#btc $BTC

Long Trade Setup (Buy Position)

Entry Zones:

Aggressive Entry: 86,300 – 86,500

Conservative Entry: 83,200 – 84,500

Stop-Loss (SL):

Aggressive Entry SL: Below 85,500

Conservative Entry SL: Below 82,500

(or tighter at 83,000 if you're managing risk more actively)

Take-Profit (TP) Zones:

First Target (TP1): 87,450 – intraday resistance

Second Target (TP2): 88,765 – local high

Third Target (TP3): 89,478 – top of range (strong resistance)

Risk-Reward Example (Conservative Entry):

Entry: 84,000

SL: 82,500

TP1: 87,450

Risk: 1,500

Reward (TP1): 3,450 → Risk-Reward ~1:2.3

Extra Tip:

Since RSI and Wm %R are in overbought territory, price might pull back a little. Consider dollar-cost averaging (DCA) into the entry zone and watch for a bullish candlestick reversal as confirmation.

Want a short trade setup as well in case it rejects from resistance?