🚨 BTC Price Analysis: Crucial Levels to Watch! 🚨
Bitcoin is showing signs of a bounce from the support levels. Let's dive into the key levels that traders should keep an eye on.
📉 Current Support Levels:
61,775 USDT: Critical support zone, holding the price from further decline.
60,979 USDT: Immediate support, providing a cushion for the current bounce.
59,185 USDT: Strong support, last line of defense before further drop.
📈 Resistance Levels to Break:
63,169 USDT: First significant resistance, needs to be breached for bullish momentum.
64,650 USDT (mVAL): Major resistance, crossing this could confirm a bullish trend.
🔍 Technical Indicators:
RSI: Showing a potential reversal, indicating oversold conditions.
📊 Stay updated with these levels for potential trading opportunities! Engage with us by tipping, commenting, sharing, or liking this post! 🚀