The chart structure remains unchanged from our previous update.
🔸 After entry, price dipped ~5% below our zone, but has now printed a strong bullish candle, signaling potential upside momentum.
🔸 However, #Bitcoin is currently trading at the upper boundary of the ascending channel, acting as resistance.
Key Level to Watch:
If the HTF candle closes above $99,500, it will signal strength, and I’ll consider closing short positions and initiating fresh long setups.
Important Note:
The current pattern resembles a liquidity trap, not a clean bullish continuation. That’s why I remain cautious.
✅ Plan:
🔸 Wait for confirmation > $99,500
🔸 Use tight stop-loss – no blind trades.
Stay sharp, monitor price action closely.
