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$BTC Compression under recent high
Price expanded into 73.4k, rejected, and now tightening in a narrow range just below that level. Movement is slowing, but not breaking down — classic pause after expansion.
Bias: conditional (lean bullish)
Trade Setup:
Entry: 72,700 – 73,000
SL: 72,200
TP: 73,600 / 74,200 / 75,000
The push up trapped late shorts on the breakout, and now price is holding above mid-range without aggressive selling. Sellers tried to push lower but couldn’t gain control — absorption showing underneath.
If 72.5k holds, continuation grind higher into new highs.
If 72.2k breaks, range fails and downside rotation opens.
Pressure is building. Expansion is coming.
#GateLaunchesPreIPOS