The daily chart of the pancake dropped from around 115650 yesterday to a low of around 110500, closing near 113450. The support level is near MA90; if it breaks, it can be expected to reach around MA120. A pullback can be used to go long in that area. The resistance level is near MA60; if it breaks, it could reach around MA14. A rebound in that area can be used to go short. The MACD shows an increase in bearish momentum. On the four-hour chart, the support level is near 112100; if it breaks, it can be expected to reach around 110000. A pullback can be used to go long in that area. The resistance level is near MA30; if it breaks, it could reach around MA360. A rebound in that area can be used to go short. The MACD shows an increase in bearish momentum, forming a death cross $BTC .
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