NZDCAD BULLISH OR BEARISH DETAILED ANALYSIS ??NZDCAD is currently coiling within a textbook bullish flag formation after an aggressive impulsive leg to the upside. Price action remains tight inside this consolidation structure, respecting both trendline resistance and support. As we approach the apex of this flag, I’m closely watching for a breakout confirmation to trigger the next bullish continuation leg toward the 0.8600 target.
From a macro perspective, the New Zealand dollar is gaining strength following the RBNZ’s firm stance on keeping rates elevated due to persistent inflation risks, particularly in housing and services. On the flip side, the Canadian dollar is showing relative weakness as oil prices stall and the Bank of Canada shifts toward a more dovish tone amid weaker economic data and slowing consumer spending. This divergence in central bank policy and economic outlook is building a strong fundamental case for NZDCAD upside.
Technically, the structure remains clean. The market formed a strong bullish engulfing rally earlier in April, and since then has entered a symmetrical correction with higher lows forming under compression. This is a classic continuation setup with strong momentum buildup underneath. A breakout above the 0.8280–0.8300 zone with volume would likely trigger institutional interest and drive price rapidly toward the 0.8600 level, which aligns with the measured move of the flag.
This is a high-probability trade idea supported by both technical and fundamental convergence. With risk well-defined below 0.8135 and momentum favoring the bulls, NZDCAD is one of my top setups going into June. Breakout traders and swing traders alike should keep this pair on the radar as the next bullish expansion looks imminent.
Bitcoin (Cryptocurrency)
BITCOIN No different than all the Bullish Legs since 2023!Bitcoin (BTCUSD) has just completed a Golden Cross on the 1D time-frame, the 4th such pattern since February 05 2023. All those Golden Crosses have been formed marginally after the Channel Up bottoms and start of their respective Bullish Legs.
The current pattern is no different than any other of those Bullish Legs. On top of that, the 1W MACD has also formed its usual Bullish Cross that has technically always preceded the 1D Golden Cross.
Given that, when this happens, BTC tends to be at least near the 0.5 Fibonacci level from the eventual top, we can estimate that the next peak might be around $165000. This is another indicator that makes our $150k Target for this Cycle more than realistic.
But what do you think? Are you also expecting the market to explode past $150k? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
CME Futures PREMIUM —Bitcoin Will Continue To GrowThe PREMIUM between Bitcoin's CME Futures and spot price is still on. This means that Bitcoin continues bullish.
In a previous article, I used this signal to predict a bullish breakout and bullish continuation. When there is a bullish bias Bitcoin becomes more expensive on CME vs spot, it means buy demand is very strong. With a strong demand for Bitcoin from the public, prices continue to grow.
There is a huge difference between the double top in 2021 and the chart structure in 2025.
The double top in 2021 came out of a 5-up waves pattern. The current top comes out of a 7 months long consolidation phase. Based on Elliotts law of alternation, the bull market will end in a blow off top in 2025 rather than a double top. This means that we will see one final and very strong move up followed by a crash, and that's how the bull market will end. Think of 2017/2018 and you can get a perfect picture of how the bull market will end. The only question that remains is about how far up prices will go, will the bullish wave end at $157,425 or will it go to $211,855?
Six months is enough to reach the second target.
This is a friendly reminder.
Bitcoin will continue to grow.
Namaste.
BTC/USDT Technical Analysis and Trade Idea📉 BTC Pullback or Full Reversal? Let's Break It Down 🔍
Looking at the Bitcoin chart right now, we’re seeing more than just a minor pullback. On the 30-minute timeframe, there’s a clear bearish market structure shift setting in. In my opinion, this isn't a quick dip before continuation — we may be in for a deeper retracement. 🧐
When we overlay NASDAQ (which Bitcoin is often closely correlated with), it becomes even clearer — tech stocks look overextended and are showing signs of a potential pullback. 📉
So here’s the plan:
If BTC pulls back into my point of interest, I’ll be watching for a bullish break of structure to consider a long position. Simple, structured, and in line with what the charts are telling us. 🔁💹
⚠️ As always, this is not financial advice — just sharing how I'm reading the market right now.
