Current Market Phase: Bullish retracement within a larger uptrend, following the break of the last internal structure.


Key Levels:
Bullish FVG (Fair Value Gap): Around 80,500–81,200
Bearish FVG (overhead supply): Around 78,500–79,800
Swing Highs: Near 85,000–86,000 zone

Swing Low: Near 74,000
2. Entry Zone

Ideal Long Entry: Near the Bullish FVG zone: 80,200 – 80,800 USDT

Aligns with the 0.5 – 0.618 Fib retracement and potential mitigation area.

Price is likely to bounce from this zone if bullish momentum continues.

3. Take Profit (TP) Levels

TP1: Previous swing high near 84,500 – 85,000

TP2: Full FVG target near 86,500 – 87,000

TP3 (extended): Fib 0.786 level near 88,000+ if volume supports the breakout.

4. Stop Loss (SL)

Below FVG and invalidation level: 79,500 – 79,200

Gives some room below the FVG and last higher low.

5. Summary

Trend: Bullish on 4H

Entry: 80,200 – 80,800

TP: 85,000 / 86,500 / 88,000

SL: 79,200
NEAR-3.33%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
Szerovip
· 04-10 13:40
thank you
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)