🚀 $BTC LONG SETUP – Buyers Defending Support.
Potential Recovery Ahead.
Long Entry: 73,900 - 74,100
TP1: 74,800
TP2: 75,200
TP3: 75,733
SL: 72400
Setup Logic:
On the 1H timeframe, $BTC has experienced a sharp sell-off followed by a recovery attempt. Price is currently consolidating near the 73,800–74,100 support zone, where selling pressure appears to be slowing down.
The recent price action suggests that sellers are struggling to push price significantly lower, creating the possibility of a short-term relief bounce. We are looking for buyers to defend the current support area and gradually regain bullish momentum.
A successful hold above support, followed by a break of the nearest short-term resistance, could trigger an upward recovery toward our target levels.
This setup aims to capture a potential rebound from the current support zone following the recent bearish move.
Potential Recovery Ahead.
Long Entry: 73,900 - 74,100
TP1: 74,800
TP2: 75,200
TP3: 75,733
SL: 72400
Setup Logic:
On the 1H timeframe, $BTC has experienced a sharp sell-off followed by a recovery attempt. Price is currently consolidating near the 73,800–74,100 support zone, where selling pressure appears to be slowing down.
The recent price action suggests that sellers are struggling to push price significantly lower, creating the possibility of a short-term relief bounce. We are looking for buyers to defend the current support area and gradually regain bullish momentum.
A successful hold above support, followed by a break of the nearest short-term resistance, could trigger an upward recovery toward our target levels.
This setup aims to capture a potential rebound from the current support zone following the recent bearish move.
