$BTC /USDT

BTC is compressing right below resistance, trading at 71,278 on the 1H chart after printing a 24H high at 72,026 and a 24H low at 70,408. Price is still above MA7 and MA25, showing that bulls are trying to maintain control before the next push.

Trade Setup

EP: 71,200 - 71,300

TP: 71,800 - 72,000

SL: 70,950

A clean hold above 71.1K keeps the breakout idea alive. Lose that level and momentum starts to weaken.