BTCUSDT – Bullish Reversal Building Up | 1H Chart AnalysisBitcoin / TetherUSBINANCE:BTCUSDTSwingTrade_ConceptBtcudt is trading near $103,600, showing early signs of recovery after rebounding from the $101,500–$102,000 support area. Price action is shaping an ascending channel, with both boundaries clearly respected. The recent bounce from the lower boundary highlights renewed demand within the structure. As long as BTC holds above 102,000, short-term momentum may favor further testing of higher resistance zones. Potential resistance lies near $105,500, $106,800, and $107,000, aligning with the channel’s upper range. A decisive break below 101,500 would invalidate the current bullish structure and shift bias to neutral. Structure: Ascending Channel Market Bias: Mildly Bullish (above 102,000) Key Levels: 101,500 (support), 105,500–107,000 (resistance zones) Disclaimer This analysis is for educational purposes only and does not constitute financial advice.