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#Binance200M #BnbAth #TopCoinsJune2024 $BTC Based on the 4-hour chart for the given asset, it appears to be in a consolidation phase after a significant drop from a high of 71,997.02. Current support is around 68,977.12, with resistance at 69,882.44 (EMA25). The volume has decreased, indicating a potential pause in selling pressure. If the price holds above the support level and breaks above the EMA25 resistance, it may signal a bullish reversal. Traders should watch for volume spikes as confirmation of a breakout. Further downside risk exists if support fails, with the next major support at 67,577.65.

#Binance200M #BnbAth #TopCoinsJune2024 $BTC Based on the 4-hour chart for the given asset, it appears to be in a consolidation phase after a significant drop from a high of 71,997.02. Current support is around 68,977.12, with resistance at 69,882.44 (EMA25). The volume has decreased, indicating a potential pause in selling pressure. If the price holds above the support level and breaks above the EMA25 resistance, it may signal a bullish reversal. Traders should watch for volume spikes as confirmation of a breakout. Further downside risk exists if support fails, with the next major support at 67,577.65.

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