Once again, our support zone played smartly! 🧠🟢
$107,500 was the minor support 📉 from where $BTC bounced back 🔄, and now $108K is the critical zone for BTC ⚠️.
Last night, it did a fakeout 🎭 but ultimately closed the daily candle at $108,200 🕯️ — which means the rising wedge 📐 hasn't been activated yet.
🔊 Listen carefully:
Until and unless there's a breakdown of $107,400 ❌, we are safe ✅ — because it's a minor support.
After that, the major support levels are $106,600 and $105,500 🛡️.
The targets of the rising wedge are below $105,500 🎯.
📉 Once we close the daily candle below $107,400, we’ll likely see the market heading toward these two lower zones 🚧.
💡 The good part?
The market doesn't seem ready for a correction just yet ⏳ — that’s why we saw a bounce from $107,500 🔁.
So, as long as we're above this zone, a new all-time high (ATH) is even possible 🚀📈
Condition:
We need $109,500–$110,500 to flip into support 🔄🔓
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