The $BTC /USDT pair is currently consolidating within a symmetrical triangle pattern, indicating a potential breakout or breakdown in the coming sessions.
🔸 Resistance Zone: $91,800 – $92,300
🔸 Support Zone: $89,300 – $89,900
A breakout above the resistance zone could signal a long opportunity, targeting higher levels as bullish momentum takes over. Conversely, a breakdown below the support zone might confirm bearish sentiment, making a short position favorable.
📌 Trading Plan:
1️⃣ Wait for confirmation of breakout or breakdown from the triangle.
2️⃣ Place stop-loss orders just outside the invalidated zone to manage risk effectively.
3️⃣ Follow volume trends for confirmation of the move's strength.
⚠️ Caution: Market conditions may change rapidly; always manage your risk and position sizes!
What's your bias—bullish or bearish? Share your thoughts! 🚀📉
