$BTC #bitcoin☀️ BTC/USDT Long Call Signal:
Entry Price: 62,000
The price is trending upwards with strong momentum, supported by the 7-day and 25-day moving averages.
Stop Loss (SL): 60,000
Set below the recent support level to manage risk.
Take Profit (TP) Targets:
TP1: 63,000
Targeting the previous high as the first resistance level.
TP2: 64,000
Aiming for further upside as bullish momentum continues.
TP3: 65,000
Capturing further gains if the price maintains its upward trend.
TP4: 66,000
Extended target for a full rally continuation.
---
Why Long?
Uptrend with Strong Momentum: The price is supported by key moving averages and has recently broken through previous resistance.
RSI: The RSI at 72.81 is overbought, but this suggests strong bullish momentum, which often precedes further gains before a potential pullback.