BTCUSDT was trading within an ascending channel, and has recently returned to a major resistance zone near 81,000 - 81,300. The price is now testing the upper area of the structure while also reacting to a historically significant Supply zone.
The current scenarios indicate that if buyers fail to maintain acceptance above the defined entry zone, a corrective move may develop toward lower support levels. The reaction at the channel resistance will be important in determining whether the market will continue higher or start a deeper pullback.
๐ Entry zone: 81,000 - 81,250
๐ฏ Target 1: 80,100
๐ฏ Target 2: 79,000
๐ฏ Target 3: 78,000
โ Invalidation zone: Above 81,900
The bearish scenario is based on rejection of resistance, the channel structure, and the possibility of taking profits after the latest bullish rise.
Note: Educational analysis only. Not financial advice.
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