š„ $BTC at a Crossroads: Breakout or Breakdown Imminent?
Market sentiment is mixed as we watch the current consolidation. Will key support levels hold, or are we in for more volatility? Traders are keeping an eye out for fresh market-moving news that could ignite the next significant move.
š Trading Outlook:
š Long Scenario: A clear and sustained break above the 107,800 resistance zone could signal bullish continuation. Consider leverage carefully if this level is decisively breached.
š Short Scenario: If sellers push the price below the 104,500 support, a deeper retracement could be on the cards. Manage risk accordingly.
Remember, this is not financial advice (NFA). Always do your own research (DYOR).
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