If you are looking to position on the long side given the broader privacy narrative and ETF inflow momentum, look for a controlled retest rather than chasing green candles.
Entry Strategy:
Option A (Pullback): Scale in on a dip toward the $1,250 – $1,280 support zone if broader market volatility offers a flush.
Option B (Breakout): Enter on a confirmed 4-hour candle close above $1,380 with rising volume.
Scenario A: The Direct Breakout Continuation (Aggressive) * Trigger: Sustained 15-minute or 1-hour candle closes above $0.295 accompanied by rising volume. * Entry: Market execution on confirmation of the level holding as short-term support. * Take-Profit Targets: * TP1: $0.34 * TP2: $0.39+ (Prior high-volume resistance pocket) * Stop-Loss: $0.272 (Tucked just below the breakdown threshold of the $0.29 pivot).
🚀🚀🚀WARNING: Don’t get trapped by this move on $BTC right now!
The market just wiped out massive leverage, and retail traders are panicking. But if you look closely at the order books and open interest, a classic liquidity hunt is playing out.
Here is my exact game plan for today:
📍 Key Levels to Watch:
• Support Zone: Holding firm around $77,000. If this breaks, expect a fast sweep downward.
• Resistance / Rebound Target: Looking for a quick relief bounce back toward upper liquidity pools if volume steps back in.
💡 The Play: I’m sitting on my hands waiting for confirmation rather than market-ordering blindly. Patience pays more than leverage right now.
Are you longing the dip here or staying in cash? Let’s talk strategy below 👇
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