Support Levels:
1. $84,964 – A strong support zone where price previously bounced.
2. $78,216 – A lower support, acting as a strong demand zone.
Resistance Levels:
1. $92,780 – The most recent high, acting as resistance.
2. $94,967 – A higher resistance where price previously reversed.
Trade Decision:
Long Position (Buy): If BTC breaks and sustains above $92,780, it could move towards $94,967 or higher.
Short Position (Sell): If BTC faces rejection at $92,780 and starts falling, a short trade could target $88,000 or $84,964.
Currently, BTC is near $91,211, so the next move depends on whether it breaks $92,780 or gets rejected. Watch for volume and price action confirmation.
