¡ Network upgrade and Binance support ¡ Expectations for Do Kwon's (December 11) court ruling ¡ Weekly destruction of 849 million tokens
â ď¸ The illusion of the "1 Dollar Dream":
¡ It is virtually impossible (requires a market cap of trillions of dollars) ¡ Requires continuous large-scale destruction and unrealistic investor confidence
đ Disclaimer: This article is for informational purposes only and does not constitute investment advice. Trading carries high risks.
Low market cap and mid market cap assets collectively surged, indicating a significant market shift:
¡ $LUNC : +69% ¡ $LUNA : +31% ¡ ACE: +22% ¡ DENT: +14% ¡ Other assets have also started moving.
Market signal: Smart money is rotating in advance to position for the next wave of upward momentum in the market.
Critical timing: The next 48-72 hours may be crucial.
Core message: This is not a typical market fluctuation. Missing this moment could mean missing the entire market cycle.
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(Note: This is a market analysis and does not constitute investment advice. Please conduct independent research). #LUNC #LUNA #ACE #DENT $LUNC |$LUNA | $ACE
Solana is currently moving within an ascending wedge, targeting a 50% retracement (aligning with Monday's high and FVG).
Sell Entry Plan:
1. First, wait for a downward break of the wedge. 2. Observe a retest to the broken level (or MSS). 3. Enter a sell when a clear bearish signal/rejection is confirmed during the retest.
Solana is trading in an ascending wedge, and a 50% target correction is expected (aligning with Monday's high and FVG).
Short Position Entry Plan:
1. First, wait for the wedge breakdown (downward deviation). 2. Observe the retest (breakdown level or MSS). 3. Enter the short position when a clear bearish/rejection signal appears during the retest.
Solana is currently trading in an ascending wedge, targeting a 50% retracement (aligning with Monday's high and fair value gap).
Short Entry Planďź
1. First, wait for the wedge to break down. 2. Observe the pullback testing the breakout level (or MSS level). 3. If the pullback clearly shows weakness/rejection, then enter short.
Solana is trading inside a descending rising wedge, with a target correction of 50% (aligning with Monday's high & FVG).
Short entry plan:
1. Wait for a break below the wedge first. 2. Watch for a retest of the breakdown level (or MSS). 3. Enter short if the retest shows clear weakness/rejection.
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