BTC Setup – Buyers Loading, Sellers Fading

Bitcoin is tightening inside a downward pennant, with price currently at $112,364. The chart shows a clear Buyer Zone near $110K, where strong support has held multiple times. On the flip side, the Seller Zone and Resistance Line are compressing price action into a breakout point.

If bulls hold the line, momentum could drive BTC toward the Resistance Level at $117,200 (TP1) — the first target zone where sellers may reload. Break above this level, and the pennant flips bullish, opening the door for a stronger push.

This is a classic squeeze: support tested, buyers stepping in, and breakout pressure building. Eyes on $110K as the floor, $117K as the ceiling. Next few candles could decide the move. 🚀

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