$BTC /USDT Signal
Current Price: $95,373
Trade Idea:
With BTC nearing the lower trendline of the channel and testing support levels, we can focus on both long and short setups depending on price movement:
Scenario 1: Long Position (Bounce Play)
• Entry: $94,000 - $95,000
• Targets:
• $96,500
• $98,000
• $100,000
• $104,000 (channel resistance)
• Stop Loss: Below $92,000
Scenario 2: Short Position (Break of Support)
• Entry: Below $93,800
• Targets:
• $92,000
• $90,000
• $87,000
• Stop Loss: Above $95,500
Leverage: 3-5X recommended for futures trading (adjust risk accordingly).
Risk Management: Use 1-2% of your portfolio to manage potential drawdowns.
Note: A breakout or breakdown from this channel could result in a strong directional move. Keep an eye on volume confirmation! 🚀