💬 What are your thoughts? Are you watching the same levels? Drop a comment below 👇 and let’s talk trade setups! 🚀
Is Bitcoin Ready for Its Next Leg Up? Here’s What We Know So FarBitcoin BITSTAMP:BTCUSD is so back — not just back like “we recovered the dip,” but back like “new all-time highs, let’s go shopping for Lambos on moons” back.
If you’ve been following our Top Stories coverage, you’ll know that the OG token vaulted past $109,500 last week, then kissed $111,900 in “Tom Cruise falling off a building” style. Only that there wasn’t a fall to the ground. Instead, Bitcoin prices got stuck near $110,000 and are now waiting for the next catalyst.
Where are we in the cycle? The memes are pumping. Maxis are chest-thumping (this one’s for you, Saylor ). And the market? Well, it’s trying to figure out if this rocket still has fuel, or if we’re hovering at apogee before gravity reminds us it’s still a thing.
Let’s break down what’s really going on — with numbers, context, and just enough forecast to keep it spicy.
🚀 Bitcoin Goes Bionic
Call it what you want — a breakout, a blowoff, or a moonshot — Bitcoin just rewrote the record books. The OG coin is up 48% since its April lows, a run that’s as explosive as it is poetic.
Remember the bearish chants echoing when BTC dipped near $74,000 in early spring? And all those Bitcoin permabears saying it’s all going to zero? Yeah, those are suddenly hard to hear over the rocket engines.
This is the moment Bitcoin believers have been waiting for. Institutional interest continues to show inflows are strong. Adoption is real and making solid progress. And price action is loud — loud enough to drown out the skeptics still quoting tulip bubbles from 1637.
💥 Why the Breakout? A Perfect Storm
Looking at the fundamentals and the technicals — this wasn’t a fluke. It was a perfect cocktail of macro tailwinds, regulatory green lights, and unrelenting digital gold fever.
ETF flows? Exchange-traded funds are collecting record levels of fresh capital — all eleven of them .
Institutional demand? Climbing faster than Saylor can tweet.
Macro backdrop? Soft dollar, muted inflation, and a shiny 90-day trade truce between the US and China paired with one between the US and the EU .
Regulatory mood? A lot less hostile than the Biden administration, with a stablecoin bill clearing the Senate’s procedural vote and Texas passing a law to hold Bitcoin in its reserve fund.
Bitcoin didn’t ride the wave — it was the wave. And with volatility finally working for traders, not against them, the rally gained real traction.
📉 Not All Risk is Behind Us
Now before we start naming stars after Satoshi, let’s pump the brakes (just a little). The flagship crypto might be chilling around $110,000, but this asset class has the emotional range (and discipline) of a toddler. We’ve seen rallies like this before. We’ve also seen how quickly they unravel.
Upcoming economic data could throw a wrench in the gears. Here’s what to watch for this week:
Wednesday: Fed minutes
Thursday: GDP figures
Friday: Core PCE inflation
Any surprises here — especially hotter-than-expected inflation or hawkish Fed sentiment — could rattle the risk-on party. Bitcoin loves liquidity. If the Fed hints at tightening, the rocket might need to refuel mid-air.
🧭 Key Levels to Watch
Technically, the $111,900 print is your short-term ceiling. It’s the new line in the sand — the price everyone’s watching, waiting for a clean break or a hard rejection.
On the downside, $105,000–$106,000 is developing as support. Break that, and $100,000 becomes the psychological safety net. Below that? Well, let’s not talk about it unless we have to.
Until then, price is consolidating. Think of it like a pit stop — a chance for bulls to breathe, for bears to panic quietly, and for traders to argue about Fibonacci levels.
🛰️ Is $120K Next? Or Is This the Top?
But let’s dig into it a little bit. The real question is whether this rally still has legs. Some traders are calling $120,000 a “magnet level.” Others are treating current prices like the top and selling into strength.
The answer? Probably both.
Momentum is still there — just cooled off a bit. Volume’s down slightly. Social buzz is still high up there. The market’s in a classic “wait-and-see” phase, prepping for a bigger move in either direction.
What could break the stalemate?
A blockbuster inflation report (bullish if soft).
