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NEO analysis:
The price has dropped to the support area and taken in the available liquidity. It has since bounced back from this level. Now, we need to see if it can break above the resistance area. If it successfully breaks above this resistance, we can expect an increase in upward momentum.
Support Area: $8.50-$9.00
Resistance Area: $11.50-$12.00
The price has dropped to the support area and taken in the available liquidity. It has since bounced back from this level. Now, we need to see if it can break above the resistance area. If it successfully breaks above this resistance, we can expect an increase in upward momentum.
Support Area: $8.50-$9.00
Resistance Area: $11.50-$12.00
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Retail Bitcoin trading in the Asia-Pacific region is outpacing growth in the US and EU, according to reports from Gemini and Glassnode. This surge is driven primarily by non-institutional investors, highlighting the regionβs increasing dominance in crypto adoption.
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