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The price is now fluctuating near resistance and the intermediate support area around 80,000, and the reaction here will be key for the next directional move.
Key Levels:
⏺Key Resistance: 82,500
⏺Intermediate Support: 80,000
⏺Key Support: 78,000
📈 Bullish Scenario:
If the price can hold above 80,000 and bullish momentum remains in place, the move higher may extend toward the 82,500 supply zone.
📉 Bearish Scenario:
If the price fails to stay above 80,000 and this support gives way, a corrective pullback toward the demand area around 78,000 becomes likely.
#GateSquareMayTradingShare
#BTCPullback
Key Levels:
⏺Key Resistance: 82,500
⏺Intermediate Support: 80,000
⏺Key Support: 78,000
📈 Bullish Scenario:
If the price can hold above 80,000 and bullish momentum remains in place, the move higher may extend toward the 82,500 supply zone.
📉 Bearish Scenario:
If the price fails to stay above 80,000 and this support gives way, a corrective pullback toward the demand area around 78,000 becomes likely.
#GateSquareMayTradingShare
#BTCPullback