The daily candlestick for the pancake rose from around 108500 yesterday to a high of around 110500, closing near 109500. The support level is around 107100; if it breaks below, it may drop to around MA60. A pullback can be used to enter a long position nearby. The resistance level is around 110600; if it breaks above, it may reach a new high. The MACD shows an increase in bullish momentum. The four-hour support level is around MA60; if it breaks below, it may drop to around MA90. A pullback can be used to enter a long position nearby. The MACD shows a decrease in bullish momentum and has signs of forming a death cross. $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.