BTC is holding just above the 28,900 level, eyeing the next resistance at 30,200. Volume spikes hint at a push beyond the 30k mark.
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$BTC LONG ๐
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๐ Entry Range: $79,235.59 โ $79,394.21
๐ Stop Loss: $76,935.45 (-3.0%)
๐ฏ TP1: $80,504.62 (+1.5%)
๐ TP2: $83,280.65 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 65%
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A bullish CHoCH broke the prior swing low, backed by a rising CVD that confirms buying pressure. The price sits in a fair value gap overlapping an order block, creating a POI where OB and FVG intersect. Structure shows higher lows and a tightening range, supporting a long entry.
A 3.0% stop is relatively tight, so 5x leverage keeps risk manageable.
Take half profit around the 30,500 target to lock in the first leg.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$BTC #BTCUSDT #crypto #TradingSignals #Write2Earn