BTCUSDT.P — Multi-TF Setup (1W / 4H / 1H)
1W (Macro): Price is in a corrective/bearish leg after a strong distribution phase. Until higher levels are reclaimed, rallies can be sold into major supply zones.
4H (Structure): Market is forming a range:
Range High / Supply: 71.2K–72.0K
Range Low / Demand: 66.5K–68.5K
Current price is pushing into the upper boundary, which is typically a decision point.
1H (Momentum): Short-term bullish momentum, but near resistance; avoid chasing. Prefer either breakout confirmation or rejection confirmation.
⏳ Waiting for breakout confirmation above 71K (preferably 1H close + retest hold). If breakout fails, I will look for a rejection short from the 71.2K–72K area.
✅ Plan A (LONG) — Breakout + Retest
Entry: 71.05K–71.30K (or retest 70.80K–71.05K)
SL: 69.80K (safer: 69.20K)
TPs: 72.5K / 74K / 76.5K / 80K
✅ Plan B (SHORT) — Rejection at Supply
Entry: 71.2K–71.8K (on bearish rejection + 1H CHoCH)
SL: 72.6K
TPs: 70.15K / 69K / 67.2K / 65.2K
Not financial advice. Risk management first.
$BTC
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