$BTC
BTCUSDT (15M) – Testing Critical Resistance 🔴
Structure | Trend | Key Reaction Zones
BTC moved out of a falling channel, shifting momentum bullishly. Now, price is consolidating below 110,623 key resistance, which is acting as heavy supply pressure. A rejection could trigger downside pullback, while a breakout may confirm continuation.
Market Overview
The market showed strong bullish breakout momentum, supported by demand zone retests around 109,370 – 108,505. Currently, buyers are testing the resistance ceiling at 110,623. This is the immediate decision zone for short-term direction.
Key Scenarios
✅ Bullish Case 🚀 →
🎯 Target 1: 111,200
🎯 Target 2: 112,000
🎯 Target 3: 113,000+
❌ Bearish Case 📉 →
🎯 Downside Target 1: 109,370
🎯 Downside Target 2: 108,505
🎯 Extended: 107,650
Current Levels to Watch
Resistance 🔴: 110,623
Support 🟢: 110,000 – 109,370 – 108,505
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
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