#BTC has been quite volatile recently. During last night's pullback, the price tested the blue line, which is a critical support level and also marks a previously left GAP area.
- Holding above the blue line is essential for maintaining the current structure.
- If it fails to hold, the next support zones are marked with green lines.
- If it holds, the first resistance level to be tested is the yellow line.
Such formations should be closely monitored, as their completion can significantly influence market direction.
ℹ This is a personal analysis. Not financial advice.
