$BTC USD here are the key support, resistance, and potential entry levels:
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Key Levels:
Resistance Levels:
1. 88,877 – This is the 24h high and a recent peak.
2. 88,329 – Local resistance after the recent surge; price pulled back from here.
Support Levels:
1. 87,657 – Price bounced here before heading up again.
2. 86,986 – A minor support level, tested multiple times.
3. 86,389 – The most recent swing low and 24h low; major short-term support.
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Entry Point Suggestions:
Conservative Long Entry: Around 86,986 – wait for confirmation like a bullish candle or bounce from support.
Aggressive Long Entry: 87,657 – if price confirms with a higher low or forms a bullish reversal.
Breakout Entry: Buy above 88,877 with volume confirmation for continuation.
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Moving Averages (MA) Observations:
MA(7): 88,139 – Price hovering around this; may act as dynamic support/resistance.
MA(25): 87,808 – Mid-term support, price is above this.
MA(99): 87,478 – Trend still bullish above this level.
