BTC just bounced from the demand zone and is now pushing back into broken structure. This is a key decision area.
Price is testing the descending trendline while moving into heavy overhead volume. The big level above is the inflection zone around prior range support turned resistance. That area decides everything.
If BTC reclaims and holds above it, momentum shifts and we likely rotate higher into the upper liquidity pocket.
If we get rejection here, this looks like a corrective bounce and another sweep of the range lows is on the table.
Momentum has reset from oversold and buyers stepped in at support. Now we wait for confirmation at resistance.
Price is testing the descending trendline while moving into heavy overhead volume. The big level above is the inflection zone around prior range support turned resistance. That area decides everything.
If BTC reclaims and holds above it, momentum shifts and we likely rotate higher into the upper liquidity pocket.
If we get rejection here, this looks like a corrective bounce and another sweep of the range lows is on the table.
Momentum has reset from oversold and buyers stepped in at support. Now we wait for confirmation at resistance.
Check me out btdcrypto.com/links/
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Check me out btdcrypto.com/links/
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.