🪩👑 Retest or Rejection? Reading BTC’s Bounce at 109.7K Like a Pro 📈
🔹BTC’s at it again pushing up to 109.7K, the same level that played hard to get last time
🔹But friend… is this a real retest before the romance continues?
Or a brutal rejection in disguise, designed to trap the eager ones? 😈
🔹Let’s decode it like a pro:
🔍1. Zoom Out for Real Structure
→ 109.7K isn’t just a number, it’s where BTC stalled twice this week.
→ That makes it a key HTF resistance.
→ To turn this flirt into a full send, we need clean candle closes above, not just wicks kissing it 🕯️
📊 2. Watch the Retest Behavior
→ If BTC breaks above and then pulls back to 109.7K, here’s the trick:
✔️ If it bounces with strong volume + quick reclaim? That’s your entry kiss.
❌ If it stalls, prints weak candles or closes below? That’s your rejection cue.
🧵 3. Volume & RSI Confirm the Mood
→ No volume = no conviction.
→ RSI divergence or overbought? That could hint at rejection.
→ But if RSI stays smooth and volume spikes? Oh friend… the breakout may be real 📈
🍷 Final Whisper:
→ BTC doesn’t always say it out loud.
→ She shows you with candles, pauses, and rhythm.
→ Retest or rejection? You’ll know by how she behaves
Not on the touch… but on the follow through 💅📊
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