The market is currently moving around $126,000, and it’s clear that there is a strong buying saturation area 😮💨 In short: prices are rising rapidly and a correction might be very close!
🔹 Current support and resistance areas:
🧱 Strong resistance: 126,800 – 127,500
💎 First support: 121,000 – 122,000
🦾 Second support (the strongest): 117,000 – 118,000
🎯 The closest scenario: Correction from current levels towards 121k – 118k then a new rebound 🔁 (If it breaks 127k firmly, then we might see 130k!)
💡 Advice: Wait for the correction, don’t enter any bot or new trades currently ✋ The area between 118k and 121k might be the best upcoming entry point 💰
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