Just saw that transaction of over 1,100 BTC. Next, let's keep an eye on the 908 level.
If it breaks below, then 908 becomes the resistance on the hourly chart; if it bounces back and holds above, it turns into support again—this kind of support/resistance flip, the market will give the answer.
Currently, the oscillators haven’t signaled a short yet. But if you do want to open a short position, your stop loss should be set just above 908. Don’t be greedy for a few points, focus on protecting your capital first.
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GovernancePretender
· 5h ago
If 908 can't hold, it's time to reflect. Stop-loss should always come first—everyone who got greedy has been liquidated.
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SquidTeacher
· 5h ago
You really need to keep a close eye on the 908 level; support and resistance keep switching back and forth—it's so frustrating.
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WalletWhisperer
· 6h ago
nah 908's just another node in the pattern tbh... those whale clusters around that level are *interesting* though. if it flips to support, the behavioral indicators get juicy fr
Just saw that transaction of over 1,100 BTC. Next, let's keep an eye on the 908 level.
If it breaks below, then 908 becomes the resistance on the hourly chart; if it bounces back and holds above, it turns into support again—this kind of support/resistance flip, the market will give the answer.
Currently, the oscillators haven’t signaled a short yet. But if you do want to open a short position, your stop loss should be set just above 908. Don’t be greedy for a few points, focus on protecting your capital first.