Bullish Pennant Setting Up for the Next Leg!

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Bullish Pennant Setting Up for the Next Leg!Bitcoin / TetherUSBINANCE:BTCUSDTLiphiwe3Bitcoin is currently forming a bullish pennant β€” a classic continuation pattern β€” right after a strong 14% impulse move. This type of structure often leads to a breakout followed by another powerful rally. And it’s coiling up nicely. 🧠 Technical Breakdown: 🟒 Bullish pennant formation in progress πŸ”½ Support zone: $115.5K – $116.5K πŸ“ Flagpole projection targets $135K+ on breakout ⚠️ Currently consolidating with lower volatility β€” breakout could be near πŸ” What to Watch For: Clean breakout above pennant = breakout confirmation Daily close below $115K = invalidation zone Volume spike will likely signal the next move πŸ“’ Final Take: BTC is showing healthy consolidation after a strong move, and this pennant could launch us toward $135K and beyond. Keep your eyes on the breakout and manage risk wisely.