Potential Next Move:
- #Bullish Scenario:
- The price is above all three EMAs (7, 25, 99), which is a bullish signal.
- If the price holds above $2,613 (EMA7) and breaks the 24h high of $2,649.91, it could target $2,700 or higher.
- #Bearish Scenario:
- A pullback could occur if the price fails to sustain above EMA7 ($2,613).
- Key support levels to watch are $2,594.50 and $2,571.91 (recent lows on Binance). A break below $2,571.91 might signal a deeper correction toward $2,500.
#Actionable Insight:
- Short-term Traders: Watch for a breakout above $2,650 for a bullish continuation or a drop below $2,610 for a potential pullback.
- #Long-term Holders: The uptrend remains intact as long as the price stays above EMA99 ($2,579.80).