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🚨 BT$BTC C holds a major support that previously launched a strong upward wave!
📈 Entry point: 62,906.73
🎯 Target: 65,847
🛑 Stop loss: 60,830
🔍 Technical analysis:
$BTC
· The level 62,906 has been defended more than once with clear accumulation at each retest.
· The 4-hour timeframe shows a potential inverse head and shoulders pattern formation.
· Trading volumes are declining during this test, indicating selling pressure is fading.
· The target aligns with a liquidity zone above 65,800.
❓ Do you enter a buy now or wait for a downside breakout to confirm the signal?
⚠️ Alert: This is not financial advice. Always make sure to manage your own risk.
#BTC #LongSetup #SupportTest #CryptoAnalysis 🔥