$BTC
Market Event: Price wicked below range support and quickly reclaimed it, indicating downside rejection.
Momentum Implication: Reclaim suggests trapped shorts and potential push back toward highs.
Levels:
• Entry Price (EP): 74,200 – 74,800
• Trade Target 1 (TG1): 76,000
• Trade Target 2 (TG2): 77,500
• Trade Target 3 (TG3): 79,000
• Stop Loss (SL): 73,400
Trade Decision: Long bias while price holds above reclaimed support.
Close: Strength persists if 74,000 remains defended.
BTC
76,397.16
-0.79%