💎💎Let's delve into the current market dynamics during late trading:💎💎
1️⃣ The transition from 73800 to 60800 at the 4-hour level is nearing completion, with the market now back above 70000. Previously noted as a short-term bottom, 60800 is poised to offer robust support.
2️⃣ However, short-term pressure persists around 71500. Should selling intensify, a retraction to 69800 to validate support is probable. Thus, monitoring for a potential turning point within the 69800-70000 range is prudent.
3️⃣ Upon effective support confirmation, a retest of approximately 72500 is anticipated. Post-4-hour adjustment, a challenge to previous highs looms. Therefore, the short-term outlook suggests an initial decline followed by a subsequent ascent.🪙
💰Stay vigilant and navigate wisely. Join us as a member of the informed community!✈️
