📉 Key Technical Levels in Focus: Market at a Tipping Point
The price action is showing signs of indecision, with potential for both bullish recovery or bearish continuation:
📌 $83,500 resistance remains intact. A clean reclaim of this level could signal a range-bound market in the short term.
⚠️ Support between $78,000 and $76,000 is critical. A breakdown below this zone could trigger a bearish continuation.
🎭 We’ve seen multiple fakeouts and a shakeout pattern — clear signs of market manipulation to trap both bulls and bears.
📈 The recent volume surge during the V-shape recovery could confirm a genuine rebound — but follow-through is key.
🧠 Conclusion: This is a make-or-break zone. Better to wait for confirmation before jumping in — either a range play or a fresh downtrend is coming.
