1. (CRYPTO10) False Breakout Risk – The price might not sustain a breakout above 18,000, leading to a rejection below 17,500 before attempting another push.
2. Volume Confirmation – The volume seems inconsistent; a true bullish breakout would require increasing volume at key levels.
3. Trend Structure – The rounded bottom formation suggests a potential recovery, but a failure to hold above mid-range levels (~18,000) could result in sideways movement or a breakdown.
4. Macro Factors – External market conditions (interest rates, liquidity, BTC/crypto sentiment) could invalidate the upside scenario.
5. Bearish Retest Possibility – If the price breaks down below 17,343, we could see a deeper retracement instead of the expected move higher
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.