Looks like the global crypto market cap has found its local bottom. Exciting days might be just around the corner - can you feel the momentum building?
US500 Clearly move to down Trade wisely best 0f Luck Traders : Identify the resistance level that the market has recently been testing but failing to break above. If the price action is showing rejection or forming a bearish reversal pattern (like a double top, head and shoulders, or bearish engulfing), this could signal the breakdown you're anticipating. Target 5,600: This could be the next major support level or a prior consolidation zone. Target 5,510: This may be a lower support zone where price might find some demand or consolidate before continuing the downward move. You might also want to consider other technical indicators, such as moving averages (for trend confirmation), RSI or MACD (for momentum), and volume analysis, to confirm your bearish outlook. Remember like and comments for more analysis Thanks.
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