Trade Execution for Bitcoin Token ($BTC BTC)

Trade Type: Long (Buy)

Entry Price: 83,660

Take Profit (TP): 85,600

Stop Loss (SL): 82,600

Risk-Reward Ratio (RRR): 1.94 (Calculated as (TP - Entry) / (Entry - SL))

Trade Justification:

Trend Analysis: Bitcoin Token is in a horizontal trend channel, indicating continued movement within the range.

Technical Indicator Confirmation: A bullish signal from the moving average suggests further upside potential.

Risk Management: A well-placed SL below support to protect capital while allowing room for volatility.

Trade Management Strategy:

Monitor price reaction near the entry zone—if price consolidates, it may confirm strength before moving up.

If BTC moves near TP quickly, consider adjusting SL to breakeven to secure profits.

**If BTC struggles near resistance (85,000–85,600),

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