Strategy: “Breakout Bounce” – Buy the Retest, Ride the Wave

Hello Traders! BTC has broken out above $118K–$120K after a strong uptrend. Now it’s pausing, and a short-term pullback looks likely. Instead of buying the top, we wait for the price to retest previous resistance (around $112K–$114K), which could turn into support.

MY PLAN:

• Wait for pullback to $112K–$114K zone.
  
• Look for a bullish candle (daily or 4H) to confirm entry.
  
• Target: $122K short-term or trail stop if trend continues.
  
• Stop loss: Below $108K to manage risk.
  

Tip: Don’t chase. Be patient, follow the setup, and use proper risk management.

Please leave a comment and don't forget to support a fellow trader! Also, you can leave in the comments your target and plan ideas!

Have a great day y'all!

-Neo