Another policy win from Washington.
Or the most powerful force of all: a dovish stance from the man who moves markets with a simple “Good afternoon” (bonus points if you guess who that is!)
📢 Final Word: Celebrate, But Stay Sharp
If you’ve been long since the dip, this is your moment. Pop some virtual (or real?) champagne. Screenshot that green PnL. Post a gif of Elon and Trump dancing.
But if you’re entering now, zoom out. Yes, momentum is bullish. Yes, fundamentals are stronger than ever. But Bitcoin doesn’t do straight lines for long. And your stop-loss isn’t going to set itself.
Whether $120K is next or we pull back to reset, the next few sessions will be crucial.
Your move : Are you buying this breakout? Waiting for confirmation? Or just enjoying the view from orbit? Let us know how you’re playing this Bitcoin beast — because one thing’s certain: it’s never boring up here.
Bitcoin & Stock Market Rally Together .. My Trade Plan!🚨 Bitcoin Update! 🚨
Taking a look at the BTC chart 🧠📈 — we saw a sharp retracement followed by a strong rally 💥🔥, likely driven by recent tariff policy shifts 🌍📊.
Right now, I’m leaning bullish 🐂 — especially with the stock markets also pushing higher 📈💹. But let’s be clear: my bullish bias depends on the stock market holding strong 🛡️📊.
I’m keeping an eye out for a pullback to the 61.8% Fibonacci level 🌀 for a potential buy opportunity 💸🚀.
⚠️ This is not financial advice — just sharing my outlook!
👇 Let me know what you think in the comments!
Bitcoin (BTCUSDT) - Consolidation Above Support Trendline -DailyBitcoin (BTCUSDT) price is currently consolidating above a trendline support level (between $107,000 and $109,000).
Bitcoin price has been in an uptrend throughout May 2025.
If Bitcoin price closes below $106,000 a pullback could occur down to $104,000 and $100,000.
Support Levels: $107K, $105K, $103K, $100K, $95K, $90K.
Resistance Levels: $110K, $112K, $120K, $130, $136K, $150.
Stock market correlations and corporate earnings could affect short-term price action for Bitcoin (e.g. S&P500, Nasdaq, Dow Jones, Nvidia, Dell, Marvell, etc).
Breaking News, corporate earnings and announcements, presidential and government law changes, and consumer sentiment can all affect the price of Bitcoin.
BTC/USD Rebound in Play! | Key Support Holding, Eyes on $112K📊 BTC/USD Technical Analysis
🗓️ Chart Date: May 25, 2025
🔍 Key Levels:
🔵 Support Zone: $106,800 – $107,300
Notably, price bounced twice in this region, indicating strong buying interest.
This area aligns closely with the 200 EMA (currently at $107,213.51), adding further confluence as dynamic support.
🔴 Resistance Zone: $111,800 – $112,300
Previous highs and consolidation make this a significant area where sellers may re-enter the market.
📈 Indicators:
🔵 EMA 200 (Blue): $107,213.51
Acts as a strong dynamic support; price bounced off it recently.
🔴 EMA 50 (Red): $108,182.91
Price is currently below the 50 EMA, suggesting short-term bearish pressure remains until this level is reclaimed.
🧠 Market Structure & Price Action:
After a sharp drop from the resistance zone, price found solid footing at the support zone.
Recent candles show rejection wicks from the downside, hinting at potential bullish reversal.
A breakout above minor consolidation and 50 EMA could trigger a bullish continuation toward the resistance.
📌 Forecast:
✅ If the price holds above the support zone and breaks above $108,200, we can expect a bullish move toward $112,000.
⚠️ However, a failure to break above the 50 EMA could lead to a retest of the support zone.
🧭 Trade Idea (Not Financial Advice):
📥 Long Bias:
Entry: On confirmed breakout above $108,200
SL: Below $107,000
TP: $111,800 – $112,300
📌 Conclusion:
The chart setup suggests a potential bullish reversal 📈 from a key support zone, supported by EMA 200. Watch for a break above the 50 EMA for momentum confirmation.
🧠 Always confirm with volume and wait for confirmation before entering a position.
