đ BTC/USDT Trade Plan & Analysis đđĽ
đš Pair: BTC/USDT
đš Timeframe: 4H
đš Current Price: $102,257.52
đš 24H High/Low: $106,012 / $101,560
đš Volume: 21,293 BTC (24H)
đ Market Overview
BTC is showing strong volatility, with a recent rejection from the $106K resistance. The price is currently consolidating near $102K, testing key support levels. The recent drop indicates profit booking, but bullish momentum may resume if key supports hold.
đ Trading Strategy
đš Bullish Scenario (Long Entry)
đ Entry Zone: $101,500 - $102,000
đŻ Target 1: $104,500
đŻ Target 2: $106,000
đ Stop Loss: $100,500
đ Confirmation: Bullish engulfing candle or volume spike near support
đť Bearish Scenario (Short Entry)
đ Entry Zone: $104,500 - $105,000
đŻ Target 1: $102,000
đŻ Target 2: $100,500
đ Stop Loss: $106,500
đ Confirmation: Rejection from resistance with strong red candle
đ Technical Indicators & Analysis
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Support Levels: $101,500 - $102,000
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Resistance Levels: $104,500 - $106,000
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Volume: Increasing on dips, indicating accumulation
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RSI: Near mid-range, no extreme overbought/oversold conditions
đ Trade Outlook & Risk Management
BTC is currently at a crucial level, and a breakout or breakdown will decide the next big move. Manage risk with strict SL and book partial profits at key levels.
đ Trade Wisely, Stay Disciplined & Keep Learning!
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