Tai Bai
Tai Bai|Oct 16, 2026 03:49
BTC 1H The 82,600 resistance level mentioned yesterday has been reached, and there’s a small rejection. The downward trendline hasn’t been broken yet, so we’ll continue to view this as consolidation until a breakout happens. Broke the previous low at 80,100, triggered stop-losses, and immediately pulled back in a V-shape. This is a classic move within a consolidation range. Support below is first at 80,300, and further down at 79,000. For the upside, only a strong move above 82,600 with volume and a breakout of the trendline would signal strength. --- Join the Discord (0xTaiBai.com)
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