BTC dipped below $78K while everyone was watching. Here's why I'm still long đ
Price sitting at $77,700 after a -1.61% slide. 4H RSI dropped to 44.5 â bearish but not panic territory. Daily RSI? Still a strong 70.2 with MACD expanding (+792). The bigger picture hasn't changed.
The Setup:
Price is below the 4H 7-SMA ($77,739) but holding above key support. Volume is declining at 0.34x average â sellers aren't committed. This smells like a healthy pullback inside a bullish structure.
Trade Plan (LONG):
đ Entry: $77,238 - $78,162
đ Stop: $76,498
đŻ TP1: $80,808
đŻ TP2: $83,916
đŻ TP3: $87,024
The daily chart still favors bulls. This dip could be the last discount before the next push above $80K.
Are you buying this dip or waiting for $75K? Drop your level below đ
#BTC #Bitcoin #DYOR
â ïž This is not financial advice. Always do your own research and manage risk carefully.
Price sitting at $77,700 after a -1.61% slide. 4H RSI dropped to 44.5 â bearish but not panic territory. Daily RSI? Still a strong 70.2 with MACD expanding (+792). The bigger picture hasn't changed.
The Setup:
Price is below the 4H 7-SMA ($77,739) but holding above key support. Volume is declining at 0.34x average â sellers aren't committed. This smells like a healthy pullback inside a bullish structure.
Trade Plan (LONG):
đ Entry: $77,238 - $78,162
đ Stop: $76,498
đŻ TP1: $80,808
đŻ TP2: $83,916
đŻ TP3: $87,024
The daily chart still favors bulls. This dip could be the last discount before the next push above $80K.
Are you buying this dip or waiting for $75K? Drop your level below đ
#BTC #Bitcoin #DYOR
â ïž This is not financial advice. Always do your own research and manage risk carefully.