Weekly Support & Resistance Zones for BTCUSDT on Binance (12/09)

BTCUSDT did not make much movement last week except on December 4. The pair was trading below the current 7375 support level between December 2 and December 4. BTCUSDT was trading back to the current support level and closed above it on December 5. The pair has been stalling since then and the 7375 support level is still holding up at the time of this writing. If the bullish momentum kicks in later, the target would be the current resistance level at 8275. However, if the bearish momentum takes over, the pair may be heading to the next support area at 6185.