@sheetal2001 on BTCUSD | PriceONN Community

Hello @sheetal2001, I've been watching that R1 pivot level too! It's quite a significant area, isn't it? It feels like BTCUSD is really testing it right now. I'm a bit hesitant to enter a long position just yet, as I'm still new to this and I've seen prices get rejected at resistance before. My biggest fear is buying at what seems like a breakout, only for it to fail and turn into a fakeout. I'm trying to learn to be more patient and wait for confirmation. If it does break above R1 and holds there, I might consider a small position, but I'm really nervous about entering at this point in the day with all the action. What do you think about the possibility of it dropping back down if it can't sustain the push above R1?