📈 $BTC /USDT Analysis – Bullish Breakout in Play?
Bitcoin just broke above a key horizontal resistance zone (~$105,000), forming a bullish breakout from an extended consolidation pattern.
🧠 Technical Insights:
Multiple higher lows (L) indicate strong bullish structure.
EMA support continues to hold.
Volume spike during breakout = potential confirmation.
RSI not shown but likely testing overbought – monitor for cooling or continuation.
🚨 Caution:
Don’t chase the pump. Wait for a retest of the breakout level for a safer long entry.
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