Bitcoin is currently trading around 113,374 USDT, showing a -2.5% pullback after testing the upper range resistance.
๐ Chart Outlook:
Price has been consolidating between 110,000 โ 120,000 USDT (blue box zones).
Current rejection came from the upper resistance zone near 119,500 USDT, while support remains strong around 110,000 โ 111,000 USDT.
The highlighted range structure indicates accumulation, and a decisive breakout will dictate the next major move.
๐ Key Levels to Watch:
Support: 111,000 โ 110,000 USDT
Resistance: 119,500 โ 120,000 USDT
Breakout Target (upside): 125,000 โ 130,000 USDT if bulls regain momentum
Downside Risk: Losing 110,000 USDT could open doors toward 105,000 USDT
โก Traderโs Eye Catching Tip:
In this kind of range-bound market, the best approach is range trading โ buy near support, sell near resistance, and avoid over-leveraging. A confirmed breakout above 120,000 USDT could be the signal for a trend continuation.
#REVABinanceTGE
---#ETHInstitutionalFlows
๐ก If you like this analysis, drop your thoughts and share your trade setups! โ
$BTC
๐ Chart Outlook:
Price has been consolidating between 110,000 โ 120,000 USDT (blue box zones).
Current rejection came from the upper resistance zone near 119,500 USDT, while support remains strong around 110,000 โ 111,000 USDT.
The highlighted range structure indicates accumulation, and a decisive breakout will dictate the next major move.
๐ Key Levels to Watch:
Support: 111,000 โ 110,000 USDT
Resistance: 119,500 โ 120,000 USDT
Breakout Target (upside): 125,000 โ 130,000 USDT if bulls regain momentum
Downside Risk: Losing 110,000 USDT could open doors toward 105,000 USDT
โก Traderโs Eye Catching Tip:
In this kind of range-bound market, the best approach is range trading โ buy near support, sell near resistance, and avoid over-leveraging. A confirmed breakout above 120,000 USDT could be the signal for a trend continuation.
#REVABinanceTGE
---#ETHInstitutionalFlows
๐ก If you like this analysis, drop your thoughts and share your trade setups! โ
$BTC