BTC is currently trading near a key range after a sharp move. Price is still below the Supertrend, and the structure suggests no clear trend confirmation yet.
At the moment:
Buyers are trying to defend the lower range
Sellers are still active on rallies
Market looks range-bound and indecisive
⚠️ Note: Higher volatility is expected as traders remain cautious ahead of a possible upcoming macro/FED-related event. Sharp moves on either side are possible, so risk management is important.
PIPPIN is currently trading near recent lows after a sharp sell-off. At this stage, there is no clear confirmation whether buying interest is stepping in or selling pressure is still dominant.
Observations: • Price is below short-term resistance • Volume doesn’t show strong accumulation yet • Market looks indecisive after the drop
Waiting for confirmation: 🔹 Strong buyer reaction from support 🔹 Or continuation of selling pressure
Bitcoin is currently trading below the daily Supertrend, indicating a broader bearish structure. Price is consolidating in a tight range after a strong drop, suggesting indecision at current levels.
Key levels to watch: • Support zone: Around 80,600 • Resistance zone: Near the Supertrend area
👀 Are you expecting: • A breakdown continuation • A range-bound consolidation • Or a potential trend reversal?