📉 Bitcoin (BTC/USDT)
Timeframe: 1H
🔍 Pattern: Rising wedge breakdown observed
📊 Current Price: $105,276
📉 Outlook: Bearish short-term, possible retest of demand zone before upward move
🔁 Scenario-Based Signal:
✅ Short Setup (Breakdown of wedge):
Entry: $105,200 – $105,400
Target:
Target 1: $104,200
Target 2: $103,500 (bottom of demand zone)
Stop Loss: $105,900
🟢 Long Setup (if price holds support and bounces):
Entry: $103,500 – $104,200
Target:
Target 1: $106,800
Target 2: $107,800 (top resistance zone)
Stop Loss: $103,000
📌 Note: Wait for clear price action confirmation near support zone before entering a long. Avoid chasing the move—let price come to key levels.