đš BTC is fighting its old resistance â breakout or bull trap? đđ»
BTC is back testing the support trendline from July, which is now acting as resistance (classic support/resistance flip đ). Shorts đ» are watching this level closely, while longs đș are waiting for a confirmed breakout.
My scenario:
â Holds above this zone for 2-3 4H candles â I'd lean long again.
â Drops below on volume â could be a bull trap đȘ€, better to stay on the sidelines.
â ïž Not financial advice, just a personal take. Which side are you on? Drop a comment đ
#BTC #Bitcoin #CryptoTrading đđ
BTC is back testing the support trendline from July, which is now acting as resistance (classic support/resistance flip đ). Shorts đ» are watching this level closely, while longs đș are waiting for a confirmed breakout.
My scenario:
â Holds above this zone for 2-3 4H candles â I'd lean long again.
â Drops below on volume â could be a bull trap đȘ€, better to stay on the sidelines.
â ïž Not financial advice, just a personal take. Which side are you on? Drop a comment đ
#BTC #Bitcoin #CryptoTrading đđ