QNT BreakoutTraders,
As you can see from the BINANCE:QNTBTC pairing, that QNT looks to be ready to breakout.
As well as on the CRYPTO:QNTUSD Chart on the right hand side, we are about to see a breakout of this trend pattern which looks to be a Symmetrical Triangle. We have many other indications that this market is soon to start moving on some of these top alt coins.
This is a simple chart posted to show areas of interest when QNT moves forward toward price discovery. It is very possible to see the final target depicted on the chart on the right by the end of this alt coin season that we firmly believe started last month. Meaning we saw the bottom of the markets for the alt coins that are looking ready to start moving within the next 6-8 weeks.
Stay profitable folks,
Savvy
Ethereum Is Nearing an Important SupportHey Traders, in today's trading session we are monitoring ETH/USDT for a buying opportunity around 2,435 zone, Ethereum is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2,435 support and resistance area.
Trade safe, Joe.
Bitcoin Clears Key Resistance as Bulls Maintain Grip on UptrendBitcoin (BTC/USD) has officially broken above the psychologically and technically significant 108,500 zone, confirming bullish continuation:
Trendline Support Holds: The rising trendline from March remains intact and continues to guide the advance.
Breakout Confirmation: Price is now comfortably above previous resistance at 108,500, turning it into new support.
Momentum Strong: MACD remains firmly in bullish territory, while RSI is pushing into overbought levels—suggesting strong upside but warranting caution.
Next Resistance: Little stands in the way until 115,000 and potentially 120,000 if momentum persists.
Watch for Retest: Short-term consolidation or a retest of the 108,500 zone could provide a healthier base for further gains.
Bitcoin remains in bulls' control unless we see a decisive drop back below trendline support.
-MW
Bitcoin Hits New All-Time Highs — Rally Targets $130K+Bullish Momentum Accelerates:
Bitcoin has reached new all-time highs, confirming a strongly bullish technical outlook. Accelerating upside momentum and growing investor confidence are driving the current rally.
Breakout Confirmation:
A decisive breakout from a broadening wedge pattern has unlocked potential targets in the $130,000–$135,000 range, signaling a likely continuation of the uptrend.
Key Support Levels:
With Bitcoin now trading well above $106,000, the previous resistance at $108,000 is expected to act as strong support during any pullbacks — providing a clear risk threshold for traders.
Favorable Risk-Reward Setup:
This alignment of:
Strong momentum
Completed consolidation
Successful breakout
...creates a compelling risk-reward scenario and reinforces the case for continued upside in the current bull cycle.
Bitcoin may just be getting started on its next leg higher. 🚀🔥
#Bitcoin #BTC #AllTimeHigh #Crypto #TechnicalAnalysis #Bullish #Breakout #MarketMomentum #CryptoTrading #CryptoMarket
One of the MOST UNDERVALUED assets with huge POTENTIAL? ULTIMA continues its correction and by the looks of it, the end of the correction is getting closer.
⚡️ Let's see why I think there is a huge potential here in the short term.
The current correction is caused by the start of the token unlocking period after the freeze and many of them went straight to the market. However, they are not in a hurry to pay off yet.
Now, above are two huge GAPs. The first one is $11,400 - $15,320 and the second one is $15,400 - $19,000. As you know, GAPs are 99% of the time closed sooner or later. Especially such huge ones that leave behind such untraded areas.
📰 On every impulse, historically, there are 3-4 down pushes. Right now, ULTIMA has completed the second one. Not sure what the 4th will be, given what impulses were on the first two. So the next one (if there is one) could be the last and entail a BOS and a return to growth.
⚙️ Metrics and indicators:
Volume - the entire correction that started as early as $20,000 continues on lower selling volume, signaling seller exhaustion. Potentially signaling a rebound in the short term.
RSI - the second impulse was weaker than the first and a divergence was formed on the indicator chart. Which indicates a potential change of trend back to growth.
CMF - here is the most interesting thing. During the whole correction, fresh liquidity continues to enter the token. Also forming a divergence.
This indicates that holders continue to accumulate the coin. 🔥
VRVP - shows that at the price of $14,000, trading volumes have almost completely disappeared. The asset was probably overheated speculatively as it gave over 500% in a short period of time last year alone. And the current correction is landing gamblers with shoulders that obviously don't want to re-enter and go try their luck further.
