📉 $BTC update & Trade Setup ..##
On the 1HRS chart of #BTC /USDT, price is trading around $70.4K inside a descending channel, indicating short-term bearish pressure after the drop from $72K–$73K. The key support lies at $69.7K–$69K, where a liquidity sweep could occur before a potential bounce toward $71.5K–$72.7K. A strong break below $69K would signal further downside.
Trade Setup Long $BTC
Entry: 69.7k
Dca: no need
SL: 68.8k
TP1: 70.8k
TP2: 71.7k
TP3: 72.6k
TP4: 73.5k + ↗️
If Btc bounce back from 69.5k zone then, our Trade will activate or else it took breakdown below 69k with a closing it will go farther dip.
Do risk management First profit next
Always Dyor not a financial advisor
BTCUSDT
Perp
71,261.6
+2.62%