BINANCE:OMUSDT flirting with the key pivot zone at $7.00. If bulls can hold it as support, next leg likely targets $7.50+. Lose it, and we visit $6.60 again. Choppy conditions, but structure matters.
BINANCE:OMUSDT just backtested a broken trendline on the 4H and held. That’s a strong bullish signal. As long as price holds above $6.90, this setup favors upside to $7.80.
Bulls need to reclaim $7.44 on BINANCE:OMUSDT for any serious upside. Until that breaks, this is just a range with $6.60 as the bottom. Momentum favors the prepared.
Pay Attention....There's no upward move expected as of yet. In a perfect world it would have been buying now...don't buy now, we have to first fetch liquidity
Momentum shift incoming on $OMUSDT. Price holding above $6.80, RSI grinding up, and OBV ticking higher. That’s positioning — not hype.
Bitcoin has formed a clear double bottom on the 4-hour chart, bouncing off a strong support zone, which suggests a potential short-term relief rally. Given the technical setup, we could see an initial move upward as liquidity builds. One key level to watch is the CME gap around GETTEX:87K , which often acts as a magnet for price action. This would be a logical first take-profit target for short-term traders. If momentum continues and $90K—a notable resistance level—is broken with strong volume, the next upside target could be around $95K, where a significant amount of short liquidity is positioned. A break above that level could trigger further short liquidations, potentially fueling a larger move. For now, price action remains key—holding support and reclaiming resistance levels will determine whether BTC can sustain this move or if it remains a short-term bounce within a broader range.
The 4H 200 EMA on BINANCE:OMUSDT is sitting at $7.35. That’s the line in the sand for trend continuation. Reclaim it = bullish. Reject again = back to $6.60.
Watch that mid-range level on $NASDAQ:OMUSDT — around $7.00. If price starts closing candles above there with volume, it’s game on for $7.50-$8.00. Chop is just part of the setup.
The analysis here shows that we had a Daily Reject of the .618 Golden Zone at 2,840. Since then we have created market structure to the upside. Although we have not had a clean break of market structure, there is a head and shoulders pattern that has formed on the 4H time frame. If you bump down to the lower time frame there is another head and shoulders forming in the right shoulder of the higher time frame head and shoulders. Along with those confluences, price has tried to break the 2,895 six times but has closed above this area. You can argue we haven't been able to close above the 2,293 four hour resistance. But it has only tested and held three times. Where as the 2,895 level was tested six times and held, arguably making it stronger. We did close below the 2,910 Daily Level but the final candle of the week closed as a bullish engulfing. There is potential to see some bearish momentum hunting stop losses before the bullish move upwards. But I personally will only be looking for longs coinciding with Gold Fundamentals and analysis unless there is a big fundamental shift.
Gold tests key resistance as Iran refuses nuclear talks with Trump, fueling market uncertainty. The rejection of diplomatic negotiations adds to geopolitical tensions, pushing investors toward safe-haven assets. As price hovers near the breakout zone, a confirmed move above resistance could ignite a strong bullish rally. Traders watch closely—will gold launch from here?