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DEEP Rebounds from Channel Lows

Written By: ChartChamp

November 15, 2024

I think DEEP is starting to make a recovery after the airdrops sparking a selloff. The SUI team likely received a lot of money from the airdrops, and I think they’ll want to send the price higher to sell. I see a great window for Binance to list DEEP, which could help to spark a strong rally. CETUS had a very impressive rally after Binance listing, I think we can see a DEEP listing before the end of 2024. I’m hoping we get a listing within the next few days before a correction headed into Thanksgiving week.

The bottom of this trading range has held as support, and DEEP has formed a 20%+ rebound for the day. I still think there will be upside over the next few days, and I’m keeping my eyes and ears out for a Binance listing announcement. I think DEEP can rally back to all time highs or new highs in about 4-5 days.

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