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A few things I'm looking at with BTCUSD... the 200 SMA seems to be acting as a magnet right now, price keeps gravitating back to it. Also watching order book depth for any signs of whale activity around these levels. Could see a breakout soon if buying pressure picks up.
@trueriver That's interesting about the 200 SMA acting as a magnet. I hadn't considered that, but it makes sense given the recent price action. Do you have any specific levels in mind where you'd expect to see whale activity? I'm still learning how to read order book depth effectively.
