BTCUSDT continues to trade within a broader corrective structure after reacting from the main supply zone near ATH. Price is currently respecting a rising support trendline while compressing below the weak supply zone, forming a higher-low sequence within a corrective channel.
As long as base support holds, a continuation toward the weak supply zone around the 108K region remains viable. However, failure to hold this structure opens the door for a deeper bearish extension toward the projected demand area near 76.5K.
Market direction from here will be dictated by acceptance or rejection at current levels, making this a critical decision zone for the next major move.
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
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