$BTC Slow and steady climb from 0.2709 → 0.4495 shows that bulls were in control for a while, but that wick to 0.4495 indicates a strong supply zone. That rejection is a reality check — buyers tried to push higher, but sellers dominated.

Now sitting around 0.4128, which is a natural retracement after a failed breakout.

2. Volume Context:

183M isn’t terrible, but it’s not showing aggressive follow-through. For a breakout to stick, you usually want volume rising alongside price, not tapering off. Right now, it’s more of a neutral signal.

3. Key Levels:

Resistance: 0.4500 – recent wick and previous highs line up. Tough to push through without strong buying.

Support: 0.4000–0.3800 – these are your short-term safety nets. A clear break below 0.4000 could accelerate a move back toward 0.3800.

4. Strategy:

Waiting for consolidation around 0.4128–0.4000 is smart.

If 0.4000 holds, a small, measured position could work, but risk management is key.

If 0.4000 breaks, cutting exposure is prudent — the next stop is 0.3800.

5. Mental Framework:

This is a grind, not a sprint. Momentum has slowed, so chasing a big move now is risky. Think base-building first, breakout later.

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