โ Strong Support Rebound: Price is bouncing from a key demand zone, signaling a potential uptrend. โ Liquidity Grab Below: A recent dip absorbed liquidity, preparing for a bullish push. โ Breakout Confirmation Needed: If BTC clears the $96,800 resistance, expect a sharp rally. โ High Risk-Reward Ratio: This setup offers an excellent R:R for traders looking for a momentum play.
๐ฅ Market Sentiment & Strategy ๐ฅ
๐ธ Bullish Bias: Buyers stepping in at critical levels, with potential for a breakout. ๐ธ Trend Confirmation: Watch for a retest of $96,500 before a strong move up. ๐ธ Volume Surge Expected: Increased buying pressure could fuel a rapid price increase.
๐ฏ Final Thought: A well-calculated long position with proper risk management. If BTC holds above $96,500, we could see a move towards $101,000+ in the short term.
๐ Stay Tuned: Follow for real-time updates and precision trade setups!
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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.