BTC → it is in a Range
Updated
hello guys.
Range-Bound Market: Price is moving within a range, with resistance at $66,813.59 and support around $56,200-$54,650.
Upside and Downside Hunting: Failed breakout attempts suggest a potential liquidity grab; price may dip below the current range (downside hunting) before reversing.
Key Levels:
Resistance: $66,813.59
Support: $56,200 - $54,650
Outlook: Short-term bearish with a potential reversal from lower support zones. Watch for a breakout above the range.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
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Range-Bound Market: Price is moving within a range, with resistance at $66,813.59 and support around $56,200-$54,650.
Upside and Downside Hunting: Failed breakout attempts suggest a potential liquidity grab; price may dip below the current range (downside hunting) before reversing.
Key Levels:
Resistance: $66,813.59
Support: $56,200 - $54,650
Outlook: Short-term bearish with a potential reversal from lower support zones. Watch for a breakout above the range.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Note
it touched the 56K RESISTANCE level.
Trade closed: target reached
the short position target touched.
don't get any long position now until I'll get a confirmation.
Note
do you think has it been confirmed?
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