$BTC
1. **Entry:**
Current price (~117,450) or dips near **116,800** (if retesting support).
2. **Risk Management:** Keep position size ≤2-3% of capital.
3. **Confirmation:** Watch for RSI reversal >40 and OBV turning positive for stronger momentum.
Profit-Taking Targets (Spot Trade):**
1. **Target 1 (T1):** **119,130 - 119,430**
- Near 24h high and Bollinger Middle Band (MB).
- Partial exit (~30% position).
2. **Target 2 (T2):** **121,500 - 122,600**
- Upper Bollinger Band (UP) and minor resistance.
- Exit another 40% position.
3. **Target 3 (T3):** **123,500 - 124,500**
- Strong resistance (previous highs, upper Bollinger extension).
- Final exit (~30% position).
### **Resistance Levels:**
- **R1:** 119,130 (24h high)
- **R2:** 122,601 (Bollinger UP)
- **R3:** 124,474 (Chart high)
### **Stop-Loss (SL):**
- **Conservative SL:** **115,300 - 115,500**
- Below Bollinger Lower Band (DN) and recent lows.
- **Aggressive SL:** **116,800**
- Just below 24h low (116,803.99).
**Note:** If price breaks below **115,300**, reconsider the trade (downtrend may strengthen).