#SwingTradingStrategy

$BTC

With the price of #BTC dropping to 103000$ , the strategy #SwingTradingStrategy highlights a clear buying opportunity in strong support areas. Currently, the range of 102600$ -103500$ is considered a strong attraction zone for traders, supported by the current price. Once the rebound within this range is confirmed, entry can be made at 103200$ with a stop loss at 102500. The initial profit-taking should be at the nearby resistance of 105000, followed by higher levels at 106200 if momentum continues. Using indicators like RSI and MACD is good for confirming momentum reversal, and one should ensure discipline in risk management. Trading on a swing basis allows one to manage the medium-term without getting caught up in the momentary market fluctuations.