The chances of the same pattern playing out a third time are just 25%.🧘

With rising open interest and increasing short positions, it suggests the market may move in the opposite direction. $BTC

.....

- *Pattern*: Descending channel breakdown followed by a sharp drop; now forming a potential reversal with an upward pink arrow indicating a bullish move.

- *Key levels*:

- Immediate support: ~64,000 USDT.

- Resistance: the upper channel line near 72,000–76,000 USDT.

- *Entry for long*: Break above 68,000 USDT with strong volume → enter long.

- *Targets*: 72,000 → 76,000 → 80,000 USDT.

- *Stop‑loss*: Place below 65,000 USDT to protect against further downside.

#Trade Now 👇