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🔥🔥Strategy Idea: Range Scalping & Trend Continuation $BTC
BTCUSDT
Perp
104,597.5
+1.65%
🔹 Observed Setup:💯💯
Price recently bounced from ~$101,000 and is now testing a key resistance zone near $104,700-$105,000.
RSI sitting around 49 – signaling neutral momentum.
Strong order book resistance suggests potential for short-term rejection.
🔹 Possible Scenarios:💰💰
Breakout Long: If BTC breaks and holds above $105,000 with volume, target $106,200+.
Fade the Move (Short): If BTC fails to break $105,000 and forms a lower high, consider shorting towards $103,000 with tight risk.
Range Scalping: Enter long near $103,800-$104,000 and sell near $104,800-$105,000.
🛡️ Risk Management:⚡⚡
Use 1-2% stop loss based on position size.
Monitor macro news & volume spikes.
💬 Stay alert for fakeouts and order book manipulation. Strategy works best during sideways or slow trending sessions.