Testing the lower band – Will the support hold? 👀
Bitcoin shows a short-term pullback after hitting local resistance near 78193. Price has retraced down to test the lower Bollinger Band around the 77152 level, where buyers are attempting to stabilize the market.
If this immediate support area holds, we could see a bounce back toward the middle moving average or upper bands.
• Current Price: 77196.84
• Immediate Resistance to Watch: 77673.00
• Key Lower Support: 77152.65
Are you looking to buy this dip at the bottom band, or waiting for a clean breakout candle above 78k? Let me know your plan below! 👇$BTC
Bitcoin shows a short-term pullback after hitting local resistance near 78193. Price has retraced down to test the lower Bollinger Band around the 77152 level, where buyers are attempting to stabilize the market.
If this immediate support area holds, we could see a bounce back toward the middle moving average or upper bands.
• Current Price: 77196.84
• Immediate Resistance to Watch: 77673.00
• Key Lower Support: 77152.65
Are you looking to buy this dip at the bottom band, or waiting for a clean breakout candle above 78k? Let me know your plan below! 👇$BTC
