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SilverWolfBtc
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$IOTA The price has finally broken out above the accumulation zone. After multiple previous rejections, the price has flipped the resistance zone at $0.4211 into support. Before this surge, the price tested the support level at $0.1349 and held strong during several downward moves in 2022 and 2023. After surging rapidly, the price corrected itself and now appears to be approaching the resistance-turned-support level at $0.4211. If the price holds this level and successfully retests it, it would strongly confirm the breakout and signal the continuation of the bullish trend. The next area of resistance is around, $0.93- $0.97. #IOTA
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$NEAR If the price goes for a retest, it might drop to the support level near $6. The price is in an uptrend after gathering liquidity from the yearly open level, surging over 100% from that point. If it breaks this resistance level at $7.6, the next key area to watch is around $9. #NEAR🚀🚀🚀
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$QNT is breaking out downwards #QNT
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$QNT In a shorter time frame, price is ranging within a symmetrical triangle. A breakout on either side will determine the short-term move. Although the price is holding the lower trend line nicely and taking support from it, the support weakens each time the price touches it as liquidity is collected from it. #Qnt
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$W chart update: In a shorter time frame, W is creating a W pattern. The potential formation of W pattern, also known as a double bottom, is typically a bullish reversal signal, indicating that the price might break out upward if it successfully completes the pattern. The resistance zone around $0.0285 is the neckline resistance. If the price breaks above this level with strong volume, it would confirm the W pattern breakout. Additionally, the price recently flipped the 100-day moving average and is now holding above it nicely. #Wormholecoin
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