BTCUSDT new supports and resistances formed here

The black zone on the chart now is the major support based on Fibonacci levels.

if this support remains valid we can expect more rise and pump here like the green arrows on the chart but the price below this support is a sign of weakness and then the bearish market can lead once again.

major resistance now is 46K$ resistance zone that was the previous daily low and only after a valid breakout to the upside we can expect more pump here.

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