BTCUSDT Strong Push back up to retest resistance
2025-01-24
Category: None

Hi Traders what do think about BTCUSDT given suggestion in comments.

BTC/USDT Price expecting a pullback after the price reaches 105K If you’re looking for a buying opportunity, you could consider waiting for a rejection near 102K as a potential entry point, provided the price shows signs of reversal around that level.

A few things to watch for on the 1H timeframe:

1. Price action around 102K: Look for the support at this level that suggests a reversal, like a hammer or bullish engulfing).

2.Resistance Zone if the price will up from 102K, that could indicate a strong push back up to retest resistance at 110K.

If the price breaks above 110K, you could look for higher targets, but a rejection at that level might lead to another pullback. Keep an eye on the price action as it approaches both 102K and 110K for clearer signals.

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