$BTC — Looking to bounce from daily support at $79,254
$BTC
Entry at $79,500 (limit from support at $79,254)
TP1 at $80,200 (within 1 ATR)
TP2 at $80,700 (to EMA 21)
SL at $78,900 (break low = invalid) R:R ~ 1:2
weightedConfidence 7/10 Reason: BTC has corrected from $81,958 to $79,254 (yesterday's swing high). RSI 42 indicates selling pressure is starting to fade. A Bullish Engulfing and Piercing Line appeared at 09:00 — an early sign of buyers stepping in. Support at $79K is a psychological area + fib 0.78, makes sense for a scalping bounce.
$BTC
Entry at $79,500 (limit from support at $79,254)
TP1 at $80,200 (within 1 ATR)
TP2 at $80,700 (to EMA 21)
SL at $78,900 (break low = invalid) R:R ~ 1:2
weightedConfidence 7/10 Reason: BTC has corrected from $81,958 to $79,254 (yesterday's swing high). RSI 42 indicates selling pressure is starting to fade. A Bullish Engulfing and Piercing Line appeared at 09:00 — an early sign of buyers stepping in. Support at $79K is a psychological area + fib 0.78, makes sense for a scalping bounce.