๐จ UPDATE IN MY PREVIOUS POST!
๐ BTC/USDT 4H Chart โ Fresh Update & Insight
The price action is heating up again! ๐ฅ
Weโre now approaching the critical lower support line (Bottom Violet Zone) โ a level that has triggered strong reactions before.
๐ The repeated rejection zones (yellow circles) are forming a downward wedge resistance, showing price compression and setting up a possible bounce or breakdown.
๐ Short-Term Trade Setup:
If BTC dips below 103k, we could see a short-term bounce opportunity, especially for scalpers or altcoin swing plays.
โ ๏ธ Reminder: This is not a long-term entry โ this is strictly for short-trade strategy on the 4H timeframe.
๐ Possible Bounce Targets?
With the EMA20 (blue arrow) suggesting an upward trend bias, BTC could revisit 105kโ108k, if momentum and volume align properly.
๐ฌ Agree with this setup? Watching any altcoins right now?
Let me know your thoughts or share your strategy below!
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๐ฌ Comment your take or altcoin watchlist โ letโs learn from each other.
๐ Catch up here: Previous Chart Post
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GoodLuck Trader!๐ช
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