At the start of the week, looking at the BTC chart around 82,740 USDT, My sees volume tightening up, with 3 points everyone should keep an eye on:
1️⃣ Strong support at 79,800 USDT: Price dipped below it 3 times and bounced back strongly each time.
2️⃣ RSI 14 has pulled back to 38.7: Close to oversold territory, so a technical rebound to retest the MA20 (83,350–84,100 USDT range) is quite possible.
3️⃣ Funding Rate at 0.01%: Leverage is clean, with no signs of FOMO buying at the top.
🎯 Scenarios for this week:
• Bullish: Hold above 82,000 USDT → Head straight for resistance at 83,500–84,100 USDT.
• Caution: If the daily candle closes below 79,800 USDT → Stay firmly on the sidelines and watch; the next level is 78,000 USDT.
Take it easy at the start of the week, everyone—don’t FOMO in before the candles give a clear signal! 🍃
Are you backing the Bulls 🐂 or the Bears 🐻 this week? Drop a comment and let My know!
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⚠️ This post is a personal journal, not investment advice. Please always manage your own capital (DYOR)!
$BTC #Write2Earn #BinanceSquare
1️⃣ Strong support at 79,800 USDT: Price dipped below it 3 times and bounced back strongly each time.
2️⃣ RSI 14 has pulled back to 38.7: Close to oversold territory, so a technical rebound to retest the MA20 (83,350–84,100 USDT range) is quite possible.
3️⃣ Funding Rate at 0.01%: Leverage is clean, with no signs of FOMO buying at the top.
🎯 Scenarios for this week:
• Bullish: Hold above 82,000 USDT → Head straight for resistance at 83,500–84,100 USDT.
• Caution: If the daily candle closes below 79,800 USDT → Stay firmly on the sidelines and watch; the next level is 78,000 USDT.
Take it easy at the start of the week, everyone—don’t FOMO in before the candles give a clear signal! 🍃
Are you backing the Bulls 🐂 or the Bears 🐻 this week? Drop a comment and let My know!
━━━━━━━━━━━━━━━━━━━━━━
⚠️ This post is a personal journal, not investment advice. Please always manage your own capital (DYOR)!
$BTC #Write2Earn #BinanceSquare