📊 BTC/USDT Trade Plan & Analysis 🚀🔥
🔹 Pair: BTC/USDT
🔹 Timeframe: 4H
🔹 Current Price: $102,257.52
🔹 24H High/Low: $106,012 / $101,560
🔹 Volume: 21,293 BTC (24H)
📌 Market Overview
BTC is showing strong volatility, with a recent rejection from the $106K resistance. The price is currently consolidating near $102K, testing key support levels. The recent drop indicates profit booking, but bullish momentum may resume if key supports hold.
📈 Trading Strategy
🔹 Bullish Scenario (Long Entry)
📍 Entry Zone: $101,500 - $102,000
🎯 Target 1: $104,500
🎯 Target 2: $106,000
🛑 Stop Loss: $100,500
📌 Confirmation: Bullish engulfing candle or volume spike near support
🔻 Bearish Scenario (Short Entry)
📍 Entry Zone: $104,500 - $105,000
🎯 Target 1: $102,000
🎯 Target 2: $100,500
🛑 Stop Loss: $106,500
📌 Confirmation: Rejection from resistance with strong red candle
📊 Technical Indicators & Analysis
✅ Support Levels: $101,500 - $102,000
✅ Resistance Levels: $104,500 - $106,000
✅ Volume: Increasing on dips, indicating accumulation
✅ RSI: Near mid-range, no extreme overbought/oversold conditions
🚀 Trade Outlook & Risk Management
BTC is currently at a crucial level, and a breakout or breakdown will decide the next big move. Manage risk with strict SL and book partial profits at key levels.
📍 Trade Wisely, Stay Disciplined & Keep Learning!
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