Currency $BTR
Touched a resistance area and reacted immediately 💥
BTRUSDT Perp
Price: 0.13294 (+46.91%)
A clean breakout on the 4-hour chart from the range of 0.09, followed by a direct vertical surge towards the supply area at 0.14 — with a clear rejection from the same area (precisely identified).
The area 0.14–0.145 is considered a previous distribution area.
If the price fails to hold above 0.135, a correction is expected.
Short-term outlook:
As long as BTR trades below 0.142, momentum is likely to cool down.
Breaking the level of 0.135 could push the price towards the next support at 0.120–0.110.
Continued upward trend requires a strong close on the 4-hour chart above 0.145 with high trading volume — which could open the way towards 0.16–0.18.
After a +50% rise in one day, taking profits is very normal.
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