$BTC
Long signal alert! ๐
๐ Entry zone: 107,200 โ 107,300
๐ฏ Targets:
โข Target 1: 108,000
โข Target 2: 108,400
โข Target 3: 109,200
๐ป Stop loss: 106,800
๐งญ Main support level: 107,000
๐ Trend direction: Forming an upward recovery near the main support area. Buyers are entering around 107K.
๐ง Analysis:
BTC is hovering near strong demand at 107K after a slight drop. If the bulls hold this area, we may see a push towards previous resistance levels. The risk-to-reward ratio favors an upward move from here.
๐ Strategy:
โข Place a position with a tight stop loss below the last low
โข Trail the stop loss after reaching Target 1