BTCUSD (1D)

The price is still above the neckline of the inverted head and shoulders pattern.
The area 112,300–112,100 is my support, the daily demand area + the price has tested the ( Inverted head and shoulders model ).

Any organized pullback from here keeps the scenario of resuming the upward trend alive.

For me currently: As long as the daily close is above 112k, the positive picture continues, and even if there is a liquidity pull under it with short wicks followed by a return above, this is considered accumulation, not a breakdown. Any clean test of the 112,300–112,100 area with a reversal/engulfing candle on the daily = an opportunity to resume the trend.

Breaking and stabilizing above 118k–120k restores momentum and opens gradual targets:

124,165

129,386

134,225

Continuation of the wave movement towards 144,413 then 153,716 if the momentum continues in the fourth quarter if the momentum continues to increase.

Scenario failed: a clear daily close below 108k ( a clear break of the neck line and the gray area ) takes us back to a wider range and delays the upper targets but expands them in the future.

Summary: The general trend is still upward as long as we are above the model, and the 112k area represents the current floor for movement. I treat the current drop as a correction for re-centering, not as a change in direction.

(⚠️This is not investment advice)

#Cryptomaxx $BTC