My Latest $BTC TC Trade on Binance
Earlier today, I entered a long position on $BTC after observing a strong bounce from the $60,000 support level on the Binance BTC/USDT chart. The daily chart showed a bullish engulfing candle and RSI was recovering from the oversold zone, suggesting a possible reversal. I used 3x leverage in isolated margin mode to keep risk under control.
I entered the trade at $60,500 and set a take-profit at $62,200, with a stop-loss placed at $59,500. Within a few hours, Bitcoin started gaining momentum and the trade moved in my favor. I exited manually at $61,950, just before hitting my target, locking in solid profits.
Trading $BTC on Binance has been smooth lately, especially with all the volatility returning to the market. My main focus is to wait for high-probability setups instead of forcing trades. I plan to stay cautious and watch for the next breakout above $63,000 before entering any new position.