🪙💡How deep will Bitcoin fall? Or are we seeing a rebound?
I was able to close my short trade at 95500 with a profit. What happens next?
The current chart shows a rebound from the previous low at $95,500, but the movement remains below the important resistance at $96,200. Here is my analysis:
1. Resistance at 96,200 USD:
This zone is confirmed by several technical indicators (Supertrend, VPVR volume profile).
If this area is not overcome, the downward momentum remains intact.
2. MACD & RSI:
Although the MACD shows a flattening of negative momentum, there is no clear bullish trend reversal yet
View Original