đš $BTC Update: Bears Taking Charge! đš
The market has already exited the ascending phase đ and is now breaking a key simple support line đ with a strong, decisive bearish signal đŽ. The large red candle indicates sellers are dominating, and bulls arenât showing much interest at the moment.
Whatâs next?
Weâre waiting for the all-important confirmation â
â a retest of the broken support line (now acting as resistance). If this happens and the price rejects at the retest level, itâs game time! đŻ
đĄ The Plan:
1ïžâŁ Let the market retest the support.
2ïžâŁ Look for a rejection (like a red candle at the retest).
3ïžâŁ Boom! Enter the trade đ with confidence!
⥠Pro Tip: Watch the volumeâif it spikes during the retest and rejection, it confirms that bears are in control! đ
Letâs see how it plays out. đ§ Stay patient and stick to the plan! đ ïž
Disclaimer: This is not financial advice. Always do your own research before making any trading decisions.