Quick
$BTC Overview
💥 1H timeframe: Price was rejected at the 111,140 resistance zone and is now moving sideways with slight downward correction.
💥 4H timeframe: RSI shows bearish divergence, and the red candle signals a potential short-term reversal. Signs of profit-taking and mild selling pressure are visible.
💥 Liquidation Map:
• Major short liquidations clustered around 112,600 – 113,000
• Long liquidations around 108,700 – 107,000 (many leveraged long positions opened)
🦈 Outlook: BTC may drop toward 109K to absorb long liquidity, then bounce up to sweep short positions.
⬆️ Long Plan:
• If price breaks below 109,900, wait to long around 108,700 – 109,200
• Stop Loss: below 107,500 (adjust to your risk tolerance)
• Take Profit 1: 111,300
• Take Profit 2: 112,800 – 113,800
⬇️ Short Plan:
• Entry 1: 111,100 – 111,300 (already reached, expect possible retest)
• Entry 2: 111,800
• Stop Loss: above 112,300 (adjust to your risk tolerance)
• Take Profit 1: 109,700
• Take Profit 2: 108,700
#ThankyouSatoshi💎