BTC is currently trading inside a falling wedge pattern on the daily chart, a structure often considered bullish in nature. The price is hovering near the lower trendline support, showing signs of consolidation after the recent drop, indicating that sellers are losing strength around this zone.
A breakout above the upper trendline would confirm a potential bullish reversal and could trigger upward momentum. However, failure to hold the lower support may lead to further downside pressure before any recovery attempt. Traders should watch for volume confirmation on the breakout or breakdown for clearer direction.
lets discuss the analysis of $TRUTH too many hort positions from early morning till now funding is 0.19 on binance which which now long position you can open short at 0.40 Sl 0.49 Tp 100% 200% 300%
$TRUTH SHORT SETUP 📉 DON'T MISS THIS TRADE again I say you all very big dumppp Coming 📉 Soon 🔥 TRAGET 🎯 0.028_0.025_0.022_0.020 Be careful it will retest now the above area and also cautious regarding funding fee
I don't know how everyone is feeling bullish even the fomc meeting shows a risk of inflation well this is crypto and everyone has different opinions $BTC $ETH