BTC/USDT

Trend Analysis:
Current Trend: Strong uptrend.
Evidence:
Clear higher highs and higher lows.
A powerful bullish breakout from the previous CHoCH (Change of Character).
Currently in a consolidation zone just below a marked resistance area (~94,000 - 96,000), suggesting potential distribution or a bullish continuation.
Key Levels:
Resistance Zone (Supply): 94,000 – 96,000 (as highlighted in red).
Support Zone (Demand): 92,500 – 92,700 (current minor support).
Major Support Zone: Around 83,000 – 84,500 (previous consolidation & CHoCH area).
Trade Setup Ideas:
Scenario 1: Breakout Trade
Entry: Above 94,200 (confirmed breakout above resistance).
Stop Loss (SL): Below 93,000 (current structure low).
Take Profit (TP):
TP1: 96,000 (top of the resistance box).
TP2: 98,000+
Scenario 2: Pullback Buy
Entry: Near 92,700 support or wick below it.
SL: Below 92,200 (safe buffer under demand).
TP:
TP1: 94,000
TP2: 95,500+
Scenario 3: Short at Rejection
Only if strong bearish candle forms at the top resistance zone.
Entry: Near 95,000 (if price fails to break above).
SL: Above 96,000.
TP: 92,700 or 90,000 (mid-range).