BTC broke below the 4H ascending trendline, but price has now been holding just in it for 13 hours, forming multiple 1H candles with long lower wicks. This signals a potential liquidity sweep and fake breakdown, especially since sellers failed to follow through. If BTC closes a 1H candle above $107.8K–$108K, I’ll look to enter a long position targeting the previous range top.

📊 Trade Plan (Reversal Setup)

Entry trigger: 1H close above $107.8K–$108.0K

Stop-loss: Below the wick low ($106.3K)

TP1: $108,800

TP2: $110,000

TP3 (extension): $113,000

Risk/reward: 2:1 minimum

A clean reclaim of the trendline with volume would confirm this move. Still waiting for candle confirmation — not entering early.

⚠️ Disclaimer:

This trade idea is for educational purposes only and not financial advice. Crypto is volatile — always manage your risk, use stop-losses, and never trade with money you can’t afford to lose. DYOR (Do Your Own Research).