🟢 $BTC / USDT – Relief Bounce Setup

Market has been trending down, but price now sitting in a reaction demand zone.

📉 What happened:

• Continuous lower highs + lower lows

• Price reached strong horizontal support (~70k zone)

• Selling momentum slowing

• Small base forming after flush

This is short-term relief, not confirmed trend flip.

📊 Trade Idea (Scalp / Short-Term Long):

Entry Zone: 70,900 – 71,300

Target 1: 72,400

Target 2: 73,200

Target 3: 74,000 (major MA + supply)

Stop Loss: 69,900

📈 Why bounce possible:

• Support tested multiple times

• Sellers losing momentum

• Oversold on short TF

• Liquidity sitting above recent range highs

• Classic pullback → squeeze setup

⚠️ Still bearish overall structure.

Lose 69.9k = continuation to new lows.

This is a bounce trade, not swing hold.

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