$BTC is trading near the 88,200 area, consolidating after a sharp recovery from the recent sweep below support. Buyers are clearly defending the lower zone while price continues to press against short-term resistance, creating a tight compression range. This kind of structure often leads to an expansion move, and as long as $BTC holds above the 87K support region, bullish continuation remains favored. However, rejection from the upper range can still offer short-term downside opportunities.

Trade Setup (Long):

Entry Zone: 87,900 – 88,300

Target 1: 89,200

Target 2: 90,400

Target 3: 91,800

Stop-Loss: 86,800

Alternate Scenario (Short):

Shorts become valid on strong rejection from the 88,400–88,600 zone, with downside moves targeting the mid-range support first.

A clean breakout above resistance can accelerate momentum quickly, while failure to hold support may invite a corrective move. Risk management is key as volatility remains elevated.

#BTC #CryptoMarket #BinanceSquare

BTC

88,211.17

+0.48%