🚨 BTC on the brink!
📍 Upper channel: 117.5k — strong resistance
📍 Lower channel: 112–112.5k — strong support
📊 No breakout volumes → chance for a downward bounce is higher!
Scenarios:
1️⃣ Short from 117.2–117.5 → targets: 115k / 112.5k (stop 117.9–118.1)
2️⃣ Long only after a confident breakout of 118k with volume → targets: 120k / 122.5–123k
⚠️ Long right now = playing against the channel. I'm for short.
