Market Update: Sell pressure has faded and buyers remain in control. The recent dip lacked continuation as bids stepped in quickly. This price action looks more like absorption than distribution.
As long as this area holds, the path toward higher levels remains the primary focus. Trade Setup: Direction: Long Entry Zone: 88800 to 89600 Stop Loss: 86900 Target 1: 91200 Target 2: 93800 Target 3: 97500 $BTC
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Market Update: Sell pressure has faded and buyers remain in control. The recent dip lacked continuation as bids stepped in quickly. This price action looks more like absorption than distribution.
As long as this area holds, the path toward higher levels remains the primary focus.
Trade Setup:
Direction: Long
Entry Zone: 88800 to 89600
Stop Loss: 86900
Target 1: 91200
Target 2: 93800
Target 3: 97500
$BTC