📊#BTC support and resistance?
🧠From a structural perspective, it's reasonable for us to encounter resistance and pull back near the resistance zone. However, the fact that it fell back before reaching the 90599 resistance level I'm watching indicates that the volatility reaction occurred ahead of schedule. If we continue to rise according to the current structure, then the resistance levels we should pay attention to are around 91888 and 94000.
➡️If we fail to continue the bullish momentum and instead retest the yellow support zone below (85400-87300), then this will be a worthwhile area to consider for going long.
⚠️This week is the FOMC meeting, so rapid fluctuations are reasonable. Please be sure to manage your risk.
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BTCUSDT
دائم
84,408.9
-5.34%