BTC intraday long idea

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BTCUSDT Intraday Idea | 1H Chart

Price recently pushed into a key supply zone and is now pulling back after a strong impulsive move. The highlighted green box marks a demand block or breakout origin, with confluence from high volume and previous rejection.

🟩 Long Area:
116,725 – 116,300
This area acted as a bullish breaker and low-volume node. Price previously wicked deep into this zone before a strong bullish push, suggesting unfilled orders remain. If price retests this zone, a reaction is likely.

Reason for Entry:
• Strong displacement from demand
• Price forming lower highs into potential mitigation
• Decreasing sell volume on the pullback → signs of absorption
• Clean R/R with tight invalidation

📉 Short-term Sell-off:
This retracement is likely a liquidity grab or order block mitigation, pulling into the long zone to refill institutional orders.

📈 Target Zone:
119,750+ – aligned with recent inefficiency and prior high.

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