Dear My Folowers .....$BTC is consolidating above a strong demand zone after a healthy pullback, indicating buyers are defending structure. Price action is forming higher lows on the intraday timeframe, while the market holds above key support, suggesting momentum is preparing for the next upside expansion. The rejection from lower levels and sustained consolidation point toward a bullish continuation rather than distribution.
Trade Plan (LONG SETUP):
Entry: Break and hold above the intraday consolidation resistance
Targets:
• TP1: Previous intraday high
• TP2: Upper range resistance
• TP3: Range breakout extension zone
Stop Loss:
Below the recent higher low / demand zone invalidation
Bias: Bullish as long as price holds above structural support.
Risk Management:
Risk only a small portion of capital per trade, maintain a minimum 1:2 risk-to-reward ratio, and trail stop loss after TP1 to protect profits.
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