#CircleIPO Stop Loss: $105,000
Why Long?
BTC formed a base around $105,100 after multiple red candles and is now breaking back above previous resistance ($105,400) with volume confirmation. The bullish engulfing candle shows demand stepping in aggressively. If momentum continues, a push toward the $106,800 supply zone is likely.
Risk Management Tip:
Keep your stop tight below $105,000. Re-enter only on strong candle closings above intraday highs to avoid fakeouts.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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