BTCUSD 4H — Bullish Continuation Setup | SMC | TP1 TP2 TP3 DefinBitcoin / U.S. dollarBITSTAMP:BTCUSDNTGOLD_KING_OF_FOREXBTCUSD 4H Smart Money Analysis — May 31, 2026 Price is currently trading at 74,107 on the 4H chart after a strong bearish displacement that swept Equal Lows (EQL) down to the 72,399 level, confirming a clean liquidity grab below a key demand zone. Market Structure Reading: A bullish Change of Character (ChoCH) has now been confirmed on the 4H timeframe following the sweep. This shift in structure indicates that smart money has absorbed sell-side liquidity and may be positioning for a move to the upside. The Fair Value Gap (FVG) formed during the drop near the 74,800–75,082 zone is the first key area price needs to reclaim and hold. Entry Zone: 74,074 – 74,135 (Demand Block / FVG Base / ChoCH retest) Stop Loss: Below 72,399 (below the liquidity sweep — any 4H close under this level invalidates the setup) Take Profit Targets: TP1 — 74,800 to 75,082 This is the Fair Value Gap zone created during the sharp sell-off. Price is expected to fill this inefficiency on the first push up. Partial profits are recommended here. TP2 — 75,600 to 76,015 A mid-level resistance zone aligning with the lower boundary of the larger consolidation range and prior structural support flipped resistance. This is where price may pause before continuation. TP3 — 76,800 to 76,968 The upper boundary of the premium zone and the origin of the bearish displacement. This level also aligns with a higher timeframe supply area. Full exit or trail stop recommended here. Key Resistance Levels Above: 77,200 — 77,600 — 78,000 — 78,400 Key Support Levels Below: 74,074 — 73,834 — 72,399 Analysis Summary: The sweep of Equal Lows combined with the bullish ChoCH is a classic Smart Money Concept (SMC) reversal signature. Institutions typically engineer liquidity below obvious swing lows before reversing price aggressively. The current structure supports a buy scenario as long as price holds above the 73,834–74,074 demand block on a 4H closing basis. Volume during the drop was elevated, suggesting a genuine liquidity hunt rather than a trend continuation. The recovery candles showing strength back above 74,107 support a bullish bias for the sessions ahead targeting the 75K–77K range. Risk management is essential. Do not risk more than you are prepared to lose on any single trade. This idea is for educational and analytical purposes only. Disclaimer: This analysis does not constitute financial advice. Always conduct your own research before making any trading decisions.