📈 Bullish Trend – Watching a Healthy Pullback
Let’s break down what’s happening on BTCUSD (H3 timeframe) 👇
🟢 Trend Check
BTC is still structurally bullish:
Price is holding above the 9, 10, 12 & 15 EMAs from the previous background test ✅
Currently hovering above the 21 & 25 EMAs, both positioned above the 50 EMA
EMA alignment remains strong:
50 EMA > 100 EMA > 200 EMA
All confirmed by background checks 🔥
📊 Overall Trend: Bullish, but price is now running into technical resistance.
🔴 Structure & Resistance
Price is rejecting the weekly solid trendline resistance
This aligns perfectly with the daily dashed trendline resistance
Bearish pressure is building near 94,401, now marked as a supply zone 🧱
🔄 Potential Scenarios
A pullback from this supply zone could send price toward:
Previous daily support above the 21 EMA
Deeper retrace toward the 50 EMA
The weekly support trendline becomes the first major downside target and a high-probability bounce zone 📈
If liquidity shifts aggressively, a deeper move could test buyers around 88K 💧
🧠 Conclusion
This looks like a normal pullback within a larger bullish trend — nothing alarming yet.
Only a strong reaction from the weekly supply zone would signal a potential broader trend shift.
📌 Trend is bullish. Manage risk. Trade the structure.
Happy Trading 🚀📊
