Bullish Momentum Building – Watch for a Sharp Move

📈 Bullish Momentum Building – Watch for a Sharp Move

Since the upward move started from $105,363, we've seen a rise in volume alongside the price — a positive sign. If RSI on the 4H timeframe pushes into the overbought zone (above 70), it could trigger a sharp breakout.

Most short positions are likely to get liquidated between $110,880 and $111,320, which may overlap with an RSI breakout and add fuel to the move.

So here's how I'm planning this:

Use a stop-buy order to catch a breakout and enter a long position.

Place your stop-loss around $108,500.

For the entry point, check your exchange’s order book — I’m still not fully convinced $110,246 is the best trigger.

If price drops to around $107,765, it's not a big concern — the structure remains bullish. Ideally, though, we don’t want to go below $108,620.


Don't forget to manage your risk — fakeouts are still possible. And if you get stopped out once, don’t get discouraged. Stay focused — we might be close to a strong move over the next few days.

💬 What’s your plan? Drop your thoughts in the comments — I read all of them!https://www.coinglass.com/pro/futures/LiquidationHeatMap