The pancake daily line fell from a high of around 113600 to a low of around 109200 yesterday, closing at around 110050. The support level below is around 107250; if it breaks, we can look towards around 105500. A pullback can be used to enter a long position nearby. The resistance above is around MA90; if it breaks, we can look towards MA60. A rebound to the nearby area can be used to enter a short position. The MACD shows increasing bearish momentum. The four-hour support below is around 109250; if it breaks, we can look towards around 108200. A pullback can be used to enter a long position nearby. The resistance above is around MA14; if it breaks, we can look towards MA60. A rebound to the nearby area can be used to enter a short position. The MACD shows increasing bearish momentum $BTC .
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