đ $BTCUSDT Technical Analysis
đŻ Timeframe: 1H
đ Market Structure: Higher highs & higher lows (bullish bias)
đŻ Candle Chart Insight
Strong bullish engulfing candle formed near support
Price respected ascending trendline
Volume increasing â buyers gaining control
đ Key Levels
Support: 64,200
Resistance: 65,500
đ Trade Setup (Educational)
đč Pair: $BTCUSDT
đč Direction: Long (Buy)
Entry: 64,600 â 64,800
Stop Loss: 63,900
Take Profit 1: 65,500
Take Profit 2: 66,200
đ RiskâReward: ~1:2.5
đ§ Trade Logic
Trend continuation after pullback
Bullish candle confirmation at support
SL placed below structure low for protection
â ïž Disclaimer: This is an educational example, not financial advice. Always manage risk and DYOR.