BTC

$BTC trade Setup

Current price: ~112,950

Price is holding above the green & blue moving averages → suggests bullish structure

RSI ~ 43 → Slightly bearish but neutral zone (no overbought/oversold)

A strong resistance zone above 113,500–114,000

Local support around 112,200–112,400


Price is consolidating after a pullback, suggesting a possible continuation move.


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✅ Trade Setup

📈 Option 1 — BUY Setup

> Bias: Price is still above main support → bullish continuation possible



🔹 Entry:
➡️ Buy at 112,700–113,000

🔹 Stop Loss (SL):
🔻 111,800 (below support + moving average)

🔹 Take Profit (TP):
🎯 TP1: 113,800 (previous minor top)
🎯 TP2: 114,800–115,200 (major resistance zone)

✅ Reasoning

Above MAs → still bullish structure

RSI neutral → room to move up

Local pullback could be forming a higher low



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📉 Option 2 — SELL Setup (Only if rejection)

> If price rejects from 113,800–114,000



🔹 Entry:
➡️ Sell at 113,800–114,000

🔹 Stop Loss (SL):
🔻 114,800

🔹 Take Profit (TP):
🎯 TP1: 113,000
🎯 TP2: 112,200

✅ Reasoning

Key resistance level

RSI not strong → upside momentum limited

Rejection could pull price to lower support



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✅ Summary Table

Direction Entry SL TP1 TP2

✅ BUY 112,700–113,000 111,800 113,800 115,000
✅ SELL 113,800–114,000 114,800 113,000 112,200



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✅ Best Setup

➡️ Buy dips above 112,700 while price stays above support
➡️ Only short if candle rejects 113,800–114,000


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⚠️ Risk Warning
BTC can move fast; always manage position size.

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