Small volumes have started to appear in the $11,000 zone. Which, combined with the fact that we know we could be in for another downward momentum, is very correlative. After all, we are seeing more and more volume at a low price and the next impulse may just spark interest from those who have been waiting for a lower price for a long time.
📌Conclusion:
My first key point was $10,000. The next one will be $8,000. I don't expect a move below $6,000. But am buying at each key point so I don't miss the upside and average the position. Not trying to guess where the long awaited bottom is.
a possible massacre.what if i told you that bitcoin could drop 50% before june is over?
i know that probably sounds extreme. maybe even a little unbelievable. and that's okay; most people react that way when faced with a scenario they weren't prepared for.
i’m not here to scare you, and i’m not trying to make a bold claim just to get attention. i’m here to share a message that comes from a rare, proprietary sell signal in our system; something that doesn’t trigger often, but when it does, we pay very close attention.
i believe there’s a real possibility bitcoin drops below 50k by the end of june.
---
here’s the technical stuff to anyone interested:
since the bottom in november 2022, bitcoin moved up in a clear five-wave pattern, peaking around january 2025. from there, it seems to be forming what’s known as an expanded flat correction. this is a three-wave structure (3-3-5) that often tricks the crowd before the next major move begins.
ironically, this potential drop doesn't change the bigger picture at all. i still believe the long-term target sits between 750k and 1m by year-end. but markets don’t move in straight lines; sometimes, they shake out everyone who’s too confident, right before taking off.
consider this a heads-up,
not a certainty,
but one worth preparing for.
---
ps. the stop-loss on my btc long sits at the target of this idea. if i'm right about this, my stop will get hit, and it will open the door to a new entry.
---
🌙
Bitcoin - Waiting for a clear breakout!About an hour ago, Bitcoin (BTC) managed to fully fill the 1-hour Fair Value Gap (FVG). After touching the upper boundary of this gap, the price reacted sharply and quickly reversed, which resulted in the formation of a Swing Failure Pattern (SFP).
What is a SFP?
A Swing Failure Pattern, or SFP, occurs when the price briefly moves above a previous high but fails to sustain that move. In this scenario, the price only sweeps above the previous high with a wick, but the candle does not close above it. This often signals that buyers could not maintain control, and it can lead to a reversal or a loss of momentum.
Narrow range
Currently, BTC is trading within a narrow range between 106,600 and 110,600. Within this range, the price is moving up and down without breaking out in either direction. On the 1-hour chart, BTC respected the FVG a few hours ago, which suggests that bullish momentum might still have a chance to develop.
Bullish breakout
For a bullish breakout, we would want to see BTC break above 111,000 with strong buying momentum. If this happens, the price could turn the current resistance into new support and potentially make a move toward the all-time high (ATH).
Bearish breakout
On the other hand, a bearish breakout would require the price to close below 106,600 with significant volume. If BTC closes below this level, the support could turn into resistance, and a drop toward 100,000 would become a real possibility.
Conclusion
In my view, BTC showed strength by holding the 1-hour FVG, but after the latest move upward, it failed to break through resistance and instead formed a SFP. Because of this, I expect a pullback toward 108,000 or even 106,000. At this stage, it’s best to be patient and wait for a clear breakout in either direction before making any major trading decisions. If you want to protect your capital, it’s wise to wait for confirmation before entering a new position.
Thanks for your support.
- Make sure to follow me so you don't miss out on the next analysis!
- Drop a like and leave a comment!
HolderStat┆BTCUSD stairway to New ATHCRYPTOCAP:BTC — Price action grinds up a steep ascending trendline, printing serial consolidation flags that keep bullish momentum intact. Holding 108-109 k support leaves room for a thrust toward the 115-118 k liquidity / new-ATH zone highlighted above. Breakout continuation, higher-highs narrative alive while the wedge floor protects the move.
Bitcoin Bounce on Trump Tariff Delay – Short Setup Still Valid!Bitcoin ( BINANCE:BTCUSDT ) started to fall as I expected in the previous idea , and declined near the Support lines .
