Weekly Support & Resistance Zones for BTCUSDT on Binance (12/30)

BTCUSDT was trading under the 7375 support level and failed to close above it on December 23. The 7375 support area has turned into a resistance level again. The pair was trading below the resistance area for 5 more days and finally close above it on December 29. The 7375 resistance area then, has now become a support area once again. BTCUSDT is now struggling to maintain its position above the 7375 support area. If it's able to close above the support level again this time, it may be heading to the minor resistance level at 7750.