I’m looking at $BTC grinding upwards right near its 24h high of 82,543.54, holding firmly above the MA60 line. The momentum is steady, but price is approaching a visible ceiling without strong volume confirmation.
Price is currently trading around 82,477.28 after bouncing off the local low near 80,684.36. While the trend is sloped up, chasing a long directly under resistance at 82,543 is risky. I’d prefer to wait for a slight pullback to the dynamic support offered by the MA60 line around 82,404, or wait for a clean break and hold above the local peak. A drop below the MA60 would invalidate this short-term upward momentum.
📍 Entry: 82,350 - 82,400 (retest of MA60 dynamic support)
🎯 TP1: 82,540 (24h High retest)
🎯 TP2: 82,800
🎯 TP3: 83,200
🛑 Invalidation: 82,150
A close below 82,150 breaks the recent series of higher lows on this lower-timeframe trend and signals a deeper correction toward the 24h low zone.
Watching the reaction at the 24h high before taking any action.
Price is currently trading around 82,477.28 after bouncing off the local low near 80,684.36. While the trend is sloped up, chasing a long directly under resistance at 82,543 is risky. I’d prefer to wait for a slight pullback to the dynamic support offered by the MA60 line around 82,404, or wait for a clean break and hold above the local peak. A drop below the MA60 would invalidate this short-term upward momentum.
📍 Entry: 82,350 - 82,400 (retest of MA60 dynamic support)
🎯 TP1: 82,540 (24h High retest)
🎯 TP2: 82,800
🎯 TP3: 83,200
🛑 Invalidation: 82,150
A close below 82,150 breaks the recent series of higher lows on this lower-timeframe trend and signals a deeper correction toward the 24h low zone.
Watching the reaction at the 24h high before taking any action.