$BTC AT 58K – THE FINAL SUPPORT BEFORE THE NEXT MOVE 📉
This level has been tested twice in the past 48 hours and the bid is still holding. 58K is the same zone that flipped resistance into support back in early May. Watching for a reclaim above 59.5K for confirmation, but a breakdown below 57.2K would shift the structure.
Volume is drying up on the hourly, which often precedes a squeeze one way or another. Are you holding with the gang or waiting to see which way this breaks?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #SupportLevel #Crypto
💎
This level has been tested twice in the past 48 hours and the bid is still holding. 58K is the same zone that flipped resistance into support back in early May. Watching for a reclaim above 59.5K for confirmation, but a breakdown below 57.2K would shift the structure.
Volume is drying up on the hourly, which often precedes a squeeze one way or another. Are you holding with the gang or waiting to see which way this breaks?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #SupportLevel #Crypto
💎