#BTC/USDT💰 6H chart shows price trading inside a descending channel after a previous strong uptrend.$BTC $ETH $SOL
• Current Price: $116,460
• Pattern: Descending channel/wedge nearing breakout point.
• Bullish Scenario: Break above channel resistance could push price toward $127,964.
• Bearish Scenario: Break below channel support could drop price toward $105,640.
• Key Levels:
• Resistance: $127,964
• Support: $105,640
The blue curves illustrate potential bullish and bearish paths depending on breakout direction.
