BTCUSDT: Strong Buy Opportunity on Key Support Retest
2024-11-11

BTCUSDT is trading around 81,230 USDT, with bullish momentum showing signs of a potential pullback toward the support zone between 79,113 and 77,188 USDT (highlighted in blue). This area has consistently acted as a solid support and aligns well with the moving average, suggesting a favorable entry point for buyers.

A pullback to this zone presents an ideal buying opportunity, with the potential for BTCUSDT to bounce back strongly and push toward new highs above 82,000 USDT. The expectation is for BTC to maintain its bullish trend upon reaching this support, providing an attractive setup for long positions.