$BTC , traders, this price action looks like a market trying to stabilize after a sharp rejection from the $80K–$80.4K area.
The latest candles are clustering around $79.4K, showing buyers attempting to slow the decline.
Momentum remains soft, with AO at -105.69, so confirmation matters before expecting a stronger recovery.
I’m watching whether this base can turn into a move back toward the upper range.
📌 Current Price: $79,426.95
📊 24H Change: -0.61%
▣ 24H High: $80,559.99
⌁ 24H Low: $79,001.10
◈ 24H Volume: 830.90M USDT
⟢ Entry Zone: $79,419.41 – $79,426.95
◇ TP1: $79,600
〽️ TP2: $80,000
⚡︎ TP3: $80,400
🛡️ Stop Loss: $79,001.10
The entry area sits around the current price cluster, where recent candles are trying to hold after the selloff. TP1 at $79,600 is the first nearby reaction area, while $80K becomes the next major psychological level. $80,400 is visible as another important upside area from the recent price structure.
Support: $79,001.10
Resistance: $79,600 / $80,000 / $80,400
Volume has stayed active, but the latest candles are relatively compressed compared with the earlier volatility. AO remains negative, meaning buyers still need stronger confirmation.
The $79,001.10 level is the key downside reference here. Losing it would weaken the recovery idea considerably.
My question for the next move: can buyers reclaim $79,600 first, or will sellers force another test of the daily low?
#BTC
The latest candles are clustering around $79.4K, showing buyers attempting to slow the decline.
Momentum remains soft, with AO at -105.69, so confirmation matters before expecting a stronger recovery.
I’m watching whether this base can turn into a move back toward the upper range.
📌 Current Price: $79,426.95
📊 24H Change: -0.61%
▣ 24H High: $80,559.99
⌁ 24H Low: $79,001.10
◈ 24H Volume: 830.90M USDT
⟢ Entry Zone: $79,419.41 – $79,426.95
◇ TP1: $79,600
〽️ TP2: $80,000
⚡︎ TP3: $80,400
🛡️ Stop Loss: $79,001.10
The entry area sits around the current price cluster, where recent candles are trying to hold after the selloff. TP1 at $79,600 is the first nearby reaction area, while $80K becomes the next major psychological level. $80,400 is visible as another important upside area from the recent price structure.
Support: $79,001.10
Resistance: $79,600 / $80,000 / $80,400
Volume has stayed active, but the latest candles are relatively compressed compared with the earlier volatility. AO remains negative, meaning buyers still need stronger confirmation.
The $79,001.10 level is the key downside reference here. Losing it would weaken the recovery idea considerably.
My question for the next move: can buyers reclaim $79,600 first, or will sellers force another test of the daily low?
#BTC
