📊#BTC Downside Risk Not Over⚠️
🧠 From a structural perspective, 64,500-65,000 is a strong resistance zone. If the market price retests this resistance zone, we should prioritize shorting based on the pressure. Currently, conditions for going long are not favorable unless the market price breaks through the inflection point near $65,500. We should be wary of a deeper pullback!
➡️If the market pulls back further, the next support level to watch will be near the yellow uptrend line, around $62,888. If this support is quickly broken, the next key support level to watch will be around $60,600.
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BTCUSDT.P
🧠 From a structural perspective, 64,500-65,000 is a strong resistance zone. If the market price retests this resistance zone, we should prioritize shorting based on the pressure. Currently, conditions for going long are not favorable unless the market price breaks through the inflection point near $65,500. We should be wary of a deeper pullback!
➡️If the market pulls back further, the next support level to watch will be near the yellow uptrend line, around $62,888. If this support is quickly broken, the next key support level to watch will be around $60,600.
🤜Follow me to stay updated on market changes. Remember to like💖 and share💬
BTCUSDT.P Transaction en cours
#BTC Update
Although we found support in the yellow support zone, bearish forces still dominate, and the 64100-64600 range remains a strong resistance level.
Until we gain liquidity around 62000 or 60600, we cannot be too optimistic about a bullish outlook.
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💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.