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📊 Trade Setup • Capital to Trade: $500 • Risk Tolerance: 5% • Risk per Trade: $500 × 0.05 = $25 ⸻ 📈 Technical Analysis • Current Price: $94,955 • Immediate Support: $93,000 • Immediate Resistance: $95,000 • Key Support Level: $90,000 • Key Resistance Level: $100,000 ⸻ 🔐 Risk Management • Stop-Loss: Set at $93,000 (approximately 1.96% below the current price) • Position Size: $25 ÷ ($94,955 - $93,000) ≈ 1.25 contracts (adjust based on your broker’s contract size) ⸻ 🎯 Profit Target • Target Price: $100,000 • Potential Profit: ($100,000 - $94,955) × 1.25 contracts = $6,181.25 ⸻ ⚠️ Important Considerations • Market Volatility: Bitcoin is known for its price fluctuations; ensure you’re comfortable with potential volatility. • Liquidity: Ensure sufficient market liquidity to enter and exit positions without significant slippage. • Brokerage Fees: Account for any trading fees or spreads that may impact your net profit.$BTC
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BlackRock (IBIT) accumulated 25,430 BTC($2.37B) over the past 7 days, bringing its total holdings to 601,209 BTC($56.11B). $BTC #btc
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Stuck on monthly closing $TIA $ENA
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Are you ........???? Solana Lover ❤️ Ethereum Lover 🔥
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