$BTC Trade Setup and Analysis🚨
🟢Long Signal!
If BTC maintains support around the $86,500 level and begins to show bullish momentum, this could be an opportunity for a long entry.
📍 Entry Zone: $86,500 (after confirmation of a bullish reversal)🎯 Target (TP): $89,000 – Previous resistance level
🛑 Stop-Loss (SL): $85,000 – Below the recent support to minimize risk
Current Price: $86,796
Timeframe: 15-minute chart
🔎 Chart Analysis:
BTC has experienced a pullback after reaching a high around $89,000 and is now showing signs of potential support near $86,500. The price is in the lower region of a volatility channel, indicating possible oversold conditions and a chance for a bounce if the support holds.
Key Levels:
Support: $86,500
Resistance: $89,000
This setup like from previous trade setups offers a favorable risk-to-reward ratio if BTC holds at the support level and initiates a reversal. Look for signs of bullish momentum before entering.#BTC☀ #BTCanalysis