4-hour BTC/USDT

Current Market Structure:

Trend: Strong bullish trend.

Price Action: BTC is consolidating after a strong impulse up, right near a liquidity area and within a potential bearish supply zone.

Key Zones:

4h Bullish Fair Value Gap (FVG): Around 92,728.57 – 92,559.42 USDT — this acts as a support zone for potential pullbacks.

Next Liquidity Zone (Resistance): Just above the current price, around 95,000 – 96,000 USDT.

Trade Idea:

Scenario 1: Long (Bullish) Setup

If price respects the FVG and forms a bullish structure (e.g., a bullish engulfing pattern or strong bounce), consider:

Entry: Around 92,700 – 92,600 USDT (on confirmation with candle patterns).

Take Profit (TP):

TP1: 95,000 USDT (Next Liquidity zone).

TP2: 96,500 – 97,000 USDT (extended liquidity above resistance).

Stop Loss (SL): Below FVG zone, around 92,300 – 92,000 USDT.

Scenario 2: Short (Bearish Rejection) Setup

If price shows rejection signs at current resistance:

Entry: Near 93,800 – 94,000 USDT (bearish engulfing or pin bar at resistance).

Take Profit (TP):

TP1: 92,700 USDT (top of FVG zone).

TP2: 92,000 USDT (bottom of FVG).

Stop Loss (SL): Above recent high — around 94,500 – 95,000 USDT.