BTCUSDT | 30-min & 4H Outlook

🔍 Structure & Price Action

BTC is trading within a rising wedge (blue lines) nearing apex — typical bearish setup.
Price is repeatedly getting rejected near macro trendline (~108.8K–109K).
30-min shows clean breakdown from lower wedge support, retesting the zone now.
On 4H, BTC is still under key resistance zone between 109.6K–110.4K, previously rejected twice.

🔻 Bearish Signals
Multiple Sell signals on both timeframes.
Bearish divergence visible in RSI and MACD on 4H.
Volume spike on the breakdown → confirming sellers in control.

🔑 Key Levels
Support: 107.7K (current zone) → loss opens path to 106.6K, then 104.4K.
Resistance: 108.9K–109.4K = confluence of EMA cluster + macro TL + Fib zone.

📊 Indicators (4H)
RSI dropping from mid-zone (~48), no bullish momentum
DMI shows increasing ADX with -DI over +DI → trend strengthening bearish
TSI & Wave Trend both curling down
Stochastic in overbought, starting to reverse

🎯 Summary
Bias: Bearish below 108.6K
Invalidation: Bullish breakout above 109.6K + volume close
Setup: Watch for retest and rejection at ~108.4K–108.6K = clean short trigger
Next Targets: 107.2K → 106.6K → 104.5K