DOTUSDT Perp 2.616 -4.69% Price has broken out of the downtrend, confirming a shift in short-term momentum. RSI is in the buying zone, and buying volume is increasing, signaling renewed strength. On the 1H timeframe, RSI has also broken out, reinforcing bullish sentiment. 🎯 Trade Setup: → TP: 2.976 | SL: 2.491 | RR: 1 : 2.77 Market structure and momentum align for a clean scalp long setup, favoring a continuation move following the breakout.
BTC formed a head and shoulders in consolidation🔥🧨💫✨ $BTC BTC 104,379.87 -3.09%
BTC 104,379.87 -3.09% Hi! Bitcoin recently completed a Head and Shoulders pattern, leading to a rejection from the “first hunt” area near the previous high. After that rejection, price has been moving lower and is now approaching a key S&D (Supply & Demand) zone highlighted on the chart. This lower zone represents the “second possible hunt”, an area where liquidity may be collected before a potential strong bullish reversal. The structure shows consolidation forming above this zone, suggesting that sellers may soon exhaust as buyers prepare to step in. If price sweeps the lows into the S&D zone and finds strong support, we could see a sharp reversal move toward the $118K–$120K region, aligning with the previous highs and major liquidity level. However, if Bitcoin fails to hold the S&D zone, the bullish recovery scenario would be invalidated, and deeper correction could follow. the target of this head and shoulders pattern is near $100250