$BTC Current Context
Trend: The price has come from a strong drop from the 124,000 – 125,000 USDT zone (recent highs).
Liquidity: Bearish order blocks (red) are observed between 118,000 – 121,000 USDT, which acted as unmitigated supply.
Support: The price has just tested the 116,000 – 116,200 USDT zone, with marked liquidity absorption in the lower wick.
Volume: There are spikes in volume during drops, indicating aggressive institutional selling, but also accumulation in lower zones.
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📌 Possible Setups
1. Sell Setup (Scalping / Intraday)
Entry: Look for rejection in the red order blocks:
First block: 118,000 – 118,500 USDT.
Second block: 120,000 – 121,000 USDT.
Confirmation: Wait for a rejection wick or candle pattern (e.g., bearish engulfing).
Stop Loss (SL): Above the swept liquidity zone → ~121,500 USDT.
Take Profit (TP): First target 116,000 USDT, second 115,000 USDT (marked green demand zone).
Risk/Reward: 1:2 minimum.
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2. Buy Setup (Reversal / Technical Bounce)
Entry: If the price consolidates or shows absorption over the 115,500 – 116,000 USDT zone.
Confirmation: Increasing volume in bullish candles + sweep of lows.
Stop Loss (SL): Below 115,000 USDT (last strong liquidity zone).
Take Profit (TP):
First target: 118,000 USDT.
Second target: 120,000 USDT (liquidity sweep towards order blocks).
Context: Only valid if the price holds the current support with absorption.
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3. Bearish Continuation Setup (Swing / Major Bias)
If the price breaks strongly below 115,000 USDT, a move towards 112,000 – 113,000 USDT is enabled (last marked zone on the heatmap).
This would enter a sell setup on breakout, confirming candle closures under support on H1/H4.
SL: Above 116,000 USDT.
TP: 113,000 – 112,000 USDT.
