If we hold above this support zone, I'm eyeing a move toward 92.2k-93k. That's the next resistance cluster worth watching.
But here's the thing - lose that level and the bounce narrative falls apart. We'd likely see 90.2k to 89.8k come into play pretty quick.
My game plan? Watching for a liquidity sweep below current lows heading into the New York session. That could set up a decent bounce opportunity, though I'd be running tight stops on any position. Risk management matters more than being a hero.
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TokenVelocityTrauma
· 12-05 16:57
If the support level breaks again, there’s really nothing left to the story. You have to bet on a tight stop-loss this round.
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RugPullProphet
· 12-05 16:57
Keep a close eye on the 89.8 line; if it breaks, you really need to get out.
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SchroedingersFrontrun
· 12-05 16:54
It's time for chart commentary again. Is the 92k resistance level really that strong? It feels like it could break at any moment.
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AirdropHunterXiao
· 12-05 16:49
Oh no, if this wave of support can't hold, then 92.3 will be gone... I think there's no need to overcomplicate things, just see if the New York session can sweep some liquidity, and that's it.
BTC price action looking interesting here.
If we hold above this support zone, I'm eyeing a move toward 92.2k-93k. That's the next resistance cluster worth watching.
But here's the thing - lose that level and the bounce narrative falls apart. We'd likely see 90.2k to 89.8k come into play pretty quick.
My game plan? Watching for a liquidity sweep below current lows heading into the New York session. That could set up a decent bounce opportunity, though I'd be running tight stops on any position. Risk management matters more than being a hero.