$BTC Short Entry Signal (Bearish Setup)
✅ Signal Confirmation:
Price rejected from 106,497.1 after a strong rally.
Bearish engulfing candle followed by a sharp drop.
🔽 $BTC Short Entry:
Entry Zone: Around 103,500 – 103,800 (on slight bullish retracements or weak green candles).
🛑 Stop Loss:
Above recent lower high or resistance: 104,900
🎯 Target Zones:
Take Profit 1: 102,500 (recent low support)
Take Profit 2: 101,800 (next support zone)
🔼 $BTC Long Entry Signal (Bullish Reversal Setup)
⚠️ Not ideal yet, but potential if support holds
Price near recent low (102,285.3), trying to form a base.
Needs confirmation with bullish divergence or strong green candle + volume.
🟢 Long Entry (Only if conditions met):
Entry Zone: Around 102,300 – 102,600 on bullish confirmation (e.g. bullish engulfing or MACD crossover)
🛑 Stop Loss:
Below recent wick low: 101,900
🎯 Target Zones:
Take Profit 1: 103,500 (previous support now resistance)
Take Profit 2: 104,800