🧠 Entry Logic BTC successfully bounced off a strong support area around $85,100, which previously acted as a price reaction level. There is visible rejection below and a higher low is starting to form, indicating selling pressure is weakening.
📈 Technical Confirmation
* Price moved back above MA5 & MA10 * MAs are narrowing → potential continuation momentum * Volume increased as green candles appeared → buy interest indication Short-term structure shows a recovery move
🎯 Exit Strategy The short-term target is in the $89,800 – $92,700 area as the nearest resistance. I am gradually securing positions to reduce volatility risk.
📌 Lessons Learned Patience in waiting for confirmation at the support area is very important. Not entering too quickly helps achieve a healthier risk-reward ratio.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#ShareMyTrade
📊 Trade Recap | BTC/USDT
🔹 Pair: BTC/USDT
🔹 Timeframe: 4 Hours
🔹 Market: Futures
🔹 Bias: Rebound Bullish
🧠 Entry Logic
BTC successfully bounced off a strong support area around $85,100, which previously acted as a price reaction level. There is visible rejection below and a higher low is starting to form, indicating selling pressure is weakening.
📈 Technical Confirmation
* Price moved back above MA5 & MA10
* MAs are narrowing → potential continuation momentum
* Volume increased as green candles appeared → buy interest indication
Short-term structure shows a recovery move
🎯 Exit Strategy
The short-term target is in the $89,800 – $92,700 area as the nearest resistance. I am gradually securing positions to reduce volatility risk.
📌 Lessons Learned
Patience in waiting for confirmation at the support area is very important. Not entering too quickly helps achieve a healthier risk-reward ratio.