$BTC Future sign
🔍 Technical Overview:
Current Price: $101,113.9
24h Low: $98,115.4 (strong recent support)
24h High: $102,910.7 (strong recent resistance)
Moving Averages:
MA(7): $101,025.2
MA(25): $101,016.6
MA(99): $103,219.3
Recent price bounced strongly from $98,115.4 and is now consolidating around $101,100. Volume has cooled down after a spike.
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✅ Trade Setup – Long Position (Buy)
Entry (⛳): $101,100 - $100,950
(Slight dip into support for better risk/reward)
Stop Loss (⛔): $99,480
(Below previous local structure and safety margin)
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🎯 Take Profits (TPs)
TP1: $102,200
(Near recent short-term resistance zone)
TP2: $103,000
(Psychological level + MA(99) proximity)
TP3: $104,000
(Strong resistance and top of visible range)
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📊 Risk-to-Reward (R:R)
Risk: ~ $1,620
TP1 Reward: ~ $1,100 → R:R ~ 0.68
TP2 Reward: ~ $1,900 → R:R ~ 1.17
TP3 Reward: ~ $2,900 → R:R ~ 1.79
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🧠 Notes:
Avoid chasing price above $101,300 without confirmation (wait for pullback).
This is a short- to mid-term setup, suited for 4–8 hour horizon.
Use trailing stop if TP1 is hit to protect profits.$BTC