BTC is sitting right on its key support zone: $79,000 to $79,700.
Watch for a long wick candle here. A long lower wick at a support zone means price got shoved down hard intraday, but buyers stepped in and dragged it back up before the close. It's one of the clearest signs a support level is actually holding.
🗳️ What happens next?
A) Bounces hard off support
B) Chops sideways here
C) Breaks down toward $77K
Not financial advice. DYOR.
#$BTC #Binance #TechnicalAnalysis #PriceAction
Watch for a long wick candle here. A long lower wick at a support zone means price got shoved down hard intraday, but buyers stepped in and dragged it back up before the close. It's one of the clearest signs a support level is actually holding.
🗳️ What happens next?
A) Bounces hard off support
B) Chops sideways here
C) Breaks down toward $77K
Not financial advice. DYOR.
#$BTC #Binance #TechnicalAnalysis #PriceAction
