$BTC
BTCUSDT (12H) – Holding Support, Eyeing Higher Levels 🔼
Structure | Trend | Key Reaction Zones
BTC continues to respect its long-term higher low trendline around 107K, confirming strong buyer interest. Market structure remains bullish as long as this zone holds.
Market Overview
BTC has defended its 107K support zone after multiple liquidity sweeps, pushing back into the mid-range. Price action suggests accumulation with potential to retest major supply near 115K – 120K. However, failure to hold above 107K could trigger deeper downside pressure.
Key Scenarios
✅ Bullish Case 🚀 →
🎯 Target 1: 115K
🎯 Target 2: 119.8K
🎯 Extended: 124K
❌ Bearish Case 📉 →
🎯 Downside Target 1: 105K
🎯 Downside Target 2: 102K
🎯 Extended: 93K
Current Levels to Watch
Resistance 🔴: 115K – 120K
Support 🟢: 107K – 105K – 102K
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
$ETH
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