BTCUSD TRADE IDEA

BTCUSD (H4) – Buy Analysis 📈

Bias: Bullish (Short-Term Recovery)

Entry Zone: 63,800 – 64,400

Stop Loss: 61,500

Take Profit Targets:

• TP1: 66,000
• TP2: 67,255
• TP3: 70,000

Technical Reasoning:

• Strong support is holding around 61,633.
• Price has formed a higher low after the recent selloff.
• BTC is attempting to reclaim and hold above the 64,330 resistance zone.
• A breakout above 64,330 could trigger momentum toward 67,255.

Confirmation Signal:

• Wait for an H4 candle close above 64,330.
• Increased bullish volume would strengthen the setup.

Trade Idea:
Buy above 64,330, targeting 67,255, while keeping risk below 61,500. A successful breakout could signal a larger recovery move. 📈🚀