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Don't remind me again today

BitMine Immersion Technologies ($BMNR) looks like it's gearing up for a solid move. After bouncing off the $24.33 support zone, the chart's showing some promising action.



Eye on the prize: $53.63 — that's where the 618 Fibonacci level sits. Not a bad setup if momentum keeps building. For those tracking longer plays, there are extended targets mapped out at 1.6x mNAV hitting $4K and $5K zones.

Tech's holding. Momentum's shifting. Could be an interesting one to watch if mining infrastructure plays catch your interest.
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MetaverseLandlordvip
· 11-28 23:59
The mining infrastructure cycle is back again, but this time $BMNR is quite interesting, the rebound from 24 looks pretty good.
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SatoshiHeirvip
· 11-28 02:09
It should be pointed out that the narrative of the rebound at the $24.33 support level has obvious fallacies. Based on on-chain data, the cyclical characteristics of the mining infrastructure zone are often overly romanticized by the technical PI. The $53.63 Fibonacci target sounds beautiful, but according to White Paper logic, it is just a probability game. $4K and $5K extension targets? Let me say this — this has already deviated from the technical essence and is purely a gambler's mentality.
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TokenToastervip
· 11-27 05:55
Has the 24.33 support been broken? This is the key.
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AirdropChaservip
· 11-27 05:52
24 Rebound just wants to fly? I'm a bit tired of that trap in the fiber series.
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Ser_Liquidatedvip
· 11-27 05:50
It's that Fibonacci trap again, $53.63? I find it unlikely.
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Degen4Breakfastvip
· 11-27 05:39
The rebound over 24 is just nonsense, I wouldn't believe you.
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gas_fee_therapistvip
· 11-27 05:31
Oh my, is this going to da moon again? After a rebound to 24, they're starting to hype it to 53. Why do I feel like I've heard this trap a thousand times?
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