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BTC Update | Market at Key Resistance
BTC is currently testing a trendline resistance formed over the past couple of weeks.
At this stage, two scenarios are clear:
• Rejection from trendline → we reassess for short opportunities
• Breakout above trendline → continuation towards higher levels
For now, price is sitting at resistance, so no need to FOMO into trades here.
Recent Trades Update
• $WLD & RENDER setups were valid (taken at resistance with liquidity sweeps)
• However, due to $BTC volatility, both trades hit stoploss
Approach
• Avoid forcing trades in uncertain conditions
• Wait for confirmation around this key level
• Reassess during US session for cleaner setups
Yesterday’s session was clean with full targets on $HYPE & $TSLA, but today is relatively choppy part of the process.
We’ll aim for better execution in the US session.