📊 Trade Setup: $BTC – Consolidation Before Breakout?
BTC is showing signs of stabilization after a sharp drop. On the 4H chart, it’s forming a base near the lower Bollinger Band with slight MACD recovery. 1H EMAs are compressing — a breakout may follow.
📌 Trade Plan
📈 Long Entry: 109,200–109,300 USDT (on support hold and volume uptick)
🎯 Take-Profit Targets:
- TP1: 109,800 USDT – EMA20 on 4H
- TP2: 110,400–110,800 USDT – EMA50-100 cluster resistance
🛑 Stop-Loss: 108,800 USDT – Below 4H candle bottom and lower Bollinger Band
Risk:Reward ~ 1:1.8
⚠️ Risk Factors
Weak BTC bounce could signal trap for early longs.
Watch macro trend and weekend volatility.
