$BTC is attempting a recovery after sweeping liquidity near $79,800. ๐
Price is back around $82,288, up 0.83%, and has reclaimed the short-term moving averages on the 4H chart. But thereโs still resistance overhead, so bulls need confirmation before getting too confident.
BTC LONG SETUP ๐
Entry: $82,000โ$82,350
๐ฏ TP1: $83,450
๐ฏ TP2: $84,330
๐ฏ TP3: $84,720
๐ Stop Loss: $79,600
If BTC holds the entry zone and breaks through resistance, the relief bounce could continue toward the targets. But rejection near resistance could send price lower again.
Personally, Iโd watch for confirmation rather than chase the bounce blindly.
Would you take this BTC long or wait for a confirmed breakout? ๐
NFA. DYOR. Manage your risk.
Price is back around $82,288, up 0.83%, and has reclaimed the short-term moving averages on the 4H chart. But thereโs still resistance overhead, so bulls need confirmation before getting too confident.
BTC LONG SETUP ๐
Entry: $82,000โ$82,350
๐ฏ TP1: $83,450
๐ฏ TP2: $84,330
๐ฏ TP3: $84,720
๐ Stop Loss: $79,600
If BTC holds the entry zone and breaks through resistance, the relief bounce could continue toward the targets. But rejection near resistance could send price lower again.
Personally, Iโd watch for confirmation rather than chase the bounce blindly.
Would you take this BTC long or wait for a confirmed breakout? ๐
NFA. DYOR. Manage your risk.