š $BTC Long: Entered at 60,405, targeting 61,473 for a short-term rebound.
- Rejection at 61,723 (MA 200) shows strong resistance, with momentum shifting to a potential bounce.
- RSI oversold and price consolidating near support, signaling a possible move up.
- Watching for a rebound to key MA levels before further breakdown.
Plan: Take profit at 61,473 and exit if price drops to 60,561, locking in profit. Risk-to-reward ratio of 1:6.8, making it a favorable setup. Letās see how it plays out!
