$BTC /USDT – Long Opportunity from Demand Zone
Bitcoin is showing a strong bounce from the demand block near 103,000, with bullish momentum picking up on the 30m timeframe.
Trade Setup:
Entry: 104,694
Take Profit: 105,372
Stop Loss: 102,854
Key Observations:
Price tapped a strong historical support zone and sharply reversed.
Bullish engulfing candle confirms interest from buyers.
Risk-reward looks healthy with a well-defined invalidation zone.
This setup favors a short-term bullish continuation toward the TP zone. Manage risk wisely as $BTC remains volatile.
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