#Earncommissions $BTC
Market Analysis
BTCUSDT previously traded inside a downward channel and triangle structure before testing the Support Zone near 79,200. Price then rebounded with a breakout, showing signs of buyers defending support.
Currently, BTCUSDT is trading below the 82,000 Resistance Zone while holding above the 79,200 Support Zone. The recent rebound from support suggests buyers may attempt another move higher.
My Scenario & Strategy
As long as BTCUSDT remains above the 79,200 Support Zone and respects the current support structure, the bullish scenario remains valid. A successful rebound from support could push price toward the 82,000 Resistance Zone (TP1).
However, a breakdown and close below 79,200 would weaken the bullish outlook and increase the possibility of further downside.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
$BTC
Market Analysis
BTCUSDT previously traded inside a downward channel and triangle structure before testing the Support Zone near 79,200. Price then rebounded with a breakout, showing signs of buyers defending support.
Currently, BTCUSDT is trading below the 82,000 Resistance Zone while holding above the 79,200 Support Zone. The recent rebound from support suggests buyers may attempt another move higher.
My Scenario & Strategy
As long as BTCUSDT remains above the 79,200 Support Zone and respects the current support structure, the bullish scenario remains valid. A successful rebound from support could push price toward the 82,000 Resistance Zone (TP1).
However, a breakdown and close below 79,200 would weaken the bullish outlook and increase the possibility of further downside.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
$BTC
