🚨 WARNING: BITCOIN SUNDAY PUMP Or TRAP?
If you are among those thinking of taking a long entry right now after seeing this Sunday pump without major volume 📉, my advice is to hold on and be careful.
Currently, Bitcoin is approaching a key hourly horizontal resistance zone. What if this pump turns out to be a trap, gets rejected from here, and triggers a correction 🔻?
So, it is better to wait for a breakout above this resistance zone followed by a successful retest before going long. Otherwise, considering the liquidity, long positions look risky right now ⚠️!
This is just my personal analysis, so DYOR 👍
$BTC
If you are among those thinking of taking a long entry right now after seeing this Sunday pump without major volume 📉, my advice is to hold on and be careful.
Currently, Bitcoin is approaching a key hourly horizontal resistance zone. What if this pump turns out to be a trap, gets rejected from here, and triggers a correction 🔻?
So, it is better to wait for a breakout above this resistance zone followed by a successful retest before going long. Otherwise, considering the liquidity, long positions look risky right now ⚠️!
This is just my personal analysis, so DYOR 👍
$BTC
