🚨
$BTR is breaking out $0.060 is the next major battle!
It is showing strong bullish momentum on the 4 hour chart, currently trading around $0.05704 with a 13.38% gain in 24 hours. After spending days consolidating around the $0.049–$0.052 zone, buyers have stepped back in aggressively, pushing price toward a major resistance area. The chart is now approaching the $0.0585–$0.0600 resistance zone, where BTR previously faced selling pressure. The latest bullish candle, supported by a noticeable increase in volume, shows that buyers are gaining strength. A decisive breakout above this zone would open the door toward $0.0620 and potentially $0.0650. 🚀
🛑 Key levels to watch:
* Resistance: $0.0585–$0.0600
* Support: $0.0485–$0.0500
* Breakout targets: $0.0620 and $0.0650
My bias is bullish while BTR holds above the reclaimed $0.050 area. However, after such a sharp move, volatility and a short-term pullback remain possible. A rejection near $0.060 could send price back toward support before the next attempt. It is approaching a critical level. If buyers push through resistance with sustained volume, this consolidation breakout could have much more room to run.
Keep BTRUSDT on your watchlist. The $0.060 level is the one that matters now.
Keep an eye on
$ZEC &
$VELVET too.
#btr #Bitlayer #analysis