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!**
Trade active
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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If You Guys Like My Ideas Then Follow Me And Comments Me .
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I Will Sharing Personal Entries &How Trades.
All Of These For Free & I Will Not Take a Penny From Anyone .
So Please My Friends Trade On Your Own Risk
If You Guys Like My Ideas Then Follow Me And Comments Me .
All Of These For Free & I Will Not Take a Penny From Anyone .
So Please My Friends Trade On Your Own Risk
If You Guys Like My Ideas Then Follow Me And Comments Me .
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.