BTCUSDT Bitcoin is currently testing its critical resistance level
If the price gets rejected here, the key support to watch is the $๐๐๐,๐๐๐ - $๐๐๐,๐๐๐ zone. This area represents a strong demand level where a potential buying opportunity could emerge.
For a trade setup based on this support, a strategic Stop Loss (SL) should be placed below the $๐๐,๐๐๐ mark to manage risk.
For now, patience is crucial. Keep a close eye on the price action
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.