BTC/USDT Order Book Brief Summary:
Tight Squeeze: The price is currently squeezed between 76,400 (86 BTC Bid) and 76,600 (93 BTC Ask). The market is looking for direction.
Critical Levels: The main defense in case of a drop is at 75,000, while the major upside resistance is a massive wall at 80,000 (155 BTC).
Quick Scalping Strategy:
Support Bounce: If the price drops to 76,400 and the block order remains on the book, go long (buy) and place a tight stop-loss just below it (e.g., at 76,350).
Breakout: If the 93 BTC resistance wall at 76,600 starts getting aggressively absorbed by market buyers, follow the momentum and enter the trade on the breakout. #USCanadaTradeTalksCollapseCanadaVowsRetaliation #SandboxSANDSuspectedInfiniteMintFlawOnBase #BTC
Tight Squeeze: The price is currently squeezed between 76,400 (86 BTC Bid) and 76,600 (93 BTC Ask). The market is looking for direction.
Critical Levels: The main defense in case of a drop is at 75,000, while the major upside resistance is a massive wall at 80,000 (155 BTC).
Quick Scalping Strategy:
Support Bounce: If the price drops to 76,400 and the block order remains on the book, go long (buy) and place a tight stop-loss just below it (e.g., at 76,350).
Breakout: If the 93 BTC resistance wall at 76,600 starts getting aggressively absorbed by market buyers, follow the momentum and enter the trade on the breakout. #USCanadaTradeTalksCollapseCanadaVowsRetaliation #SandboxSANDSuspectedInfiniteMintFlawOnBase #BTC