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Selling volume is higher than buying volume, so I am expecting a pullback before the next upward
move
.
Holding the short position.
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BTC
81,952.05
-3.42%
18
0
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💰 BTC might retest $85k-$86k Zone 200 Day EMA Support before pump.
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CZ has been promoting #Mubark, which got listed yesterday with three others. The expected pump move led to a price drop 📉 Adding now could see a pump by Eid Mubarak within week 🚀 Our Avg Entry : $0.12 - $0.11
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💰 BTC is trading around the 200-day EMA support. It might drop to $84.5K to fill the CME gap. If BTC holds above the gap after filling it, that would be a bullish sign or else more correction.
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JUST IN: 🇫🇷🇦🇪 $TON rises 20% after France grants Telegram founder Pavel Durov permission to return to Dubai following his arrest.
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IO analysis: The price has broken through the major support area and is currently in a continuous downtrend. There are no signs of strength at this time, so it's best to avoid new long entries. The price needs to reclaim the $1.00 level to gain some bullish momentum, and we will only consider new entries once it is above that level.
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