🔎 General Context $BTC
The price comes from a strong drop from the area of 124,474 (recent high) to a low near 114,640 – 115,340.
Currently, the price is around 116,000 – 116,100, with a bounce after touching the area marked as support.
Bearish Order Blocks (marked in red) are observed at 118,000 – 119,500 and higher at 121,000 – 122,000.
The volume confirms strong interest in breakouts, especially in the last drop.
📍 Key Levels
1. Resistances / possible sales (supply zones)
118,000 – 118,500 (first red block)
119,500 – 120,000 (stronger liquidity offered zone)
121,000 – 122,000 (last trap before the highs)
2. Supports / possible purchases (demand zones)
115,300 – 114,600 (zone tested several times, may act as a liquidity magnet)
113,500 – 112,000 (bearish extension in case of a break of the current support)
🛠️ Potential Setups
🔴 Selling Scenario (more likely due to bearish context)
Wait for a retracement towards 118,000 – 118,500 (Bearish Order Block on 4H + visible liquidity).
Confirmation on 1H with wick rejection / decreasing volume.
Stop loss: above 119,000.
Target 1: 116,000
Target 2: 115,300 – 114,600
Estimated risk/reward: 1:2 – 1:3
🟢 Buying Scenario (against trend, with strong confirmation)
Only if it respects 115,300 – 114,600 with clear rejection (false breakouts + liquidity absorption).
Long entry after a reversal candle on 1H.
Stop loss: below 114,600.
Target 1: 117,000 – 117,500
Target 2: 118,000 – 118,500 (possible zone to turn bearish again).
