$BTC /USDT – 1H Trade Idea
Watching this structure closely 👀
Price was respecting a clean upward trendline, building compression right under a strong resistance zone around 94,100 – 94,400. The circled area shows a classic liquidity grab / CHoCH style move where momentum shifted and broke the internal bullish structure.
Key points from the chart:
Major resistance above acting as supply
Fair Value Gap (FVG) left behind during the drop
Solid support sitting near 92,900
Deeper demand/FVG zone below around 90,800 – 91,200
As long as BTC stays under that upper resistance box, the bias remains cautious / slightly bearish. A reclaim above 94,400 would flip the narrative back bullish. Until then, I’m expecting price to target lower liquidity toward the blue support zones.
Plan = Patience. Let the market confirm the next move.
Stay disciplined 🚀
