đ $BTC â Bullish Long Setup | Recovery Bounce in Focus! đą
LONG đą
đ Entry Zone: $80,550â$80,700
đ Stop Loss (SL): $80,200
đŻ Take Profit Targets:
- TP1: $80,800
- TP2: $81,000
- TP3: $81,300
đ Market Analysis:
BTC is attempting to recover after bouncing from recent lows near $79,400 on the 4H chart. Buyers are showing signs of renewed interest, but stronger confirmation is needed before expecting a sustained move higher.
The key level to watch is $81,000. Reclaiming this area could strengthen bullish momentum and open the path toward $81,300. Until then, the recovery remains vulnerable to rejection and another pullback.
đ Key Levels:
- Recent Low: $79,400
- Entry Zone: $80,550â$80,700
- Key Resistance: $81,000
- Upside Targets: $80,800 / $81,000 / $81,300
- Invalidation Level: $80,200
â ïž Risk Note: The first target is only $100â$250 above the entry zone, depending on the entry price, while the stop loss is $350â$500 below it. This creates a relatively tight reward-to-risk profile for TP1, so account for fees and slippage and consider whether the trade meets your risk criteria.
Bullish bias if buyers sustain the recovery and reclaim $81,000. đ
Buy and Trade $BTC here đ
DYOR.
LONG đą
đ Entry Zone: $80,550â$80,700
đ Stop Loss (SL): $80,200
đŻ Take Profit Targets:
- TP1: $80,800
- TP2: $81,000
- TP3: $81,300
đ Market Analysis:
BTC is attempting to recover after bouncing from recent lows near $79,400 on the 4H chart. Buyers are showing signs of renewed interest, but stronger confirmation is needed before expecting a sustained move higher.
The key level to watch is $81,000. Reclaiming this area could strengthen bullish momentum and open the path toward $81,300. Until then, the recovery remains vulnerable to rejection and another pullback.
đ Key Levels:
- Recent Low: $79,400
- Entry Zone: $80,550â$80,700
- Key Resistance: $81,000
- Upside Targets: $80,800 / $81,000 / $81,300
- Invalidation Level: $80,200
â ïž Risk Note: The first target is only $100â$250 above the entry zone, depending on the entry price, while the stop loss is $350â$500 below it. This creates a relatively tight reward-to-risk profile for TP1, so account for fees and slippage and consider whether the trade meets your risk criteria.
Bullish bias if buyers sustain the recovery and reclaim $81,000. đ
Buy and Trade $BTC here đ
DYOR.
