Hourly chart signals: the rebound following the downward trend is a false impression



Looking at the hourly chart now, the trading volume is quite low, and after a sharp drop in price, there was a slight rebound, but it has been staying close to the lower Bollinger Band. This kind of rebound is just a correction, and the trend is still downward, so don't expect a reversal.

Regarding resistance levels:
4370–4380 is the main resistance zone. 4350 is the key intraday resistance. 4330 is a minor short-term resistance level.

Support levels:
4260 is the critical short-term support, 4225 is a strong support, and it is also the next target level for the Kumo.

Strategy: look for opportunities to go long in the 4335–4345 range, with a stop loss at 4385, take profit first at 4300 and 4280, and $BTC finally at 4250.
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