🚨 BTC/USDT Update🚨
1. Identify Horizontal Resistance 🚧
BTC is currently facing horizontal resistance in a specific area.
This is a critical level to watch.
2. Observe for Breakout or Rejection 👀
Monitor closely to see if BTC will breakout above this resistance.
Alternatively, it might get rejected from this level.
3. Wait for Confirmation 🛑
Avoid making trades until there is a clear breakout or rejection.
Confirmation is key before entering any position.
4. Plan for Both Scenarios 📝
If BTC breaks out, consider opening a long position.
If rejected, a short position might be viable.
5. Use Stop Loss Orders 🛡️
Ensure to set tight stop loss orders to manage risk effectively.
This helps protect against unexpected movements.
6. Stay Updated 📈
Continuously monitor the market and adjust your strategy as new information becomes available.
