1H chart, $BTC: price 81,565, resistance 81,980, 0.51% apart. That is less than one 1H ATR, so a test could come within a candle or two.
The current 1H candle is on pace for 1.8x its 20-period volume, so breaks on real volume hold more often than quiet ones. 81,980 has capped eleven of the last 20 1H candles.
What I want to see: a 1H close above 81,980, ideally on above-average volume. Back under 79,800 and the setup is gone.
This is roughly in step with $BNB (-0.77%), and $XLM (-0.76%) is the most similar move among liquid pairs.
The current 1H candle is on pace for 1.8x its 20-period volume, so breaks on real volume hold more often than quiet ones. 81,980 has capped eleven of the last 20 1H candles.
What I want to see: a 1H close above 81,980, ideally on above-average volume. Back under 79,800 and the setup is gone.
This is roughly in step with $BNB (-0.77%), and $XLM (-0.76%) is the most similar move among liquid pairs.