This is one of the areas I'm personally watching closely.
📊 Area of Inest: 77402.7
🛑 Invdation Level: 76083.6
🎯Potential Reaction Area 1: 79444.6
🎯Potential Reaction Area 2: 82111.3🎯Potential Reaction Area 3: 84134.1
The reason this area caught my attention is because BTC appears to have made a fakeout below the median line of the parallel channel. At the same time, we have an nPOC and VWAP sitting in the same region, creating a strong confluence zone.
What makes this inesting is that price swept below the level but failed to continue lower, which can sometimes be a sign that liquidity has already been taken.
I personally would be looking for a reaction around 77402.7 and then monitor whether BTC can reclaim momentum toward the higher resistance levels.
For now, I simply find this area inesting from a technical perspective and will En myself but watch closely how price reacts there.
Cheers
#TraderCash 💰
Disclaimer:
Th
is contentis for educational and informational purposes only and is not financial advice. I am not a licensed financial advisor. Trading and crypto carry a high risk of loss, including total loss of capital. Always do your own research (DYOR) and consult a licensed professional before making financial decisions
