$BTCUSD LOOKS BULLISH – STOP LOSS HUNT COMPLETED, NEXT LEG UP EXPECTED 🚀
Price action on $BTCUSD shows a clear rejection from the recent support zone after triggering multiple stop-loss orders below $X,XXX (key liquidity area). This signals that smart money has absorbed selling pressure, and the market is now primed for a bullish continuation. The break of the minor downtrend line confirms buyers stepping back in.
Trade Setup:
Entry (Long): $X,XXX – $X,XXX (on minor dips)
Take Profit (TP): $X,XXX (short-term target), $X,XXX (extended target)
Stop Loss (SL): $X,XXX (below recent swing low)
Market Outlook:
Momentum indicators (RSI & MACD) are turning up from oversold territory, suggesting the next move is likely to be bullish. As long as price holds above the breakout zone, upside targets remain valid.
#BTC #CryptoTrading #TechnicalAnalysis #StopLossHunt #BullishSetup buy and trade here on
$BTC