$BTC Please be patient and wait for clearer signals!!!
BTC/USDT on the 15-minute timeframe is trading at 97,925.60, up 0.66% for the day. The price is currently hovering near the small resistance area of 98,000, with the nearest support zone at 97,400. Trading volume is low and signals from RSI and MACD indicate that price momentum is weak.
Futures trading advice:
1. Short-term trend:
RSI at 47.62 indicates that the price is in a neutral zone, with no signs of overbought or oversold conditions.
MACD has begun to turn positive but remains weak, lacking sufficient momentum to establish a strong upward trend.
2. Trading strategy:
Long entry point: When the price exceeds 98,000 with strong volume. Profit target at 98,400 - 98,600.
Short entry point: When the price breaks below 97,600. Profit target at 97,200 - 97,000.
3. Risk management:
Stop Loss:
Long position: Set below 97,700.
Short position: Set above 98,100.
Limit the use of high leverage, only use 1-2% of capital to minimize risk from small fluctuations.
4. Important note:
The current market trend is unclear, more suitable for short-term scalping trades.
Only trade after confirming clear signals from volume and indicators.
#BTCFutures #ScalpingStrategy #RiskManagement