Everyone's glued to the $78.6k ceiling but the 4H is coiling below $27,300 for a hidden bounce.
I was flat on the $27,800 swing yesterday, got squeezed, now I think the magnet is pulling back toward $27,500.
**Trade Plan**
$BTC - LONG
Entry: 27,250 – 27,300
SL: 26,800
TP1: 27,800
TP2: 28,200
TP3: 28,600
**Why this setup?**
- 4H RSI sitting at 38, showing oversold momentum while 1D RSI still under 45, hinting a reversal.
- ATR (14) on the 4H is 820, giving enough room for a clean swing back to 27.8k.
- Price respected the $27,300 pivot on the 15m, forming a bullish engulfing that’s now armed.
- Break below $26,800 would invalidate the trade and flip the bias to short.
**Debate:** Are you fading the $27,300 bounce or riding it to $28k?
$BTC
I was flat on the $27,800 swing yesterday, got squeezed, now I think the magnet is pulling back toward $27,500.
**Trade Plan**
$BTC - LONG
Entry: 27,250 – 27,300
SL: 26,800
TP1: 27,800
TP2: 28,200
TP3: 28,600
**Why this setup?**
- 4H RSI sitting at 38, showing oversold momentum while 1D RSI still under 45, hinting a reversal.
- ATR (14) on the 4H is 820, giving enough room for a clean swing back to 27.8k.
- Price respected the $27,300 pivot on the 15m, forming a bullish engulfing that’s now armed.
- Break below $26,800 would invalidate the trade and flip the bias to short.
**Debate:** Are you fading the $27,300 bounce or riding it to $28k?
$BTC
