$BTC
/USDT: Trade Plan with Bullish Momentum Towards 110k+🚀📊
Market Overview:
Current Price: $107,951.99
24h Range: $105,125.00 - $107,975.74
Volume: 3.68B (USDT), 34,505.08 (BTC)
Change: +2.09% (Upward momentum)
Trade Setup 🎯
1. 📥 Entry Points:
Primary Entry: $107,500 - $107,800 (Buy near support)
Aggressive Entry: $108,000 (If momentum continues upward)
2. 🚀 Profit Targets:
1. 🎯 $108,400 – Immediate resistance
2. 🎯 $109,000 – Next resistance zone
3. 🎯 $110,000 – Potential breakout
3. 🛑 Stop-Loss:
$106,500 (Limit downside risk)
Execution Strategy ⚡
1. Entry:
Buy at $107,500 - $107,800 to capture the potential bounce or $108,000 if bullish momentum holds.
2. Take Profits:
50% at $108,400
30% at $109,000
20% at $110,000
3. Risk Management:
Risk/Reward Ratio: 1:2 or 1:3
Adjust stop-loss after hitting $108,400 to lock in profits.
Momentum Signals to Watch:
Volume Surge: Monitor for volume above 5B USDT for confirmation of trend strength.
RSI: Above 50 signals continued bullish momentum.
EMA Cross: Watch for the 50 EMA crossing above the 200 EMA for trend confirmation.
Plan: Buy near support, target resistance levels, and adjust stop-loss as the price moves up! 📈🚀
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