$BTC just swept liquidity into a rising trendline that has held multiple times.
That yellow circle is the key area I’m watching.
Price rejected quickly and reclaimed above the intraday low, which is what you want to see if buyers are still in control.
How I’m reading this:
- Structure remains higher lows on the local timeframe
- Trendline support aligns with prior consolidation
- Momentum reset after the pullback, not a breakdown
- As long as $BTC holds this trendline, this looks like a healthy pullback.
A clean bounce here opens the door for a push back toward the 94.5k–96k resistance zone.
Lose this level and the story changes. $WAL
Hold it, and dips continue to look buyable.
