$BTC 👈👈 click here to trade
Strong Bullish Move: A large green candle on the 7th indicates strong buyer momentum and a breakout from consolidation.
Resistance Zone: Around $97,200 - $97,500 (previous rejection wick).
Support Zone: Around $94,800 - $95,000 (last higher low before breakout).
Minor Rejection: Price pulled back slightly after the recent high but still above key support levels.
Trade Setup
1)For Long (Buy) Trade
Entry: Around $96,100 – $96,300 (wait for small retracement or bullish confirmation on this zone)
Target (TP):
TP1: $97,200
TP2: $97,800
Stop Loss (SL): Below previous swing low, around $95,000
2)For Short (Sell) Trade
Entry: If price strongly rejects from $97,200 – $97,500 with bearish engulfing or reversal wick
Target (TP):
TP1: $96,000
TP2: $95,000
Stop Loss (SL): Above $97,800
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