$BTC 👈👈 click here to trade
Trend: Short-term downtrend, with lower highs and lower lows.
Sharp rejection seen near $97,600 (resistance zone).
Price is near minor support at ~$95,000, a psychological and technical level.
No strong bullish reversal pattern yet, but short-term bounce is possible if support holds.
A)Scalping Setup (Bullish Bounce):
Long Trade Idea (If $95,000 holds):
Entry: ~$95,500
Target: $96,300
Stoploss: $94,880 (below recent wick/support)
Risk-Reward Ratio: ~1:2
B)Breakdown Short Setup (If $95K fails):
Short Trade Idea (Break of $95K support):
Entry: $94,900 (on breakdown confirmation)
Target: $93,700
Stoploss: $95,550
Risk-Reward Ratio: ~1:2.1