#BinanceUpdatesProofofReservesAddresses
$BTC is showing a potential pullback-long setup after a modest recovery toward $78,000.
Buyers are attempting to hold the current price, but the $78,200–$78,500 area remains a key resistance zone. A controlled retracement toward support could offer a better entry than chasing the current move.
EP: $77,600–$77,800
TP1: $78,200
TP2: $78,600
TP3: $79,000
SL: $77,300
The $77,600 area is a potential short-term support zone, while liquidity may be resting above the recent $78,000 area. A sustained move below $77,300 would invalidate this long setup. Wait for buyers to defend the entry zone before considering a position.
#BTC #Bitcoin #CryptoTrading #GateSquare $BTC
$BTC is showing a potential pullback-long setup after a modest recovery toward $78,000.
Buyers are attempting to hold the current price, but the $78,200–$78,500 area remains a key resistance zone. A controlled retracement toward support could offer a better entry than chasing the current move.
EP: $77,600–$77,800
TP1: $78,200
TP2: $78,600
TP3: $79,000
SL: $77,300
The $77,600 area is a potential short-term support zone, while liquidity may be resting above the recent $78,000 area. A sustained move below $77,300 would invalidate this long setup. Wait for buyers to defend the entry zone before considering a position.
#BTC #Bitcoin #CryptoTrading #GateSquare $BTC