Bitcoin Bulls Regain Control After Trendline Rebound, Aim 81,2K
the current $BTC USDT (1H) chart structure. Bitcoin previously traded within a range. After finding support near the ascending trendline, price reversed, confirming renewed buying momentum. Currently, BTCUSDT is trading above the 79,200 buyer zone, while approaching the 81,200 seller zone. The market is also respecting the ascending support line, and a recent bounce from this area indicates that buyers remain in control. As long as...
$ADA USD remains under bearish pressure below 2740 resistance
The $ADA USD pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a sideways consolidation, potentially setting up for another move lower if resistance holds.
Key Level: 2,740
This zone, previously a consolidation area, now acts as a significant resistance level.
A failed test and rejection at 2,740 would likely resume the bearish momentum.
Downside targets include:
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