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1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
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⏰ Ends on May 4, 16:00 PM (UTC)
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#BTC/USDT#
Trend Analysis:
Current Trend: Bullish overall (strong impulse move up with higher highs and higher lows).
Recent Activity: Price is consolidating just below the 1D high (resistance zone). Slight rejection near the top, indicating a pause or potential retracement.
Support Zone: Around 92,728 - 92,559, marked by the red lines and aligns with the 240H low and 0.236 Fibonacci level.
Entry Idea:
You could consider two types of entries based on price action:
1. Breakout Entry (Aggressive):
Entry: Above 1D high (~94,000) after a confirmed breakout with volume.
TP: Next psychological level near 95,500 - 96,000.
SL: Below 1D high (~93,500) or 240L (92,728) to avoid fakeouts.
2. Pullback Entry (Safer):
Entry: Around 92,700 - 92,500 (area of interest + support + Fibonacci 0.236).
TP1: 94,000 (1D high)
TP2: 95,500
SL: Below 92,000 (just under 1DL and structure support)