#BTC
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✅ Supports:
114300 Important Support (Previous Base + Strong Price Reaction)
113500 Repeated Previous Support from which the price has bounced multiple times
112800 Psychological Support and Previous Balance Level (Old POC)
🔴 Resistances:
116200 Current Nearby Resistance (Local Peak)
117400 Medium Resistance (Formation of Reversal Candles)
118500 Very Strong Resistance (Clear Liquidation Point and High Liquidity)
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🔄 Expected Scenarios:
🔵 Positive Scenario (If Support 114300 is Maintained):
Continuation of Rise to 116200
Breaking Resistance Opens the Path to 117400 then 118500
Best to Enter Buy from Support 114300 - 114500 with a Stop Below 113800
🔴 Negative Scenario (If Support 114300 is Broken):
Drop to 113500
Breaking 113500 Opens the Path to 112800 and Possibly Retesting the Last Bottom
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📌 Proposed Scalping Trade (15 Minutes):
Buy from: 114800
Target: 116000
Stop: 114200
Reason: Price is Close to Demand Area, Forming a Reversal Base + Absorption Candles
