BTCUSDT key levels and potential path

3 thg 6, 2023

It seems that the resistance is quite strong making the price squeeze like a sandwich between the resistance and support zone. The momentum to break the resistance as of this moment is not enough, and it needs to gather more strenght by retracing up to the midpoint (dash line), but if the price cannot source its energy from that point, the price may possibly retrace back to the support zone. On one hand, if it is able to gather more buyers, then it may attempt to reach target 1.

/please DYOR/ trade at your own risk