Will we see a SHORT SQUEEZE toward $80,000, or will the bears stop the attempt?
Current support zones
The pivot range between $77,000 and $77,020 represents the first line of defense for maintaining rebound momentum, while the low at $75,627 remains the key structural support.
Target and resistance levels
A genuine breakout and hold above the resistance band and seller liquidity extending from $78,190 to $78,500 (associated with the 200 MA) is the key condition for targeting the next higher levels at $79,533 and above, by triggering upper liquidation waves (Short Squeeze).
#BTC #BinanceSquareTalks #Bitcoin #Binance #BTCUSDT $BTC
Current support zones
The pivot range between $77,000 and $77,020 represents the first line of defense for maintaining rebound momentum, while the low at $75,627 remains the key structural support.
Target and resistance levels
A genuine breakout and hold above the resistance band and seller liquidity extending from $78,190 to $78,500 (associated with the 200 MA) is the key condition for targeting the next higher levels at $79,533 and above, by triggering upper liquidation waves (Short Squeeze).
#BTC #BinanceSquareTalks #Bitcoin #Binance #BTCUSDT $BTC
