#SwingTradingStrategy

With the price of #BTC retreating to 103000$ , 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 bounce within this range is confirmed, one can enter at 103200$ with a stop loss at 102500. The initial profit-taking is at the nearby resistance of 105000, followed by higher levels at 106200 if the momentum continues. Using indicators like RSI and MACD is advisable to confirm the momentum reversal, and one should ensure discipline in risk management. Trading on a swing timeframe allows handling the medium term without being preoccupied with short-term market fluctuations.