Looking at BTC right now, it's sitting at $58,209, down 3.22% for the day. The price is dipping, and it’s pretty close to the 24h low of $58,021, which could be a critical support level.

On the 30-minute chart, BTC is trending below all the EMAs (7, 10, 14), and those are currently acting as resistance, with the EMAs around the $58,500 to $58,600 range. The price is clearly struggling to break above that zone, and it’s heading towards deeper support levels.

From the pivot points and standard deviations, you can see:

- Key resistance sits around $60,651 and higher, at $61,206 and $61,503, which means if BTC rebounds, it will have a tough climb breaking through those levels.

- On the downside, we’ve got support at $58,412, which BTC just fell through. Next up is $58,189, and if that breaks, the next solid support sits around $56,938.

Volume in the order book looks tilted toward buyers right now with about 63% buy-side activity, which might slow the drop, but the momentum is clearly bearish right now.

Overall, it looks like BTC might continue testing lower levels unless we see a strong bounce or some bullish news. I'd keep an eye on the $58,000 support line closely. If it breaks, we could be looking at the mid-$57,000s next.

#NeiroOnBinance #BinanceLaunchpoolHMSTR #btcdumping #Write2Earn!