$BTC is holding strong near 90,131 after a sharp impulsive breakout from the 87,435 support zone and I’m watching this closely because buyers stepped in aggressively and flipped structure in one clean move. The impulse candle confirms strong demand entry and a clear short term trend shift.
Price is now consolidating near highs which usually signals strength not weakness. The market is absorbing supply at elevated levels and as long as this base holds continuation remains the higher probability.
Here’s my full setup from this chart.
Current Price
90,131
Entry Point
89,400 – 88,600
Target Point
TP1 91,200
TP2 92,800
TP3 95,000
Stop Loss
87,300
It’s possible because the pullback from the top is shallow and sellers are failing to push price back below the breakout zone. If BTC holds above 88,600 the move toward 91,200 becomes the natural first step before momentum attempts higher continuation.
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BTC
87,966.34
-1.21%