Is the #BTC pullback over?

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📊 Is the #BTC pullback over?

🧠From a structural perspective, a bearish structure has formed on both the 1-hour and 4-hour charts, so we should be wary of the risk of a further pullback.

➡️Resistance is the area formed by the two necklines (114675-115729).
Support is primarily the overlap between the yellow and green areas (110000-111688). If we can establish a bullish structure on the 1-hour chart here, we still have a chance of continuing the bullish trend.

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