#LEO It's been a long time since I've seen a chart where the "bulls" are fighting so fiercely with the "bears." This battle is happening as the bulls attempt to break through the 6.20 level. If they succeed, another strong resistance awaits them at 8.30, corresponding to its ATH. For now, we need to keep a close eye on the 6.20 level and consider the support between 5.60 and 5.50.
It's also worth noting that many cryptos are testing and even surpassing their highs, which is a good sign for the future.
Watch the market sentiment as well. A very high level of confidence could mean less strength to break through these resistances. When many traders believe something will happen, often the opposite occurs.
Currently, the greed level stands at 74 out of 100, which means there's still strength to attack the resistances.
