#BTC☀️
Based on the chart, it’s better to avoid entering directly at 83.6K for now. Price is between support and resistance.
📈 LONG setup
Breakout: Above 85,300
Entry: 85,300–85,500
SL: 83,900
TP1: 86,300
TP2: 87,300–87,400
📉 SHORT setup
Breakdown: Below 82,500
Entry: 82,400–82,500
SL: 84,000
TP1: 79,800
TP2: 77,000
Trend: The bigger trend on the daily chart is still recovery/uptrend, but short-term momentum is in a bearish pullback. RSI is around 40 and MACD is negative.
Best plan: Wait for an 85.3K breakout to go LONG, or an 82.5K breakdown to go SHORT. Don’t trade in between.
Based on the chart, it’s better to avoid entering directly at 83.6K for now. Price is between support and resistance.
📈 LONG setup
Breakout: Above 85,300
Entry: 85,300–85,500
SL: 83,900
TP1: 86,300
TP2: 87,300–87,400
📉 SHORT setup
Breakdown: Below 82,500
Entry: 82,400–82,500
SL: 84,000
TP1: 79,800
TP2: 77,000
Trend: The bigger trend on the daily chart is still recovery/uptrend, but short-term momentum is in a bearish pullback. RSI is around 40 and MACD is negative.
Best plan: Wait for an 85.3K breakout to go LONG, or an 82.5K breakdown to go SHORT. Don’t trade in between.