BTC has pulled back after a strong upward move and is now approaching a key support zone near $107,150 – $107,000. This level has previously acted as a breakout zone and now may serve as a strong demand area.
🔄 Scenario Building:
Price is coming down to retest the former resistance (now turned support).
If the support at $107,150 – $107,000 holds, a bounce back toward $107,800 – $108,000 can be expected.
Structure suggests bullish continuation if buyers step in around this zone.
🔄 Scenario Building:
Price is coming down to retest the former resistance (now turned support).
If the support at $107,150 – $107,000 holds, a bounce back toward $107,800 – $108,000 can be expected.
Structure suggests bullish continuation if buyers step in around this zone.
Trade active
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⭐ Algo Trading
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.
Get BTST Toolkit:
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
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.