breakout volume Archives - Coin Engineer https://coinengineer.net/blog/tag/breakout-volume/ Btc, Coins, Pre-Sale, DeFi, NFT Tue, 13 May 2025 17:04:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png breakout volume Archives - Coin Engineer https://coinengineer.net/blog/tag/breakout-volume/ 32 32 Bitcoin At A Crossroads: Breakout Or Breakdown? https://coinengineer.net/blog/bitcoin-at-a-crossroads-breakout-or-breakdown/ https://coinengineer.net/blog/bitcoin-at-a-crossroads-breakout-or-breakdown/#respond Tue, 13 May 2025 17:00:54 +0000 https://coinengineer.net/blog/?p=42286 Sometimes, the crypto market feels unusually quiet — but that calm often precedes major moves. We are in such a phase right now. All eyes are on Bitcoin as it tests a bearish Order Block zone on the hourly chart. This zone has previously acted as a strong resistance level, where selling pressure intensified. Now,

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]]> Sometimes, the crypto market feels unusually quiet — but that calm often precedes major moves. We are in such a phase right now. All eyes are on Bitcoin as it tests a bearish Order Block zone on the hourly chart.

This zone has previously acted as a strong resistance level, where selling pressure intensified. Now, Bitcoin is once again challenging it, and the market awaits either a breakout or rejection.

Target Ahead: 105,806$

Should Bitcoin manage to break above this zone with strong volume, the next key resistance lies at 105,806$. A successful breakout could signal renewed bullish momentum and shift broader sentiment across the crypto space.

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Caution: Rejection Could Trigger 102,794$ Pullback

However, if BTC faces a strong rejection at this level, the first downside target would be the 102,794$ support. A break below this level could pave the way for a deeper correction.

Bitcoin
BTC/USDT pair hourly chart.

Traders are advised to closely monitor volume and candlestick patterns. The price action in this zone could set the tone for the days ahead.

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