$BTC 4H long Setup with Tp sl
Entry: Consider a long entry if the price breaks above 63,261 with confirmation via increased volume.Stop Loss: Place the stop loss slightly below 61,320 (EMA28), around 61,000 to protect against a false breakout.Target: First target at 64,144, with a potential extension to 66,702 (upper resistance).
Bullish or Bearish?
Overall Outlook: The charts on both the 4-hour and 1-day timeframes suggest a bullish bias. The price is trading above key moving averages on both timeframes, and RSI levels are neutral to slightly bullish, with room for more upside. Volume is stable, but a significant increase in volume on a breakout above 63,261 (4H) or 63,820 (1D) would strongly support the bullish thesis.
