Between now and the end of May, the asset is likely to remain volatile within a narrow range. After a sharp drop around May 13, the price has struggled to regain upward momentum and is currently hovering around 103.4K USD. The chart shows signs of indecision, with alternating bullish and bearish candles.
Three scenarios may play out:
Bearish continuation (50%): Price could fall to the 101.5K–102K USD support zone if market sentiment remains weak.
Sideways consolidation (35%): The asset may range between 103K–104.5K USD as it builds strength or waits for a catalyst.
Bullish breakout (15%): A move above 104.8K could push the price toward 106K USD, but only if backed by strong volume or positive news.
If the price breaks below 103K, and consider short-term trades within the range unless a clear trend emerges.
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