🚀 BTCUSDT Daily Chart Analysis (Positional Trade Setup)
Current Price: ~$73,500
BTC is currently testing a rising trendline support zone near 72,500-73,000. The next directional move will likely depend on whether this support holds or breaks.
📈 LONG TRADE SETUP
Entry Zone: 74,000 – 74,500 (after bullish confirmation)Stop Loss: 71,800 (below trendline support)
Targets:
🎯 Target 1: 76,500
🎯 Target 2: 79,000
🎯 Target 3: 82,000
🎯 Positional Target: 84,500+
📉 SHORT TRADE SETUP
Entry Zone: Daily close below 72,500Stop Loss: 74,500
Targets:
🎯 Target 1: 70,000
🎯 Target 2: 67,500
🎯 Target 3: 65,000
🎯 Positional Target: 62,000
📊 Technical View
✔ Price approaching major trendline support.✔ Long-term structure remains bullish above 72,500.
✔ Breakdown below trendline may trigger deeper correction.
✔ Volume confirmation required before taking aggressive positions.
🔹 Above 72,500 → Bullish to Neutral
🔹 Below 72,500 → Bearish Correction Phase
🔹 Best Risk/Reward currently comes from waiting for confirmation near support.