$BTC Rejecting from the previous support &resista

$BTC Rejecting from the previous support & resistance area.

Not something you want to see as a bull. Price saw a decent +15% relief rally but has lost steam again after a week already.

But having said that, it is early in the week/month and we do often see sharp moves straight from that new monthly candle. These often aren't the strongest highs/lows set straight at the start of a new month. So good to watch in the days ahead. (You guys also know I love my .786 fib retests so watching closely around this area).