🚨 BTC is fighting its old resistance — breakout or bull trap? 🐂🐻
BTC is back testing the support trendline from July, which is now acting as resistance (classic support/resistance flip 🔄). Shorts 🔻 are watching this level closely, while longs 🔺 are waiting for a confirmed breakout.
My scenario:
✅ Holds above this zone for 2-3 4H candles → I'd lean long again.
❌ Drops below on volume → could be a bull trap 🪤, better to stay on the sidelines.
⚠️ Not financial advice, just a personal take. Which side are you on? Drop a comment 👇
#BTC #Bitcoin #CryptoTrading 🚀📈
BTC is back testing the support trendline from July, which is now acting as resistance (classic support/resistance flip 🔄). Shorts 🔻 are watching this level closely, while longs 🔺 are waiting for a confirmed breakout.
My scenario:
✅ Holds above this zone for 2-3 4H candles → I'd lean long again.
❌ Drops below on volume → could be a bull trap 🪤, better to stay on the sidelines.
⚠️ Not financial advice, just a personal take. Which side are you on? Drop a comment 👇
#BTC #Bitcoin #CryptoTrading 🚀📈