On this pullback, a test of the range low around $86,850 appears justified from a technical standpoint. The support level presents a logical entry zone for traders monitoring intraday movements. Current price action suggests this floor could attract fresh buying interest. Worth keeping an eye on whether buyers step in at this level or if further downside develops. The setup offers a clear risk-reward opportunity for those positioned accordingly.
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OffchainWinner
· 7h ago
Can this position really hold at 86850? It feels like it needs to be hit again.
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zkProofGremlin
· 7h ago
I am optimistic about the position at 86850 and waiting for the opportunity to buy the dip. The question is whether institutions will really catch a falling knife...
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LeverageAddict
· 7h ago
The 86850 level really needs to be held; otherwise, there won't be much support below, which is a bit nerve-wracking.
BTC/USD Technical Snapshot
On this pullback, a test of the range low around $86,850 appears justified from a technical standpoint. The support level presents a logical entry zone for traders monitoring intraday movements. Current price action suggests this floor could attract fresh buying interest. Worth keeping an eye on whether buyers step in at this level or if further downside develops. The setup offers a clear risk-reward opportunity for those positioned accordingly.