BTCUSDT: Compression Before the Move (IH&S Inside Triangle)
Hi!
Price is still moving inside a symmetrical triangle, showing clear compression and indecision. An inverse head & shoulders is visible, but the breakout so far is weak and needs confirmation.
Short-term expectation:
A push-up is likely toward the gray resistance zone around 91,330. From there, a reaction/pullback is expected, with the price potentially dropping back toward the bottom line of the triangle.
Key scenarios:
Bullish: Clean break and hold above the upper trendline targets 93,200 93,500
Bearish: Rejection from resistance and breakdown of the lower trendline downside toward 89,400 89,000
This is still a patience zone. Let price show its hand before committing.