BTCUSD H4 | Approaching overlap support

BTCUSD could fall towards a key support level and potentially bounce from here. We could see price move up to our take profit target.

Entry: 27154.00
Why we like it:
There is an overlap support at the recent swing-low

Stop Loss: 26707.00
Why we like it:
There is an overlap support that aligns just under the 38.2% Fibonacci retracement

Take Profit: 28575.00
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement

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