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$BTC $BTCUSDT (1h) - Long
Bias: Long
Entry (Zone): 61,500 - 61,850
Targets:
TP1: 62,550
TP2: 63,150
TP3: 64,000
Stop Loss: 60,350
Why this Setup:
I’m taking the rebound after the sharp selloff, since price has reclaimed the 61.5k area and is trying to build a base above the intraday low. I want the long as long as BTC holds this recovery zone, with room for a squeeze back toward the prior breakdown levels and a retest of the 64k area.