๐ BTC/USDT 4H Chart Update
๐จ Triangle Formation Breakdown!
๐ด Resistance Alert: Price is currently facing rejection near the Descending Trendline (Red Line) from 123,218 USDT.
๐ข Support Zone: Green ascending trendline is acting as a base with strong support between 115,736โ116,000 USDT. This zone has held up multiple times!
๐ Price is now consolidating between 118Kโ120K, with MA support from MA(99) at 116K.
๐ What to Watch:
๐บ Breakout above 120,500 = Bullish push toward 123K+
๐ป Breakdown below 115,700 = Possible retest of 114K or lower
๐ก Trade Idea:
Long near green zone support with tight SL
Short near red trendline resistance if rejection confirmed
๐ฌ What's your move? Bullish or Bearish? Comment below๐
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