$BTC is attempting a recovery after sweeping liquidity near $79,800. đ
Price is back around $82,288, up 0.83%, and has reclaimed the short-term moving averages on the 4H chart. But thereâs still resistance overhead, so bulls need confirmation before getting too confident.
BTC LONG SETUP đ
Entry: $82,000â$82,350
đŻ TP1: $83,450
đŻ TP2: $84,330
đŻ TP3: $84,720
đ 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, Iâd watch for confirmation rather than chase the bounce blindly.
Would you take this BTC long or wait for a confirmed breakout? đ
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 thereâs still resistance overhead, so bulls need confirmation before getting too confident.
BTC LONG SETUP đ
Entry: $82,000â$82,350
đŻ TP1: $83,450
đŻ TP2: $84,330
đŻ TP3: $84,720
đ 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, Iâd watch for confirmation rather than chase the bounce blindly.
Would you take this BTC long or wait for a confirmed breakout? đ
NFA. DYOR. Manage your risk.