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Avi S
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Bitcoin (BTC/USDT) is currently trading around the 87,800 zone on the 5-minute timeframe after a strong intraday sell-off. Price has taken support near a demand area and is now showing a short-term consolidation with a mild pullback. The marked green zone represents a potential upside target if momentum shifts bullish, while the red zone highlights the risk and stop-loss area below support. This setup reflects a classic risk-reward based trade idea used by intraday and scalping traders. A breakout above the recent high could trigger a recovery move, while a breakdown below support may lead to further downside.
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Bitcoin (BTC/USDT) is currently trading around the 87,800 zone on the 5-minute timeframe after a strong intraday sell-off. Price has taken support near a demand area and is now showing a short-term consolidation with a mild pullback. The marked green zone represents a potential upside target if momentum shifts bullish, while the red zone highlights the risk and stop-loss area below support. This setup reflects a classic risk-reward based trade idea used by intraday and scalping traders. A breakout above the recent high could trigger a recovery move, while a breakdown below support may lead to further downside.
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