The wait is over. The "Death Zone" of $90,500 has been destroyed by a strong 4H candle. The scenario has changed from "Caution" to "Attack."
Breakdown Analysis:
✅ Support Recovered: The price ($93,008) has recovered all short-term moving averages (Yellow and Light Blue Lines) and the VWAP ($91,390). Now, that entire area is a FLOOR.
🎯 The Immediate Target: Look at the Pink Line (EMA 200) at the top. It is at $94,013. It is the last frontier to confirm the return of the macro bullish trend.
🔋 Available Fuel: The RSI at 61.10 tells us that the rise is genuine and still has room to run before overheating.
My Projection:
If we manage to break $94,000 (Pink Line) today, get ready for a quick move towards $96k. The bears are trapped.
🇬🇧 English Summary:
Confirmed Breakout! BTC has smashed through the resistance cluster and is trading at $93k. We are now comfortably above the VWAP and EMA 20/50. The RSI is healthy at 61.10, showing room for more upside. The immediate target is the 200 EMA (Pink Line) at $94,013. Breaking this level opens the door to $96k.
$BTC #btcbreakout #TechnicalAnalysis #MarketUpdate #cryptotrading #BinanceSquare
⚠️ Disclaimer: This content is for educational and informational purposes only. It does not constitute financial advice. Do your own research (DYOR).
