Direction: Neutral-to-bullish. Testing resistance on a descending trendline breakout; daily pattern suggests bullish continuation if support holds.
Key Levels:
Resistance: $112,000–$113,000 area (previous highs)
Support: $105,000–$106,000 zone (green highlight)
Signal:
Entry: Long near $108,500–$109,000 — aggressive bounce, or wait for a breakout above $112,000.
TP:
First target: $113,000
Extended target: $118,000–$120,000 on breakout momentum
SL: $105,000 (clear break invalidates upside view)