Bitcoin started pumping after the news that " US President Trump agreed to postpone 50% EU tariffs until July 9th ." Do you think this pumping of Bitcoin will continue?
Bitcoin is trading in a Heavy Resistance zone($110,000-$105,800) near the Potential Reversal Zone(PRZ) .
From the Elliott Wave theory perspective , Bitcoin appears to be in corrective waves , which is why I am labeling this idea as a ''Short''. The corrective waves structure is of the Expanding Flat(ABC/3-3-5) type.
I expect Bitcoin to attack the Support lines once again, and if these lines are broken, it will decline to the Targets I have indicated on the chart.
Notes :
MicroStrategy bought another 4,020 Bitcoins, but it didn't have much of an impact on the market.
If the Bitcoin price falls back below $109,000, about $185 million in long Bitcoin positions will be liquidated . = Attractive for exchanges
Bitcoin 2025 Conference to be Held in Las Vegas, Tuesday-Thursday = Could Cause Market Excitement .
Note: If Bitcoin touches $112,080, we should expect more pumping.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Levels in 2025Prediction levels on Bitcoin in 2025.
*first step - 143000 $ - 144000 $
* quick shot and back - 210000 $
* almost imposible in 2025 - 280000 $
We waiting for Fed decissions in this week.
- FOMC protocol 28 may 2025 - 19:00 (GMT +1)
- PKB USA 29 may 2025 - 2:30 PM (GMT +1)
- Core PCE 30 may 2025 - 14:30 (GMT +1)
TradeCityPro | Bitcoin Daily Analysis #103👋 Welcome to TradeCity Pro!
Let’s dive into Bitcoin and key crypto indices. As usual, in this analysis I’ll walk you through the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see on the 1-hour chart, Bitcoin was rejected from the 110128 resistance yesterday and began a pullback, but it didn't reach the support at 107010 — instead, it formed a higher low and is now moving back toward 110128.
📊 Buy volume during this bullish leg has been relatively low, which isn’t ideal for a strong uptrend and indicates potential weakness.
📈 If the 110128 resistance breaks, a long position can be considered. However, if you take this trade, I suggest not setting your target at 111747 — instead, aim for higher targets and hold the position longer.
💥 The main long trigger remains at 111747. So if you missed or don’t want to trade the 110128 breakout, you can wait for this higher confirmation.
🔽 As for short setups, just like yesterday, it's still better to wait for a trend reversal. As long as the price remains above the support zone, the uptrend remains intact.
👑 BTC.D Analysis
Bitcoin Dominance broke above 64.32 yesterday but failed to hold and fell back below it, also breaking the 64.18 support. It’s now moving toward 63.97.
⭐ Currently, there is strong bearish momentum in BTC.D, and if 63.97 is broken, this downward move is likely to continue.
📅 Total2 Analysis
Total2 printed a higher low above 1.18 and has now broken above the 1.22 resistance.
✨ If it can hold above this level, we could see an upward move toward 1.26. For bearish confirmation and short positions, a break below 1.18 would be the key trigger.
📅 USDT.D Analysis
USDT Dominance printed a lower high compared to 4.62 and is now sitting on support at 4.49. A break below this level could push the dominance down to 4.38.
🎲 To confirm a bullish reversal in USDT.D, we would need to see a break above 4.62.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Bitcoin (BTC/USDT) – Flag Breakout Points to $114KHello guys!
Bitcoin continues to respect the bullish structure within its ascending channel, and we just got a clean breakout from a textbook bull flag.
After a solid move higher earlier this month, BTC cooled off inside a tight flag pattern, consolidating above $106K. That pullback helped reset momentum, and now we’ve broken out with conviction.
You can read about it here:
We’re currently hovering around $ 109.8 K. A short-term retest of the breakout zone near $108K–$108.5K wouldn’t be surprising. it could even offer a great entry opportunity before the next leg up.
If momentum holds, the projected target from this flag pattern lands in the $113.5K–$114K zone.
watch these:
Support: $107.5K–$108.5K
Target: $114K
Invalidation: Break below $107K
Bias remains bullish unless we lose the channel structure.