teachnicalanalysis

BTC CRITICAL UPDATE: A DIP IS COMING? ⚠️

"Technical Analysis check! 🔍 BTC has been boringly hovering between $94,500 and $95,500 for the last few days. Look at the volume—it's drying up! 📉

In my experience, this usually leads to a quick 'liquidity hunt' or a correction before the next big move. I have already set my Limit Buy Order at $94,600 to catch the dip! 🎯

Don't chase the green candles at the top. Wait for the support test. 🛡️

Note: (This is not financial advice, do your own research)


What do you think? Will we see $94k tonight or a direct pump to $97k? Let me know in the comments! 👇

#BTC #BNBChainRewards #write2earn🌐💹 #BinanceSquare #TeachnicalAnalysis

HIGH analysis:

The price has been rejected from the resistance area multiple times. There is an uptrend line that serves as a support level. If the price breaks below this uptrend line, it would be considered bearish and could lead to a decline towards the $0.50 level. Currently, this is a no-trade zone, so it's best to wait for a clear breakout above the resistance area before considering new entries.

Resistance Area: $0.774-$0.822
$HIGH
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