Based on the reading of the attached chart for $BTC /USDT (4-hour timeframe):
The price is going through a local corrective rebound phase after a sharp drop that stabilized near the 76,888 support bottom, along with an early positive crossover in the momentum indicators (KDJ) and a gradual rise in RSI at level 41.
Here’s a quick speculative trade setup (Scalp / Momentum Swing) at the current market price:
🎯 Trade Setup (Scalping / Long Setup)
Entry Price (Market Entry): $77,948 - $77,950
Stop Loss: $77,150 (below the most recent nearby swing low to protect capital)
First Take Profit (TP1): $78,650 (the first immediate resistance level)
Second Take Profit (TP2): $79,650 (the nearby bearish order block / sell-side order cluster)
Third Take Profit (TP3): $80,600 (the higher liquidity volume)
Prefer leverage of 15×
The price is going through a local corrective rebound phase after a sharp drop that stabilized near the 76,888 support bottom, along with an early positive crossover in the momentum indicators (KDJ) and a gradual rise in RSI at level 41.
Here’s a quick speculative trade setup (Scalp / Momentum Swing) at the current market price:
🎯 Trade Setup (Scalping / Long Setup)
Entry Price (Market Entry): $77,948 - $77,950
Stop Loss: $77,150 (below the most recent nearby swing low to protect capital)
First Take Profit (TP1): $78,650 (the first immediate resistance level)
Second Take Profit (TP2): $79,650 (the nearby bearish order block / sell-side order cluster)
Third Take Profit (TP3): $80,600 (the higher liquidity volume)
Prefer leverage of 15×
