$BTC
is holding a strong bullish structure with higher highs and higher lows on the intraday timeframe. Price is consolidating just below a key resistance zone after an impulsive move, signaling healthy continuation rather than exhaustion. Volume remains supportive, indicating buyers are still in control.
TECHNICAL CONFLUENCE:
Bullish market structure intact
Consolidation above previous breakout zone
Momentum favoring upside continuation
No major breakdown signal on lower timeframes
TRADE PLAN — LONG SETUP:
Entry: On a confirmed breakout and hold above the consolidation high
TP1: Previous intraday high
TP2: Extension toward the next psychological resistance
TP3: Momentum continuation zone above resistance
SL: Below the consolidation support / last higher low
BIAS: Bullish continuation unless structure breaks
RISK MANAGEMENT:
Risk only 1–2% per trade, move stop loss to breakeven after TP1, and avoid over-leveraging in high-volatility conditions.
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