Cipher Mining (CIFR) โ€“ Accumulation Opportunity (1D Chart)

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Cipher Mining is bouncing from a well-defined historical demand zone (1.70-2.30) โ€” a level that has consistently marked the start of powerful upside cycles.

๐Ÿ“ˆ Technical Highlights:
โœ… Major demand zone tested and respected โ€” clear accumulation area
โœ… MACD bullish crossover and histogram turning green
โœ… RSI reversal from deep oversold โ€” momentum shifting early
โœ… Strong historical pattern: Each prior touch of this zone led to +100% moves

๐Ÿ“ˆ Targets for Partial Profit-Taking:
โœ”๏ธ TP1: $4.21
โœ”๏ธ TP2: $5.29
โœ”๏ธ TP3: $7.76+ (matches analyst avg. target of ~$7.84)
No hard stop โ€” this is a mid- to long-term investment setup

๐Ÿง  Investor Context:

โœ…Analysts maintain a Strong Buy rating (avg PT: ~$8)
โœ…Cipher turned profitable in Q4 2024 and is expanding rapidly
โœ…Black Pearl (150MW) site goes live in Q2 โ†’ +70% hashrate growth
โœ…High exposure to Bitcoin upside, plus future HPC potential
โœ…Ideal setup for those building exposure to crypto infrastructure at cycle lows

๐Ÿ“Œ Note: Not a short-term trade. This is a high-conviction equity idea built on technical structure and strong fundamentals. Treat it as a long-hold with scaling opportunities.

Weโ€™ll provide updates on earnings, expansion news, and macro signals as this plays out. ๐Ÿ”’๐Ÿ“Š

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