$BTC

,♥️Buy Zone (Entry Point)

Support Area: Around $95,000 – $94,000

Reason: This zone is near the 25-period MA (currently ~$95,661.86) and also above a recent consolidation level.

Additionally, it's just above previous support at $92,800, showing buyers stepped in there earlier.

2. Stop Loss (SL)

Recommended SL: Below $92,500

Reason: The last swing low is around $92,800. Placing your SL just below this ensures protection in case BTC breaks downward with strong momentum.

3♥️. Take Profit (TP) Targets

TP1: $97,800 – $98,000

Just below recent high ($97,895.68) to catch a possible quick reversal.

TP2: $100,000+

Psychological level and probable resistance if bullish momentum continues.

Risk-Reward Estimate

Entry♥️: ~$94,500

SL: ~$92,500 (Risk = $2,000)

TP1: ~$98,000 (Reward = $3,500) → Risk:Reward ~1:1.75

TP2: ~$100,000 (Reward = $5,500) → Risk:Reward ~1:2.75

Trend and Indicator Insights

Price is still above the 99-period MA ($91,459.57), indicating overall bullish trend on the 4H chart.

MA(7) is turning down — sign of short-term pullback.

Volume shows a slight decline — indicating temporary consolidation or a potential bounce.