1 day .$BTC #PCEInflationWatch Entry Points:
Aggressive Entry: 5.3000 (if price breaks above this level with volume)
Conservative Entry: 5.2500 (on confirmation of a bounce near support)
Stop-Loss Placement:
Place stop-loss at 5.1500, just below the recent support, to protect against downside risk.
Take-Profit Targets:
First Target: 5.5000 (near immediate resistance)
Second Target: 5.7000 (further resistance level for strong bullish momentum)
Risk-Reward Ratio:
Aim for a minimum risk-to-reward ratio of 1:2 for a safer trade setup.