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BTCUSDT 1H – Short-Term Range Setup
BTCUSDT 1H – Short-Term Range Setup
Bitcoin / TetherUS BINANCE:BTCUSDT
Price is currently trading inside a clear range between 65.7K support and 70.9K resistance, with overall higher timeframe resistance sitting around 72.2K.
🔎 What I’m seeing:
- Multiple rejections near 70.9K → strong supply zone
- Clean reaction from 65.7K → solid demand base
- Price now mid-range (~67.8K) → decision area
- Liquidity resting above 70.9K and below 65.7K
📈 Trade Idea (Intraday Bias):
-- Bullish continuation if price breaks and closes above 70.9K → targeting 72.2K liquidity.
-- Bearish scenario if 65.7K fails → potential sweep toward lower liquidity.
-- Right now this is a range play — best entries come from the extremes, not the middle.
🔥
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source https://www.tradingview.com/chart/BTCUSDT/Oj8pMbhG-BTCUSDT-1H-Short-Term-Range-Setup/
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