🔥 #Bitcoin in Perpetual Futures M-USD from #Binance shows bullish strength, but watch out for the signals! 🚀
- Supports: 84,000 - 85,900 (EMA200 and recent lows).
- Resistances: 87,777 (daily high) and 89,000 (psychological level).
- Volume: Accumulation in 1D suggests confidence, but low participation in 1H warns of possible corrections.
- Trend: Bullish, although the MACD in short time frames shows weakness.
📈 Scenarios: If BTC holds 86,500, the target is 89,000. If it falls below 85,900, check 84,000.
⚠️ Watch the EMAs and volume to confirm direction!
What strategy will you take? Let me know in the comments 👇
#Trading #Crypto
⚠️ WARNING:
This is a personal and subjective analysis, not advice, and under no circumstances should be taken as a signal to trade. Remember that the cryptocurrency market is very volatile and unpredictable, so trade with caution and at your own risk.
Do your own research!