Approaching Resistance

Trends are mixed. Price bounced off of $25K support and reached $28K resistance, which is also 200-day moving average. That’s a stiff resistance area where price got rejected in September as well. We wait for price to either 1) break above that resistance ($28K), which could signal uptrend resumption, with upside to $30K, or 2) pull back near $25K support for another swing entry.