$BTC
BTCUSDT
Perp
90,382
-0.75%
LONG TRADE SETUP – 1H TIMEFRAME
Bitcoin is holding strong near a key demand zone after a healthy pullback from the recent high. The selling pressure has clearly slowed down, and the recent candles show stabilization with long lower wicks, indicating buyers are stepping in around the 89.5k–90k area. This kind of price action often signals accumulation before the next move up.
If BTC maintains support above this zone, a bullish continuation toward the previous resistance levels is likely. A confirmed push with sustained buying can bring momentum back in favor of bulls.
Trade Plan (Long Setup):
Entry zone: 89,800 – 90,200
Target 1: 91,200
Target 2: 92,200
Stop Loss: 89,000