BTCUSD some range and rise is needed after that huge dump

We are near one of major support that we talked about it on daily charts that targets reached:

and we may have some range or rise here on this area too I know market is strongly bearish now and can break this local support that mentioned on chart but lets take short-term analysis after while .

we have rise from 47500 and best entry point for long now are 0.5% and 0.6% Of Fibonacci that are :
0.5% = 48600$
0.61% = 47800$

market can gain strength if touch these supports and continue to rise (0.5 already touched).

else we may have some more shorts and continuation of falling .

DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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after these targets we are looking for some range and rise :

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