| Level | Price | From price | Role |
|---|---|---|---|
| Resistance | 0.2796 | +10.8% | sr, read edge |
| Fib retracement | 0.2698 | +6.9% | fib, read edge |
| Prior month high | 0.2654 | +5.2% | calendar, sr |
| Resistance | 0.2564 | +1.6% | sr, swing |
| 2-TF resistance | 0.2541 | +0.7% | confluent, order block |
| 2-TF support | 0.2490 | -1.3% | confluent, calendar |
| 2-TF support | 0.2467 | -2.2% | confluent, calendar |
| Order block | 0.2412 | -4.4% | order block, sr |
| Support | 0.2324 | -7.9% | sr, plan leg |
There is no committed direction here — the market is trending and the evidence has not resolved. Bitcoin's daily chart is ranging — range edges have held more often than they have broken. What argues for higher: the uptrend is intact — this is a pullback inside higher highs and higher lows, and price made a lower low but selling volume did not (bullish OBV divergence) — the dip is being bought. What argues for lower: momentum is turning down (MACD bearish). The stronger case is higher: the trend and the volume divergence outweigh a minor signal — but not by enough to settle it yet, so the levels decide. New longs are coming in as price rises while price is drifting up toward the ceiling at 0.25 — longs this close to a ceiling are either early to a breakout or fuel for a flush, and the ceiling decides which. So the uptrend is the frame: 0.24 holding keeps it intact, a close back above 0.25 restarts it, and a close below 0.24 breaks it.
The ceiling is 0.25 (2-TF resistance) — until price closes and holds above it, rallies keep running into the same sellers. Overhead is a band, not a line — 0.25 (Resistance) sits just above the ceiling 0.25, so a clean upside resolution has to clear the group. 0.24 (2-TF support) holds the downside; it is the level that has to break for the bear case to work. Beyond the box, the next levels are 0.26 (Fib retracement) above and 0.24 (Order block) below.
This path is 57% and it starts with a close and hold above 0.25. That opens 0.26 (Fib retracement) then 0.27 (Resistance). It fails on a close and hold below 0.24.
At 40%, this needs a close and hold below 0.24. That opens 0.24 (Order block) then 0.22 (Support). It fails on a close and hold above 0.25.
At 3%, price keeps rejecting both edges of 0.24–0.25 and the range holds.
A close above 0.25 that holds, with open interest still rising, means the longs were right and the move continues up. A poke above 0.25 that closes back below it traps those longs — that is the flush case, back toward 0.24. The way to get this wrong: buying into 0.25 after the crowd already has — wait for the close above it, or for the poke that fails.
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