$BTC /USDT — Compression Before the Next Move

BTCUSDT

Perp

87,906

+0.41%

Bitcoin is coiling up after a rejection from the upper range, trading in a tight box with momentum slowing on lower timeframes. Price is sitting near an important intraday support, and the recent downside wick shows buyers are still active, but conviction is missing. This kind of compression usually precedes a sharp move, so patience is key until direction confirms.

📥 Entry Range: 86,950 – 87,150

🎯 Targets:

• TP1: 87,580

• TP2: 87,870

🛑 Stop Loss: 86,550

📊 Bias:

Neutral-to-bullish while support holds. A clean break above range resistance can trigger upside continuation, while loss of support invalidates the setup. Trade the levels, not the noise.