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AUCTION
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BTC
is a perfect buy now as it’s retesting historical support range on higher timeframe 👀
Get in now before takeoff 🛫
#btc
#market
#Price
#anaylsis
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AUCTION
11.68
-1.35%
BTC
96,338.83
-1.43%
13
0
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SUI is having difficulty breaking through the resistance area and has been rejected multiple times. It may be a good idea to take profits on your long position at this point and wait for a retracement before considering new entries. For risky traders, opening a short position at the resistance level could be an option, but it's essential to use a tight stop loss to manage risk. Support Area: $2.80-$2.90 Resistance Area: $3.53-$3.67
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Bitcoin has broken the rising wedge downward and is now trying to reclaim it. The price is holding the support area for now, but it appears that sellers may take control. Keep a tight stop loss on all open positions.
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NOT analysis: Price is trading within a downward channel and is now testing the resistance line. A long position should only be opened if the price breaks above the resistance line. A rejection from this point will likely push the price toward the support area. Support Area: $0.001950-$0.0020 Resistance Area: $0.002750-$0.0028
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BTC spot volume delta (7D SMA) has taken a sharp downturn over the past three days, signaling increasing selling pressure: 🔻Apr 27: -$30.9M 🔻Apr 28: -$76.1M 🔻Apr 29: -$193.4M This sustained negative trend suggests that aggressive sellers are currently dominating the market. The weakening spot demand could point to profit-taking, buyer exhaustion, or the early stages of a trend reversal. Caution is warranted as we approach key support zones.
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💰 BTC is hitting upper liquidation levels before heading towards $92K.
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