BTC/USDT – Long Continuation (Refined Cup & Handle + SMC)

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BTC/USDT – Long Continuation (Refined Cup & Handle + SMC)Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.Porigami_capital33 Price has developed a **refined cup & handle structure** on the 2H, with a clear rounded base followed by a controlled pullback forming the handle just below resistance. We’re now seeing early signs of **breakout pressure building**. --- **Confluence:** * **Cup & Handle:** Clean rounded bottom → shallow handle → bullish continuation model * **SMC Confirmation:** * **MSS (Market Structure Shift)** to the upside * Price respecting internal **FVG** (inefficiency acting as support) * Reaction from prior **OB** → accumulation confirmed * **Trendline Pressure:** Descending resistance being compressed → breakout likely * **Liquidity:** Equal highs / resting liquidity above ~80k acting as draw --- **Trade Idea: LONG 📈** Holding longs while price respects **78k–77.6k demand (FVG/OB zone)**. Handle is forming higher → bullish continuation intact. --- **Targets 🎯** * **TP1:** 80k → liquidity tap / local highs * **TP2:** 83k → internal resistance * **TP3:** 86.6k → major liquidity pool * **Runner:** 88k+ if full breakout expansion occurs --- **Risk / Invalidation ❌** * Breakdown below **77.5k** * Loss of FVG support + bearish structure shift --- **Summary:** This is a **textbook continuation setup** — SMC accumulation + cup & handle compression. Liquidity sits above → expecting expansion once trendline breaks. ---