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Shaheen 69
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$CAKE/USDT – Short-Term Reversal Setup 🍰📉➡️📈 CAKE has seen a sharp pullback and is now testing a key demand zone around $2.00–2.05. Price wicked into $2.01 support and showed a small bounce, suggesting sellers may be exhausting. While MAs are still above price (bearish pressure), this zone has historically acted as a reaction area. A relief bounce is possible if BTC stays stable. Entry Zone: 2.02 – 2.06 TP1: 2.21 TP2: 2.34 TP3: 2.46 SL: 1.95 Not a financial advice.
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BITCOIN: REJECTION OR REVERSAL? ⚖️ Bitcoin is trapped at a critical decision point. Price is pinned between two powerful forces, and volatility is quietly building. The EMA ribbon overhead continues to act as brutal resistance, rejecting every attempt to push higher. On the downside, the $87,700 zone is holding as a key structural support and must be defended to keep the bullish case alive. Two clear scenarios are on the table: Scenario 1: A clean breakout above the EMA ribbon opens the door for a momentum expansion toward $100K+. Scenario 2: Loss of $87,700 triggers a sharp move down toward the $80K region. This is the moment of truth for Bitcoin. One decisive move here will define the next major trend. Stay alert. 📈📉 #MarketPullback #BinanceSquare $BNB
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