#MarketRebound

Binens Square Market Analysis

#MarketRebound #BNB #BTCUpdate #BinanceAlphaAlert #Market_Update

🚨 $BTC at a Pivotal Point 🚨

Based on the latest 1D chart analysis, Bitcoin is currently consolidating just below a critical resistance level at $107,500. While the broader momentum remains bullish, we’re seeing signs that this level could trigger a fakeout before a potential dump.

The upper trendline resistance is acting as a ceiling, and if $BTC fails to break it convincingly, we may see a pullback toward the $100,200 level. Price action is showing a slight downtrend as of now, indicating increasing selling pressure.

💡 Strategy Insight:

It’s crucial to wait for a daily candle close above the trendline with strong volume confirmation. Without it, the price may just wick into the resistance zone before getting rejected—classic bull trap behavior.

However, a clean breakout and successful retest of this resistance could open the door to a new all-time high. Timing is everything in this range, so stay sharp and avoid emotional entries.

📉 Support: $100,200

📈 Resistance: $107,500