#BTC Key Support/Resistance

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#BTC Key Support/ResistanceBTCUSDTPERP PERPETUAL MIX CONTRACTBITGET:BTCUSDT.Pwolf_king888📊#BTC Key Support/Resistance👀 🧠From a structural perspective, an M - head has appeared here. And the daily candlestick closed with a large negative line, which is a very pessimistic chart pattern. ➡️ Therefore, the downside risk has not yet been eliminated. However, we are currently in an overlapping support zone. If we want to enter new short positions, we need to wait for the price to rebound to the resistance level before looking for shorting signals. The nearby resistance level is around 70,000, and the next one lies in the S/R zone of 71,700. ➡️From a model perspective, we are still moving within the ascending wedge. If we fall further, I think the lower edge of the ascending wedge will hardly hold this decline. Instead, the support zone between $65,000 and $66,000 is more worthy of our attention. 🤜If you like my analysis, please like💖 and share💬 BTCUSDT.P