#breakoutorrejection
breakoutorrejection
14,080 views
12 Discussing
Hot
Latest
IS $BTC ABOUT TO BREAK $59K OR GET REJECTED AGAIN? ๐
That $59K resistance has been a brick wall for the past week. Sellers are stacking bids there, but the recovery bounce off the dip is gaining steam on the 1H chart โ volume just ticked higher as we approached the zone again.
Bulls need a clean daily close above $59,200 to confirm momentum. A rejection from here would likely send us back toward $55K support. The next 12 hours are crucial. Are you betting on a breakout or another rejection?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #BreakoutOrRejection #Crypto
๐ฅ
That $59K resistance has been a brick wall for the past week. Sellers are stacking bids there, but the recovery bounce off the dip is gaining steam on the 1H chart โ volume just ticked higher as we approached the zone again.
Bulls need a clean daily close above $59,200 to confirm momentum. A rejection from here would likely send us back toward $55K support. The next 12 hours are crucial. Are you betting on a breakout or another rejection?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #BreakoutOrRejection #Crypto
๐ฅ
Log in to explore more content