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🚨 What do resistance and support lines mean on the $BTC
chart?
☑️ The price is currently hovering around the 93,127$ area…
This is a clear resistance zone on the 1-hour timeframe; every time it touches it, it drops a bit and then tries again.
☑️ If it breaks through 93,127$ with a clear close → the way is open to 95,700$.
If it fails → it supports a retest of 90,785$ as a main demand zone.
☑️ The current movement is accumulation above support and below resistance…
It’s closer to a price breakout than just random movement.