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Lingrid | BTCUSDT support Bounce After Flag Pattern Breakout

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BTCUSDT recently rebounded from the intersection of the upward channel and horizontal support near 103,705 after a false breakdown from the flag pattern. The price is now challenging the downward trendline from above, hinting at a potential breakout. A sustained move above this zone may open the path toward the 108,800 resistance.

📈 Key Levels
  • Buy zone: 103,500–104,000
  • Buy trigger: breakout and close above 105,600
  • Target: 108,800
  • Sell trigger: close below 103,000

💡 Risks
  • Rejection from the downward trendline could revive bearish pressure
  • Sideways consolidation under resistance weakens momentum
  • A break below the channel base may invalidate the bullish setup

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
交易結束:目標達成
Target DONE. Gonna to do new analysis for you 😘

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