Price is climbing back into a key supply zone around $109.2K–$109.5K, lining up with the 61.8%–78.6% Fib retracement from the last dump. This zone also holds unmitigated imbalance — a prime spot for smart money to strike before the next leg down.
🔍 Plan of Attack:
Expecting a liquidity sweep above recent highs
Watching for rejection or bearish confirmation in the zone (lower timeframe BOS, engulfing, etc.)
Targeting $102K–$103K range
SL just above the wick zone highs
🎯 This setup has clean structure, juicy RR, and clear invalidation. All we need now is for BTC to do its usual trick: fake the breakout, trap the buyers, and nuke.
Let’s see if we get the reaction — no FOMO, no guesswork. Let price come to us.
🔍 Plan of Attack:
Expecting a liquidity sweep above recent highs
Watching for rejection or bearish confirmation in the zone (lower timeframe BOS, engulfing, etc.)
Targeting $102K–$103K range
SL just above the wick zone highs
🎯 This setup has clean structure, juicy RR, and clear invalidation. All we need now is for BTC to do its usual trick: fake the breakout, trap the buyers, and nuke.
Let’s see if we get the reaction — no FOMO, no guesswork. Let price come to us.
Trade active
the first limit order got activate it and the drop started
📊 Free Telegram Channel (Not selling signals — just pure analysis & free daily trade ideas):
🔗 t.me/moe_erekat
🎯 Interested in 1-on-1 Mentorship?
Let’s talk: t.me/MoeErekat
🔗 t.me/moe_erekat
🎯 Interested in 1-on-1 Mentorship?
Let’s talk: t.me/MoeErekat
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 Free Telegram Channel (Not selling signals — just pure analysis & free daily trade ideas):
🔗 t.me/moe_erekat
🎯 Interested in 1-on-1 Mentorship?
Let’s talk: t.me/MoeErekat
🔗 t.me/moe_erekat
🎯 Interested in 1-on-1 Mentorship?
Let’s talk: t.me/MoeErekat
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.