🚨 $BTC  Rising Wedge Signals Exhaustion Bearish Resolution Likely!
ChartScout just flagged a Rising Wedge Pattern on BTC/USDT (1m) on Binance and the signs are hard to ignore.

📊 Signal Details:
• Asset: $BTC
• Timeframe: 1 Minute
• Confidence: 76.6%
• Maturity: 80.6%

⚠️ What This Means:
The narrowing channel between the steeper resistance line and the less steep support line is a classic Rising Wedge a bearish formation that signals momentum exhaustion. Price is being squeezed upward, but volume is fading, and history tells us the resolution is usually to the downside.

Don't be fooled by the higher prices. This pattern typically breaks DOWN, not up.

📌 Key Things to Watch:
✅ A breakdown below the lower support trendline = Bearish confirmation
✅ Watch for a retest of broken support turned resistance
✅ High volume on the breakdown = stronger move down

🧠 Pattern detected by @ChartScout | chartscout.io

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