The Elephant Jungle 6/23/26 Page 6

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The Elephant Jungle 6/23/26 Page 6BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PRedElephant420So today we have been trading inside a smaller range, and we will call this Inside Range 3. It looks like we had a Failed Model 2 Distribution, and now the Bulls are trying to push for a breakout from this range. If we break out to the upside, I will be watching for a back test of the range. From there, I would look for a long into the 45m Order Block, where I would then start looking for a potential short reaction. I am also keeping an eye out for a range deviation to the downside, just in case the Bulls are not ready to take full control and the Bears step back in. Either way, the market is giving us two clear paths, and both require patience and confirmation. That is the plan for today. I would love to hear your thoughts on the market, so drop them in the comments. And like always, trade safe, use proper risk management, and wait for your levels and confirmations. Until next time.