๐๐ BTC Trend Weakening, but Setup Favors Bulls ๐
On the hourly timeframe, the ADX (Average Directional Index) โ a key indicator of trend strength โ has dropped to its lowest level this month, signaling a cooling market momentum. ๐ง
๐ป The Signal Line has also slipped below the 20% zone, showing a lack of current strength from either side.
But hereโs the bullish twist... ๐
If bulls step in with increased aggression, there's a high probability the market could make a run toward retesting the all-time high (ATH).
๐ง Low ADX often precedes a strong breakout. Watch closely for volume spikes and bullish candlestick structures forming at key levels.