Currently, the asset, like many others, is trading sideways within a range. Recently, it tested the support zone around $33, showing a slight bounce, indicating accumulation of volumes. This often signals big capital entering the market.
In the short term, I anticipate the sideways movement to shift towards an upward trend, aiming to surpass the liquidity pool around $40.
I'm considering entering the deal around the current price of $33-32, with a stop loss set at $29.
The initial target for profit is $36, followed by $41.
Once the first profit target is reached, I plan to adjust the stop loss to break even. Achieving the second target would represent a 23% gain from the entire movement.#altcoins #BlackRock #MicroStrategy #BTC
