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Bitcoin(BTC/USD)–Key Support&ResistanceLevelWithinWedgeStructure

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Bitcoin is currently trading around $110,400, showing price action within a wedge pattern after multiple Breaks of Structure (BOS) and Change of Character (CHoCH) points.

🔹 Key Observations:

Price is respecting the upward trendline.

A wedge pattern is visible, signaling possible volatility ahead.

Resistance area: $118,000 – $120,000

Support zone: $100,000 – $102,000

Major support level: $90,000

📊 If BTC holds above the support zone, a retest toward the resistance area may follow. A failure below the support could open the way for deeper correction.

This analysis is based on chart structure and technical patterns only. Not financial advice. Always use proper risk management before entering trades
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Trade has been active ; Risk mange has properly

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