out the fresh BTC/USD setup from the chart you sharedāitās š„ and totally worth talking about!
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š§ Market at a Glance
Current price action: Bitcoin is consolidating in a tight zone around $108,000ā$109,000, hovering just below crucial resistance .
Recent move: A sweet push above $108,000, complete with a golden-cross on key moving averagesā20āEMA above 200āSMAāsignals bullish vibes .
Channel positioning: The price is inside a descending channel on daily/weekly charts, now testing the upper trendlineāwaiting for a breakout or a bounce .
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š Core Scenarios for BTC Moves
Scenario Trigger & Strategy SL / TP Zones
Bullish Breakout Candle closes above $108.4kā$108.5k on 4H with volume Entry post-confirmation<br>SL ~107.5k<br>TP1: 110ā110.5k<br>TP2: 112ā113k
Bearish Rejection Rejection at upper channel/resistance without follow-through SL above 109k<br>TP target support zones: 106k ā 103ā104k
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š Helpful Tools & Indicators
**š¢ Volume**: Bullish breakouts were backed by solid volumeākeep an eye for that again .
**š MACD / RSI**: MACDās bullish crossover is strong, but RSI nears overboughtāwatch for potential pullbacks .
**š§© FVG & Support Zones**: Fair Value Gap around $103ā104k may act as a soft landing if rejection occurs .
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š” How to Trade Smart š
1. Wait for a close above $108.5k on 4Hāvolume confirmation is key.
2. Enter only on confirmationāavoid diving in early.
3. Protect your position with SL below $107.5k or below support zones.
4. Scale out profitably near targets: $110k, $112k, and possibly $113k.
5. Stick to your risk planāstrict position sizing and SL discipline keep the game long-term.
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š Community Reminders (Binance Square Style)
Keep it respectful & honestāshare your setups and questions in a friendly vibe.
Accuracy is šādouble-check all levels and indicators before posting.
No spam, just valueāshare what helps the community learn and grow.
Transparency winsāclearly state entry/exit zones and rationale in your posts.
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ā Quick Recap
š± BTC is at a critical junction (~$108k)āwatch breakout or rejection.
š Bull setup: Break above $108.5k ā TPĀ¹ 110ā110.5k, TPĀ² 112ā113k.
š Bear setup: Rejection near top ā watch support at $106k and deeper pullbacks.
š Always use SL, position sizing, and stay alert for volume signals.
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āØ Your Turn, Square Fam
Saw something interesting? Post your chart, tag it #BTCSignal, drop your entry/SL/TP levels, and letās build a smart, supportive thread!