It seems that several tokens this morning experienced a fake breakout, only $BTC experienced a full candle breakout above the downtrend resistance😂 $SOL $AVAX
Today's match features 🟢BTC Bulls FC vs🔴 Bear United at the Binance Stadium arena.
Both teams appear to be playing cautiously, maintaining their positions within the yellow line drawn since February.
Bear United continues to press from above, using the descending resistance line as their main defensive tactic. But don't be mistaken, BTC Bulls are starting to launch attacks from below — taking advantage of the strong bounce from the demand box area at 74K–75K as their last defense zone!
Currently, BTC is still held around the 84.5K level, trying to break through the enemy's defense line. If successful in breaking through and closing above 85.5K, we might see a beautiful goal upwards, possibly targeting the area of 88K–90K as a short-term target!
But remember, if BTC fails to break through and instead falls back down... Bear United may launch a quick counterattack to the lower area, potentially dropping again to the penalty box at 74K!
⚠️ Strong support and resistance have been mapped out, just waiting for the breakout whistle to be blown. Prepare your strategy, don't miss the moment in extra time!
This morning we witness a heated match between two eternal rivals:
🟢 Bullish United vs 🔴 Bearish Rovers
Stadium: Binance Arena Field Condition: 4H timeframe.
First Half – Bullish United's Attack
The Bullish team started the match aggressively. They managed to breach the tight defense at the dashed white line (descending trendline), like their star striker Candelo Green who dribbled past 3 bearish defenders mercilessly.
The ball is now at the Midfield Resistance Area 137-138, this is the main defense zone of Bearish Rovers. If the Bullish team can make a beautiful pass to Target Zone 152.9277, we might see a spectacular goal happen 🎯
"This match is not over yet, viewers!
Bullish United has momentum, but Bearish Rovers are no pushovers. Will we see the winning goal at 152 or a dramatic comeback to 96?
If SOL successfully breaks out from the diagonal resistance area (dashed white line) and strengthens past the supply zone around $136–$140, then the potential rise towards the main target is:
🎯 $143.59 (horizontal resistance) 🚀 $152.92 as a higher expansion area
This breakout could confirm the higher high pattern that is forming and become a strong signal for a continued uptrend.
🔽 Bearish Scenario However, if SOL fails to maintain support and experiences rejection from the current resistance area, then it is highly likely that a deeper correction will occur with targets:
⚠️ $123–$124 (minor demand zone) 📉 $99–$96 (strong demand zone and previous bounce area) 🧱 The next critical support is around $93 and it could even touch back to the $83 area
📊 DYOR & risk management remains a top priority before taking a position!
📌 Note:
This is not financial advice. Do your own research and manage risks wisely.