$BTC pulled back hard and I'm watching as the chart is finally starting to calm down after that rapid drop. Sellers tried to break the level again, but the price held above 89050, and that's the moment when the pressure started to lose its strength. When a move slows down right at a key support, it becomes possible for the market to react upwards because the imbalance below has already been resolved. I'm seeing cleaner candles, tighter bodies, and slower momentum, and that's exactly what tells me this zone could act as a short-term demand point.
ENTRY POINT 89180 to 89320 TARGET POINT 89740 90110 90600 STOP LOSS 88910 It becomes possible because liquidity below the previous low has already been swept and sellers failed to create a new strong push. If buyers defend this zone again, the market naturally wants to move up toward the next liquidity areas above. I'm choosing this setup because the structure is cooling off, reactions are steady, and the failed breakdown is giving room for a recovery move toward the targets. Let's go and trade now $BTC
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$BTC pulled back hard and I'm watching as the chart is finally starting to calm down after that rapid drop. Sellers tried to break the level again, but the price held above 89050, and that's the moment when the pressure started to lose its strength. When a move slows down right at a key support, it becomes possible for the market to react upwards because the imbalance below has already been resolved. I'm seeing cleaner candles, tighter bodies, and slower momentum, and that's exactly what tells me this zone could act as a short-term demand point.
ENTRY POINT
89180 to 89320
TARGET POINT
89740
90110
90600
STOP LOSS
88910
It becomes possible because liquidity below the previous low has already been swept and sellers failed to create a new strong push. If buyers defend this zone again, the market naturally wants to move up toward the next liquidity areas above. I'm choosing this setup because the structure is cooling off, reactions are steady, and the failed breakdown is giving room for a recovery move toward the targets.
Let's go and trade now $BTC