BTCUSDT: Pullback Toward Demand Zone
Hi!
Bitcoin is showing short-term weakness after failing to hold above the recent high. Price is currently trading below the local resistance area, suggesting a corrective pullback rather than continuation.
The highlighted demand zone around 90.4K90.9K is a key area to watch. This level previously acted as resistance and was later flipped into support.
Key Levels:
Resistance: 93.1K94.4K
Demand / Support: 90.4K90.9K
Downside Target:
90,500 (primary demand zone)
As long as price remains below resistance, a deeper retracement into demand is likely. Reaction at support will determine the next directional move.