Breakout Or Breakdown?

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Breakout Or Breakdown?Bitcoin / TetherUSBINANCE:BTCUSDTHamza_GoldPrice has recently shown signs of bullish intent after a clear CHoCH (Change of Character), breaking above previous lower highs. This shift suggests potential accumulation following the BOS (Break of Structure) to the downside earlier. Key Levels: Resistance (R) Zone: Currently testing this supply area. A strong close above could confirm continuation. Support Zone: Below, previous demand and BOS zone, likely to act as support if price rejects. Bullish Scenario: A clean breakout and retest of the resistance zone could open up a push towards higher targets, confirming bullish momentum. Bearish Scenario: If price rejects strongly from resistance, we may see a return to the lower support zone and potentially break it to reach the lower target. Watch for confirmation before entering, and manage risk accordingly.