BTCUSD Range Breakout & Trendline Retest | Key Support in Focus

Bitcoin is currently trading inside a range structure after a strong move, respecting both buyer and seller zones. Price previously rejected from the seller zone and is now reacting near a descending trendline (support line).

We can see a clear breakout attempt from the lower structure, followed by a pullback toward the key support level. As long as price holds above this support, a bullish continuation toward TP1 is expected. Failure to hold support may lead to a deeper retracement back into the range.

This setup is ideal for intraday and short-term traders, focusing on breakout + retest confirmation.

Key Levels:

Support Zone: 91,700 – 91,300

Resistance Zone: 93,800 – 94,200

TP1: 89,300 (if rejection) / Upside continuation on hold

Trendline: Acts as dynamic support

Bias:

📈 Bullish above support
📉 Bearish if support breaks

Risk Management:

Always wait for confirmation and use a tight stop-loss below support. Do not over-leverage.