#BTCUSDT - 1h Frame
📊 The converging triangle pattern is forming clearly. This pattern indicates a compression of price range, preparing for a strong breakout in the near future.
🔥 Notable points:
BTC just had a liquidity sweep below the support zone (gray box) but immediately bounced back → a sign of shaking off weak long positions before a strong rebound.
❗️ Main scenario:
If BTC stays above the zone of 103,000$ → prioritize the breakout scenario upwards.
Breaking above 105,000$ → target expands around 110,000$.
⏳ Bad scenario:
If it breaks below the gray box → the possibility of retesting 100,000$ before looking for new buying power.
⚡️ In summary:
This is a key zone. The market is in the stage of "testing supply-demand strength" before choosing a new direction.