After a prolonged descending channel from the $250+ highs,
Now we’re seeing a potential breakout of structure from this compression zone — a key early signal that momentum may be shifting bullish
Immediate Resistance: $88 – $90
(Confluence of upper Bollinger Band + descending trendline)
Mid Resistance Zone: $123.70 – $128.84
(First major supply zone)
Major Resistance Zone: $166.34 – $172.89
(High timeframe supply → potential 100% move target)
Support Zones
$83.00 – $79.50 → Mid-band + SAR support
$77.00 – $70.00 → Strong demand base
Lose this → bearish continuation toward $67
Bullish Scenario
If
trendline breakout:
➡️ $100 psychological level comes fast
➡️ $120+ next major liquidity zone
➡️ Full expansion toward $160–$170 (≈100% rally)
Bearish Scenario
If rejection continues at resistance:
➡️ Pullback to $83 → $79 support
➡️ Lose $77 → revisit $67 lows
👀 Conclusion:
The setup is clean. The range is tight.
A high-volatility move is loading…
Are we about to witness a 100% rally?
Or another fakeout before lower? Comment down below…
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Disclaimer
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🚨 FREE Crypto Signals — Don't Get Left Behind!
📲 Live buy/sell alerts before the crowd:
👉 t.me/coinpedia_markets
📊 Real-time market moves + trending coins:
👉 markets.coinpedia.org/
⚡Join now — the next move won't wait FOR YOU.
📲 Live buy/sell alerts before the crowd:
👉 t.me/coinpedia_markets
📊 Real-time market moves + trending coins:
👉 markets.coinpedia.org/
⚡Join now — the next move won't wait FOR YOU.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
