The daily chart for the pancake fell from a high of around 109750 to a low of around 107200 yesterday, closing at around 107950. The support level is near MA14; if it breaks, we can look to MA60. A pullback can be used to enter long positions nearby. The resistance level is around 109600; if it breaks, we can look to 110700. A rebound to the nearby area can be used to enter short positions. MACD bullish momentum is decreasing. The four-hour chart shows support near 106500; if it breaks, we can look to MA360. A pullback can be used to enter long positions nearby. The resistance level is near MA14; if it breaks, we can look to 109600. MACD bearish momentum is decreasing $BTC .