Strong support confirmed above $80โ82K. Market structure points to $95K next โ but donโt ignore what happens after.
Analysis:
๐น Holding above $80โ82K = major support (50% monthly FVG + yearly VAH)
๐น Next upside magnet: $95K โ likely first-touch rejection
๐น Break and hold above $100K = bullish breakout, invalidating bear scenarios
๐น Rejection at $95K โ potential drop to $60โ68K zone (monthly demand)
๐ Plan:
April/May rally toward $95K? Possible
Watch reaction at $95โ100K โ key zone
If we break $100K with conviction: add to longs
If rejected: prepare for downside, not panic โ risk management > bias
๐ก This isnโt bearish. Itโs scenario planning.
Analysis:
๐น Holding above $80โ82K = major support (50% monthly FVG + yearly VAH)
๐น Next upside magnet: $95K โ likely first-touch rejection
๐น Break and hold above $100K = bullish breakout, invalidating bear scenarios
๐น Rejection at $95K โ potential drop to $60โ68K zone (monthly demand)
๐ Plan:
April/May rally toward $95K? Possible
Watch reaction at $95โ100K โ key zone
If we break $100K with conviction: add to longs
If rejected: prepare for downside, not panic โ risk management > bias
๐ก This isnโt bearish. Itโs scenario planning.
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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.
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.