$BTC is trading around 88,050, sitting almost exactly on the MA60 (≈88,011), which means price is at a decision zone. Short-term MAs are slightly above current price, showing mild intraday pressure, but the fact that BTC is holding above the 87,700–87,800 support zone (recent intraday base) keeps the structure bullish on lower timeframes. The 24h range (86,074 low → 88,860 high) shows buyers defended dips strongly, and volume isn’t weak — so this looks like consolidation before a move. If BTC breaks and holds above 88,300–88,500, momentum can push toward a retest of the 88,860 high, and after that, psychological 90k becomes magnet territory. On the downside, losing 87,700 opens the door to a sharper correction toward 86,800–86,000 (24h low zone). Overall bias: mild bullish while above 87.7k, but still inside a range — so entries should be level-based, not emotional.
Entry Point: 87,800 – 88,000 (buy on pullback support)
Stop Loss: 86,900 (below structure + near 24h low zone)
Exit / Take Profit 1: 88,850
Exit / Take Profit 2: 89,800 – 90,200
If price instead breaks below 87,700 with strong volume, bullish setup is invalid and market likely shifts short-term bearish.
