๐ BTC/USD BUY @ 113,500
๐นTP1: 114,500 ๐นTP2: 116,500
๐ป SL: 112,800
Trade scenario: Price has bounced strongly from the local support around 113,000 after a fakeout, showing demand absorption. The bullish momentum suggests a move toward the local resistance and into the supply zone above. TP1 captures the immediate resistance, while TP2 targets the broader supply zone for extended profit.
Risk Management Tip: Take partial profits at TP1 and move your stop loss to breakeven. This locks in gains while allowing the trade to run toward TP2 with no additional risk.