$BTC 📈 BTC/USDT – 4H Long Setup Alert
Current Price: ~$103,335
24H Range: $102,492 – $103,335
Volume: 1.06M
Trend: Strong breakout with bullish continuation potential after minor pullback
📊 Bullish Trade Setup (Dip Buy Opportunity)
🔹 Entry Zone (Long): $102,200 – $103,000
🔺 TP1: $104,600
🔺 TP2: $106,000
🔺 TP3: $108,500
❌ Stop-Loss:
🔺Below $101,200
📌 Technical Overview:
BTC completed a clean bull flag breakout on May 8 and surged toward $104K+, with strong volume backing the rally.
The recent dip to ~$102K appears to be a healthy retracement into prior resistance now acting as support.
Volume remains elevated even on red candles, suggesting active accumulation.
Price has printed a potential higher low, now bouncing with a solid bullish candle.
⚠️ Strategy Note:
The best entries are on slight pullbacks to $102.5K–103K, especially if 1H candles flip bullish again.
Traders should monitor for continuation above $103.8K for confirmation of renewed upside.
✅ Signal Summary:
BTC is showing strength after consolidating gains. As long as it holds above $102K, expect continuation toward $106K+. A clean bounce here offers a strong R:R long entry with clearly defined risk.
#BTC #BTCOnTheRise