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$BTC /USDT BULLISH TECHNICAL ANALYSIS OUTLOOKš„š„š„
The market shows signs of bullish continuation, with price holding above key intraday supports and recent candles displaying absorption of downward pressure.
TECHNICAL OUTLOOK
⢠Trend Structure: Higher-low formation emerging on the lower timeframes, signaling strengthening bullish momentum.
⢠Momentum Indicators: MACD histogram flattening and preparing for a shift upward, aligning with a short-term bullish push.
⢠Volatility Bands: Price hovering near the mid-BOLL zone suggests room for upside expansion.
⢠Support Zones: Recent reactions around lower support levels indicate buyers defending aggressively.
⢠Resistance Zones: A break above the overhead supply could trigger a momentum-driven rally toward upper range targets.
TRADE SETUP ā LONG ENTRY
⢠Entry: Long on pullback to nearby support zone
⢠TP1: Initial resistance area
⢠TP2: Upper range boundary
⢠SL: Below recent structural low
RISK MANAGEMENT
Use position sizing below 2% of total capital, and trail stops as targets approach. Trade only within predefined levels and avoid over-leveraging.
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