We’re currently seeing price action testing a crucial support zone following a recent break of structure (BOS). The area marked in purple represents a significant demand zone, where buyers previously stepped in with strong momentum.
After sweeping the short-term liquidity (BSL), price is showing signs of a potential bullish reaction from the support area. If momentum builds, we could see a move towards the highlighted resistance zone around the 105,000 level.
**Key Zones:**
* **Support:** 98,500 – 100,500
* **Resistance:** 104,500 – 105,500
If the support holds and price structure aligns, a bullish continuation towards resistance could be on the table. Monitoring reaction and volume closely at these zones.
**This chart is for educational and idea-sharing purposes. Engage and share your thoughts below!**
After sweeping the short-term liquidity (BSL), price is showing signs of a potential bullish reaction from the support area. If momentum builds, we could see a move towards the highlighted resistance zone around the 105,000 level.
**Key Zones:**
* **Support:** 98,500 – 100,500
* **Resistance:** 104,500 – 105,500
If the support holds and price structure aligns, a bullish continuation towards resistance could be on the table. Monitoring reaction and volume closely at these zones.
**This chart is for educational and idea-sharing purposes. Engage and share your thoughts below!**
Dagangan aktif
BTCUSDT Update | Watching the Reaction at SupportPrice has pulled back into a key support zone after a recent structure shift. If buyers step in here, we may see a potential bounce toward the resistance area around 105K. Patience is key — waiting for confirmation before the next move.
Support holding = potential bullish continuation
Break below = reevaluation needed
Let’s see how the market reacts!
\#BTCUSDT #Crypto #PriceAction #ChartUpdate #TechnicalAnalysis
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.