Price is compressing under a clear descending trendline on the 1H.
Multiple small candles, Low momentum. No strong rejection, no breakout yet. This usually means pressure is building. A clean break above the trendline can trigger a quick bounce.. Rejection here can send price back toward the recent range lows. #CryptoMarketPullback #CryptoRegulationNewProgress #BTC $BTC
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Price is compressing under a clear descending trendline on the 1H.
Multiple small candles, Low momentum.
No strong rejection, no breakout yet.
This usually means pressure is building.
A clean break above the trendline can trigger a quick bounce..
Rejection here can send price back toward the recent range lows.
#CryptoMarketPullback #CryptoRegulationNewProgress #BTC $BTC