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💎🎯 $MILK REVERSAL BASE: Targeting EMA(7) Breakout for Long Continuation [LONG] 📈 The MILK chart is confirming a potential base formation after a deep correction! The price has successfully defended the recent low of 0.01801 and is now consolidating just below the immediate resistance of the EMA(7) at 0.01899. This tight, coiled base, built off the support from the low, is setting up a high-probability LONG play for a strong reversal if the short-term resistance is decisively cleared. What the Chart is Telling Us: Low Defense: The move originates from a clear, defended base near the 24h low, indicating that sellers are exhausted and initial demand is stepping in. EMA Challenge: The price is battling the immediate resistance of the EMA(7). A decisive break and close above 0.01899 will signal the first bullish shift in momentum. MACD Turn: The MACD is negative (-0.00003), with the DIF line tightly converged and maintaining a slight bearish bias (DIF: -0.00120 vs DEA: -0.00117). A bullish cross above zero would confirm the reversal. Overhead Resistance: The next major challenge is the EMA(25) at 0.02055. My No-Bullshit Trading Thesis (LONG Bias): Entry Zone: Accumulate on the break above the EMA(7) or near the current consolidation, around $0.0187 - 0.0190. Critical Stop: Place your stop loss just below the recent low, around 0.01790. A break below this level suggests the base is failing. Targets: The first target is to clear the EMA(25) at 0.02055. A clean move above that line opens the path to the long-term EMA(99) at 0.02372 and a test of the previous swing high near 0.02665. 🎯 MILK has found its floor and is challenging the first resistance. Long the break above 0.019 and look for the pop to 0.0237! #BinanceBlockchainWeek #BTCVSGOLD Can MILK smash 0.024 on this bounce? Drop your prediction! 👇
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Checking out @Plume - RWA Chain ’s latest moves! Web3 and DeFi innovation is happening now. #Plume $PLUME 🚀 Ready for the future?
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Discover @Mitosis Official , bridging cross-chain liquidity and powering DeFi’s future with $MITO . #Mitosis 🌐🚀
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