Volume spikes on down moves add to selling pressure.

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📉 BTCUSDT – 1H Chart Technical Outlook

🔍 Structure Insight:
Bitcoin is currently trading within a descending channel, forming lower highs and lower lows, indicating persistent bearish pressure. Price action appears compressed between key trendlines, hinting at an imminent breakout.
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🔻 Scenario 1: Bearish Breakdown (Primary Bias)

If BTC fails to hold above the lower boundary of the range, a decisive break below could trigger a sharp move toward the 103,650–103,000 demand zone. The structure supports continuation to the downside if the price rejects resistance again.

🧊 Bearish Confluence:

Price is unable to break above dynamic resistance.

Momentum remains weak near the mid-range.

Volume spikes on down moves add to selling pressure.
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🔼 Scenario 2: Bullish Breakout (Alternative View)

A breakout above the descending trendline and confirmation candle could flip bias short-term bullish. This would target the 105,400+ region as the next liquidity area.

⚡ Bullish Signs to Watch:

Break and retest above trendline resistance.

Bullish engulfing or breakout candle with volume.
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🔍 Key Levels to Monitor

Support: 103,650 / 103,000

Resistance: 105,000 / 105,400

Breakout Zones: Watch for clean breaks and retests outside the wedge pattern.
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📌 Conclusion:
BTC is coiling within a tightening range. The breakout direction will likely dictate the next short-term trend. Maintain flexibility — breakout confirmation is key before positioning.

🚨 Not financial advice — always DYOR before trading!

Penafian

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