$BTC 💎 #IMXUSDT recently encountered a bounce at the resistance level of $1,818. This price point turned out to be a strong barrier, causing a temporary pullback. However, this bounce is not necessarily a signal of a bearish trend. Instead, the focus shifts to the support zone of $1,449, where we anticipate a possible reversal or continuation.

💎This level of $1,449 coincides with the Fibonacci retracement zone of 0.5, often referred to as the "golden pocket," an area historically known as a critical reversal point for price action. If the price stabilizes and consolidates around this level, it could trigger the next upward move. Many traders are closely monitoring this area, expecting it to become a launchpad for a rally.