I opened a position today on the Bitcoin/US Dollar (BTC/USDT) pair as it hovered around $102,900, reacting to a clear rebound from the short-term trading range between $102,000 and $103,000. I felt a shift in momentum when the price dipped to about $102,500 twice - where strong support emerged. Therefore, I decided to take a long position with a modest profit target of 0.4% around $103,300, and set a stop-loss order just below $102,400 to manage risk.
Within 30 minutes, the price rose slightly and I exited near $103,300, securing a small but steady profit. I always note the entry time, price levels, and trading justifications immediately after closing the trade - this really helps improve strategies over time. Bitcoin's liquidity makes it ideal for these short-term trades, and the clear support and resistance movement today provided an excellent setup. 0777650919586566850412#USNationalDebt #MarketPullback #PowellVsTrump #SwingTradingStrategy