angela_altair

BTCUSDT is at 4h resistance now, may experience some struggle

MEXC:BTCUSDT.P   BTC / Tether PERPETUAL FUTURES
The price has bounced from 4h support 4HS1 and now it has headed towards 4h resistance 4HR1. The price is currently trading inside this resistance zone. The price will face some struggle here and some pullback may be expected. Some momentum is there and the price has moved to this resistance 4HR1 from the support 4HS1 quite quickly. And therefore, any short trade I am not taking. We will look for a trade opportunity based on how the price reacts to this resistance zone.

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