-The 220 dollars has been a strong support zone since Jan 2021 -We can see multiple bullish rejections whenever the price returns to this level -Can we expect another strong bounce once the market starts to cool off? -There is a big chance provided BTC will remain stable in the coming days -For the bearish side, KP3R is rejected strong at the trendline resistance -Creating another swing lower high at 436 dollars -It is a long process to see the price gets above 400 dollars again -I recommend waiting for extra few days until the market commit -Trade responsible and do not risk more than you can't afford to lose
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