#BTC
*๐ BTCUSDT Quick Update*
Bitcoin is consolidating inside a symmetrical triangle on the 1H chart, getting squeezed between key trendlines.
*๐น Support zone*: $108,000 โ $107,800
*๐น Resistance zone*: $110,000 โ $110,500 (descending trendline)
๐น 200 EMA acting as strong base
A breakout above the trendline could trigger a sharp move towards *$112K+* while a rejection might lead to retesting the *$107K* zone.
$BTC
*๐ BTCUSDT Quick Update*
Bitcoin is consolidating inside a symmetrical triangle on the 1H chart, getting squeezed between key trendlines.
*๐น Support zone*: $108,000 โ $107,800
*๐น Resistance zone*: $110,000 โ $110,500 (descending trendline)
๐น 200 EMA acting as strong base
A breakout above the trendline could trigger a sharp move towards *$112K+* while a rejection might lead to retesting the *$107K* zone.
$BTC