BTC - Buy the Channel Retest? 📈🐂

[theSignalyst]

BTCUSD has been climbing inside a clean ascending channel. Price is rotating into the lower bound and the reclaimed support area near 110K–112K.

This zone is key . It aligns with channel support and the dynamic MA—solid confluence where buyers have reacted before. As long as this base holds, I’ll look for trend-following longs toward 120K, then 130K–135K at the channel top .

If price closes decisively below the blue support, I’ll step aside and reassess a deeper pullback before the next leg up .

What’s your move — buy the dip at channel support, or wait for fresh momentum to kick in?

*️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr*

[Nahid10]

That confluence looks strong I’m leaning toward dip buys here.

[Trader Tilki]

Good work