๐จ $BTC /USDT โ Rebound or Fakeout? Key FVG Level Under Test! ๐ ๐ Current Price: $106,238.41 (+0.61%) ๐ Support: $104,558 ๐ Resistance: $106,600โ106,800 (multiple FVGs) ๐ Market Structure: Bearish CHoCH from May 28 led to a steep drop Multiple BOS (Break of Structure) during sell-off Currently testing fresh FVG resistance after reclaiming $105,000 zone Weak recovery unless it breaks above red FVG blocks ๐ฏ Trade Setup: Bullish Scenario: Entry: $105,900โ$106,100 (minor pullback or flip of FVG) TP1: $106,800 TP2: $107,500 SL: $104,900 ๐ง Why This Setup Matters: Price is reacting directly at a key FVG zone after a BOS Volume divergence shows weak push up โ watch for confirmations Perfect zone for either a scalp short or confirmation long ๐ก Pro Tip: Wait for a 15M candle close above the upper FVG block for longs. No breakout? Plan a quick rejection play. Comment โ$BTC READY?โ if you're eyeing the next move! $BTC
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๐จ $BTC /USDT โ Rebound or Fakeout? Key FVG Level Under Test! ๐
๐ Current Price: $106,238.41 (+0.61%)
๐ Support: $104,558
๐ Resistance: $106,600โ106,800 (multiple FVGs)
๐ Market Structure:
Bearish CHoCH from May 28 led to a steep drop
Multiple BOS (Break of Structure) during sell-off
Currently testing fresh FVG resistance after reclaiming $105,000 zone
Weak recovery unless it breaks above red FVG blocks
๐ฏ Trade Setup:
Bullish Scenario:
Entry: $105,900โ$106,100 (minor pullback or flip of FVG)
TP1: $106,800
TP2: $107,500
SL: $104,900
๐ง Why This Setup Matters:
Price is reacting directly at a key FVG zone after a BOS
Volume divergence shows weak push up โ watch for confirmations
Perfect zone for either a scalp short or confirmation long
๐ก Pro Tip: Wait for a 15M candle close above the upper FVG block for longs. No breakout? Plan a quick rejection play.
Comment โ$BTC READY?โ if you're eyeing the next move!
$BTC