$BTC closed the daily candle back under the zone again, which could end up being a fakeout. It already retested the area, and the wick rejections show sellers stepped in. Price has slipped back into the range, and if conditions stay stable, a breakout could still be on the table.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC closed the daily candle back under the zone again, which could end up being a fakeout. It already retested the area, and the wick rejections show sellers stepped in. Price has slipped back into the range, and if conditions stay stable, a breakout could still be on the table.