Current Situation #BTC has broken above 83,500, but RSI is currently above 70 (overbought). Be cautious of a pullback.
Trade Plan:
1. Entry Strategy:
Potential entry points:
(79,000-80,700)
Confirmation: Look for bullish reversal signals and RSI below 70 before entering.
2. Exit Strategy:
First exit: 83,450 (previous resistance).
Second exit: 85,000
3. Stop-Loss Strategy:
( 77,500 - 78,500)
tight stop loss