I’m watching $BTC after that sharp push toward the 79,200 area. Price has pulled back to around 79,079, but it’s still holding above the visible 79,042 level and the MA60 around 78,852.
For me, the interesting part is whether buyers can defend 79,042–79,080 and push price back toward the recent high. I’d prefer confirmation around this area rather than chasing the earlier spike. 📊
📍 Entry: $79,042–$79,080
🎯 TP1: $79,131
🎯 TP2: $79,220
🛑 Invalidation: $78,953
If price loses $78,953, I’d step away from this setup because the recent upward move would be losing its nearby support structure.
Volume also shows strong buying during the initial push, followed by smaller candles as price pulled back, so I’m watching the next reaction carefully.
I’m watching the reaction here rather than forcing an entry. Confirmation matters more than chasing the move.
For me, the interesting part is whether buyers can defend 79,042–79,080 and push price back toward the recent high. I’d prefer confirmation around this area rather than chasing the earlier spike. 📊
📍 Entry: $79,042–$79,080
🎯 TP1: $79,131
🎯 TP2: $79,220
🛑 Invalidation: $78,953
If price loses $78,953, I’d step away from this setup because the recent upward move would be losing its nearby support structure.
Volume also shows strong buying during the initial push, followed by smaller candles as price pulled back, so I’m watching the next reaction carefully.
I’m watching the reaction here rather than forcing an entry. Confirmation matters more than chasing the move.