Family, from the chart at the pancake level
Here are a few suggestions:
Head and Shoulders Bottom Pattern (Reversal Signal):
In the chart, we can see a small head and shoulders bottom pattern, and the neckline has been broken, indicating that the bulls have a slight advantage in the short term.
However, the price is currently facing resistance around 84,262 and has shown a pullback.
Key Resistance Level:
84,262 is the current main resistance level; it was previously a support level and has now turned into resistance.
We need to effectively break through this level for the price to continue to rise.
If we can break through and firmly stay above 84,262, the short-term target can be seen in the range of 86,000 - 88,000.
Key Support Level: The range of 81,500 - 82,000 is the most recent short-term support.
If it falls below this area, we might need to look for lower support at 80,000 - 79,500 USD.
Short-term Trading Suggestions: Aggressive Long: If BTC successfully breaks through 84,262 and stabilizes,
we can ride this momentum to go long, targeting 86,000 - 88,000.
Conservative Long: If it pulls back to the range of 81,500 - 82,000 without breaking down and shows a rebound signal, we can accumulate positions at a lower level.
Bearish Defense: If the price faces resistance at 84,262 and pulls back, there may be a short-term correction.
We can short in this area, setting the stop-loss above 85,000.
Target towards 82,000 - 81,500.
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