$BTC
Here is the best setup based on the latest heatmap data and BTC/USDT chart (current price: 105.500):
1. SHORT Option (High Probability Setup)
Ideal Short Zone:
106.500 – 107.000 USDT
Reason: This is the next short liquidation area (whale target), there is a high probability of strong price rejection if BTC rises to this zone.
Confirmation:
Candlestick reversal (such as bearish engulfing or shooting star)
High volume during candle rejection
RSI/Stoch RSI shows overbought (above 85–90)
Setup:
Entry: 106.700
Stop Loss (SL): 107.300
Target Profit (TP):
TP1: 105.000
TP2: 104.200
TP3 (extra): 103.500
Risk:Reward (RRR): ~1:2 or more
2. LONG Option (Buy the Dip Strategy)
Ideal Long Zone:
103.800 – 104.300 USDT
Reason: This is the previous consolidation area and there is historical support + Bollinger Mid Band + Order Block.
Confirmation:
Bullish engulfing candle on 1H or 15m
High volume during the bounce
RSI/Stoch RSI starts to rise from oversold (<30)
Setup:
Entry: 104.000
Stop Loss (SL): 103.300
Target Profit (TP):
TP1: 105.200
TP2: 106.000
TP3 (extra): 106.800
Risk:Reward (RRR): ~1:2+
Additional Notes:
Avoid entering in the middle (105.500 now) as that is a neutral/FOMO zone.
Use low to moderate leverage (3x–10x) if there is no strong reversal confirmation yet.
It is safer to wait for 1 closed 1H candle in the target zone with a valid pattern.