$BTC Signal:
Entry: 📈 $81,269.85
Stop Loss (SL): 🚫 $79,500.00
Take Profit (TP): 💰 $82,092.34 (First Resistance)
Exit: 🔄 Exit when price hits TP or if RSI > 70 (overbought)
Explanation:
Entry Point: We are entering the market at $81,269.85 after the price moves above the support level and shows a bullish trend.
Stop Loss: Set at $79,500.00 to limit potential losses if the price reverses down.
Take Profit: The first TP level is $82,092.34, which is the resistance area. If the price hits this level, you can take profits.
Exit Strategy: If price reaches the TP level or if the RSI crosses above 70, indicating overbought conditions, exit the trade.