$BTC Breakout or Fakeout? Volatility Brews Near Bollinger Top
Bias: Long Setup
Entry Range:
Entry 1: $94,200 (Pullback to Bollinger Midband)
Entry 2: $93,450 (Mid-Bollinger Band support)
Take Profit Targets:
TP1: $94,745 (Bollinger Upper Band)
TP2: $95,200 (Recent resistance zone)
TP3: $95,500
TP4: $95,800 (Extended move toward upper wick area
Stop Loss: $92,154 (Bollinger Lower Band)
Why This Trade?
BTC bounced off $92,910 low and is now testing upper Bollinger band.
Clean 15m trend reversal pattern forming higher lows.
Strong price action just above EMA and mid-band – bullish bias confirmed.
Key Levels to Watch:
Resistance: $94,745 / $95,200 / $95,800
Support: $94,150 / $93,998 / $93,554