$BTC: Short squeeze and monthly resistance test

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$BTC: Short squeeze and monthly resistance testBTCUSDT Perpetual ContractBYBIT:BTCUSDT.PWall_Street_LevelsBTCUSDT.P Chart shows another short squeeze breaking through the weekly resistance ๐Ÿ“ŠW-Levels and pushing price up to the monthly resistance ๐Ÿ“ŠM-Levels $81650โ€“$84500, where it hit sellers' resistance once again. ๐ŸงฉIMA data shows that ๐Ÿ‹large players are still holding their longs. We also locked in capital inflow on the spot market. Looking at the big picture, the nearest support sits around $78400โ€“$79400 (our weekly ๐Ÿ“ŠW-Levels). We can expect this to be the first zone to see a reaction from ๐Ÿ‹large players for a continued push up to $90000โ€“$93000. If price breaks this weekly support, the next solid level to enter a long is the monthly support ๐Ÿ“ŠM-Levels. I already broke down this scenario in the last review. ๐ŸŸก Trade plan (Long) ๐ŸŸข Entry: $78400โ€“$79400 (weekly support zone on retest) ๐Ÿ›‘ Stop: $77500 (below the daily consolidation zone D-Levels, accounting for potential volatility) Take: $90880, then $98000 โš ๏ธIf the idea was useful โ€” glad to have your support . Analysis based on ๐ŸงฉIMA (Integrated Market Analysis) ๐Ÿ“ŠM-Levels โ€” Institutional Interest Level (IIL) Platform restrictions don't allow publishing closed indicators. I only display the result of the Levels algorithm.