Bitcoin / TetherUS
Long
Updated

Lingrid | BTCUSDT possible Channel Break - Upside Surge

1 296
The price perfectly fulfilled my last idea . BTCUSDT is pulling back slightly after rejecting the descending red trendline near the 108,000 level, while remaining above the breakout zone around 105,000. The structure suggests a potential bullish continuation if the price holds this level and forms a higher low. A successful breakout above 108,000 could ignite a move toward the 111,000 resistance band.

📈 Key Levels
  • Buy zone: 105,000–105,300
  • Sell trigger: breakdown below 105,000
  • Target: 111,000
  • Buy trigger: breakout and retest above 108,000 with strong momentum

💡 Risks
  • Failure to hold 105,000 reopens path to 98,700
  • Bearish rejection at 108,000 could maintain lower high structure
  • Weak volume breakout may lead to a bull trap under 111,000

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!


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Price on Support zone - ready to BUY?

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