$BTC Update 🚀📈‼️
#Bitcoin has now entered its supply zone between 57698-58604. If the price respects this zone and does not break through, we can expect a potential downward move. However, if a 1-hour candle closes above this zone, it will likely convert into a demand zone, signaling a possible upward continuation.
Short Trade Setup
• Entry: If a 1-hour candle closes below 58720.
• Targets: 100% to 300% profit potential.
• Stop-loss: Use a tight stop to manage risk.
Long Trade Setup
• Entry: If a 1-hour candle closes above 58650.
• Targets: 100% to 300% profit potential.
• Stop-loss: Tight stop-loss to minimize risk.
Always ensure proper risk management is in place.
