When volatility and disagreement emerge at the same time, I usually ignore sentiment and focus on structure. $BTC has repeatedly tested the same area over the past few days without breaking decisively below the support. After volume contracted, the price has been gradually shifting higher. This pattern looks more like consolidation before an upward test of the previous high than a weakening trend.
Although a few lower highs are capping the price above, the lows on each pullback are converging, suggesting that selling pressure is being absorbed. As long as price doesn’t break below this range with a solid candle, I’m inclined to stick with the long position and wait for it to challenge the upper boundary.
🟢 Trade direction: Long
📍 Entry range: 86182 – 84982
🛑 Stop loss: 84483
🎯 Take profit 1: 86882
🎯 Take profit 2: 87882
There’s no need to chase the prevailing trend; it will come to you.
Stand alongside Sister Li and make every moment count.
#BTC
Click below to trade 👇
Although a few lower highs are capping the price above, the lows on each pullback are converging, suggesting that selling pressure is being absorbed. As long as price doesn’t break below this range with a solid candle, I’m inclined to stick with the long position and wait for it to challenge the upper boundary.
🟢 Trade direction: Long
📍 Entry range: 86182 – 84982
🛑 Stop loss: 84483
🎯 Take profit 1: 86882
🎯 Take profit 2: 87882
There’s no need to chase the prevailing trend; it will come to you.
Stand alongside Sister Li and make every moment count.
#BTC
Click below to trade 👇