$BTC Trading Plan
✅ Entry Range: Buy between $94,200 – $94,800 as price is consolidating below local resistance with strong trend support.
⛔ Stop Loss: Set at $92,500 to protect against a breakdown below the recent consolidation zone and MA(7).
🎯 Profit Goals:
Target 1: $95,750 📍 (Test of recent high – move stop-loss to breakeven here)
Target 2: $97,200 🎯 (Fibonacci extension zone / breakout target)
Target 3: $100,000 🚀 (Psychological round-number resistance)
⚖️ Risk/Reward Ratio: Aiming for a strong 2.5–3:1 depending on execution.
🔄 Strategy: Once Target 1 is hit, shift stop-loss to entry to reduce risk and let profits run. If candles close below MA(7) on high volume, consider exiting early.
⚡ Reminder: RSI is 78+, showing potential overbought conditions—watch for pullbacks or false breakouts.