BTCUSDT is testing the upper boundary of its breakout structure after reclaiming the 100,000 level and pushing above the blue upward trendline.
The broader uptrend remains intact as price forms a higher low within the ascending channel and sets sights on fresh highs. Price action remains bullish with room for upside continuation if BTC holds above the breakout zone.
📌 Key Levels:
Support zone: 98,000 - 100,000 (prior breakout and trendline retest)
Breakout target: 118,760 (resistance area top)
Invalidation level: Below 98,000 (break of structure + channel midline)
⚠️ Risks:
Strong resistance lies just above ATH; could lead to rejection
Consolidation under resistance may delay breakout
Weekly close below 100,000 could shift momentum short-term
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
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