BTC is teasing a breakout – Don’t get caught on the wrong side. ⚠️
The market is showing clear signs of consolidation after that massive liquidity sweep to the downside. The smart money is positioning while retail is still sweating.
Direction: $BTC – LONG 📈
Trade Plan
Entry: 74,600 – 74,700
SL: 73,150 (below recent wick)
TP1: 75,500 (24h high)
TP2: 76,200
TP3: 77,500
Why this setup?
Market Structure: Price held support after the 73,256 dump and is now carving out higher lows.
Momentum: RSI(6) is stabilizing around 47, suggesting the bearish momentum is exhausted and ready for a bounce.
Supertrend: The 1H chart is actively respecting the support level, signaling a potential trend reversal to the upside.
Do you think BTC has the fuel to crush the 75,500 resistance today, or are we just seeing a dead cat bounce?
Watching this closely. Let's get it. 🚀
