Downward Channel
The price is moving within a falling wedge or downward parallel channel (marked in black).

This pattern is typically bullish when it occurs in a downtrend, indicating potential reversal soon.

🧱 Support and Resistance Levels
Major Resistance Zones:

$0.3053

$0.4402

$0.4620

These are likely to act as major sell zones if the price breaks out upwards.

Support Zone:

Around $0.18 and below (currently holding)

🧬 Moving Average (MA)
A blue 50-day MA is shown:

Price is below the MA, which is typically bearish.

However, price is now consolidating and attempting to move sideways or break above the MA, a good early signal of strength.

⚠️ Trend Summary
Current Trend: Downtrend, but weakening.

Pattern: Falling wedge forming, which often precedes an upward breakout.

Momentum: Slight bullish divergence may be developing (not confirmed without RSI or MACD).

🔮 Potential Scenarios
🟢 Bullish Case
Breakout of the falling wedge and move above $0.22 (resistance near 50 MA).

If confirmed, potential target zones:

$0.3053 (first target)

$0.4402 – $0.4620 (next targets)

🔴 Bearish Case
Failure to hold above $0.18 zone may lead to retest of $0.15 or lower.

Breakdown from the wedge could increase selling pressure.

📌 Conclusion
The chart is technically bearish, but signs of potential reversal are emerging due to the falling wedge formation. A breakout above $0.22 with volume could signal a trend reversal.

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$85k Broken & HOLD

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💁Binance has officially announced that all users in India (new and existing) must re-verify their KYC to comply with anti-money laundering (AML) regulations.

This step is mandatory to continue using the platform without interruptions.

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Be very cautious with extremely volatile coins with high funding fee. Only trade small amounts and cut your losses extremely fast before they can get disastrous.👍

Keep an eye here.

BTC seems Bullish for now.

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At resistance, if broken we will see 92k soon .

Target approaching

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Target hit successfully. Will update next target soon .

Next Target could be $99k but it will be very crucial, It will be a point when market sentiments will be changed completely but need to be extra cautious there. as this could bring the price to 50k also in long term.
so if you notice a strong reversal , get out of the market completely. and if 99k broken and hold and cheers we will see a new ATH later on.👍

📢Bitcoin has officially overtaken Amazon in market cap for the first time, becoming the 6th largest asset globally😍

#NEAR is still respecting the falling wedge structure. Eyes on the $2.45–$2.50 zone—if bulls take control and push above, confirmation comes next. Until then, it's just a watchlist play.

NFA, DYOR!
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❓Got any thoughts? Leave a comment 💬