The market is showing early signs of recovery... but it's still under pressure near key resistance zones
$BTC $ETH $SOL #XRP #BNB
#DOGE #ADA! #SUI
Trading setup (intraday direction)
• Long entry: BTC above confirmation at 76.5k
• Short entry: rejection near the 76.5k - 77k zone
• Stop loss: tight below/above local structure
• Targets: up to 77.8k - 78.5k | down to 74.5k - 73.8k
The market is showing a slight bounce after hitting strong support zones, which is a natural reaction after a sharp decline. However, the overall structure still feels a bit weak, as most major coins like BTC, ETH, BNB, and SOL are trading below immediate resistance levels. This current move seems more like a short-term recovery or a dead cat bounce unless we get strong confirmation with volume and momentum above resistance.
To continue, BTC needs to regain stability above the 76.5k–77k area. If that happens, we might see a stronger push towards higher levels. But if the price gets rejected again from this zone, expect another step down, possibly visiting the 74k area or lower. For now, it's a decision zone for trading with confirmation, not emotions.