close below this neckline activates the full bearish pattern, setting a potential measured move target floor near $25.00. We must respect these macro structural signals#CryptoMarketAnalysis #WriteToEarnUpgrade
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#$TRUMP Big Economic / Policy Moves Trump unveiled a US$12 billion aid package to help American farmers hurt by his trade-war tariffs. The package gives $11B to row-crop farmers and $1B to specialty-crop growers, with payments expected by end-February. Reuters +2 ABC News +2
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Polkadot (DOT) Weekly Chart (1W) Technical Analysis Examining the Polkadot (DOT) weekly chart, we can see that the asset is at a highly critical and historic juncture. From the perspective of a technical analyst, let's detail this chart regarding market cycle, critical support/resistance levels, and trend structure. 1. General Market Structure and Cycle Analysis The chart clearly illustrates a classic "Boom and Bust" cycle. Full Cycle Reset: The price has returned to the exact starting point of the massive bull run that began in late 2020 (approximately $1.98). This means the price action of the last 5 years has been effectively erased, returning the market to "ground zero." Trend Outlook: The main structure is currently dominated by a Bear Market. The major ascending trendline (dashed line) was broken in early 2022, and the price has remained suppressed below this trend ever since. 2. Critical Price Levels The most significant technical zones on the chart are as follows: 🟢 Major Support: $1.98 - $2.00 Zone (The "Kiss of Life") This region is the "Make or Break" level for DOT. Historical Significance: This is where the historic rally of 2020 originated. Returning to this level suggests we may be at a point of total seller exhaustion (capitulation). Technical Expectation: A strong reaction/bounce from this level is technically highly probable. However, weekly closes below this level would drag the price into "price discovery" to the downside (unknown territory). 🔴 Major Resistance: $10.67 (Red Line) Marked as "$10" on the chart, this is the most critical resistance barrier. Price attempted to breach this level in 2022, 2023, and 2024, but was rejected every single time (as indicated by the red down arrows). It is technically impossible to speak of a new bull trend until this level is decisively reclaimed. #WriteToEarnUpgrade