$BTC Intraday Setup
BTC is looking pretty strong on the 1H chart right now. After breaking above the 73k area, price pushed quickly to the 74.4k zone and is now slightly pulling back. The structure still looks bullish as price is holding above the EMA 8 and EMA 33, which usually signals buyers are still in control.
RSI is around 68, so the market is a bit hot in the short term. Because of that, a small dip or sideways movement before the next push would be completely normal.
Trade idea (intraday):
📈 Long: 73,200 – 73,400 area
🎯 Targets: 74,500 / 75,200
🛑 Stop Loss: 72,600
As long as BTC stays above 73k, the momentum favors the bulls and another test of the recent high is possible. But if price drops below 72.6k, the setup becomes weaker and we could see a deeper pullback.
Always manage risk and don’t overleverage.
BTC is looking pretty strong on the 1H chart right now. After breaking above the 73k area, price pushed quickly to the 74.4k zone and is now slightly pulling back. The structure still looks bullish as price is holding above the EMA 8 and EMA 33, which usually signals buyers are still in control.
RSI is around 68, so the market is a bit hot in the short term. Because of that, a small dip or sideways movement before the next push would be completely normal.
Trade idea (intraday):
📈 Long: 73,200 – 73,400 area
🎯 Targets: 74,500 / 75,200
🛑 Stop Loss: 72,600
As long as BTC stays above 73k, the momentum favors the bulls and another test of the recent high is possible. But if price drops below 72.6k, the setup becomes weaker and we could see a deeper pullback.
Always manage risk and don’t overleverage.