Best Options for Trading
Intraday evolution shows volatility (peak $864, dip $849), favoring pullbacks in uptrend. Prioritize bullish positions with risk management.
Pullback Strategy (Main Recommendation, Probability ~65%):
Entry: Buy at $849-843, if it rebounds with a green candle.
Target: $855-860, extension $864-900.5734a9
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Stop-Loss: $843 (minimum 24h) or $836.
Rationale: Current dip (negative MACD) offers a cheap entry in an uptrend; volume suggests accumulation.
Risk/Reward: 1:3, for swing (1 day).
Bullish Breakout Strategy (Aggressive, Probability ~60%):
Entry: Buy > $860 with volume.
Target: $864 (ATH), $900-950.
Stop-Loss: $855.
Rationale: If it regains momentum (as at 6:50 PM), breakout post-dip.
Risk/Reward: 1:4.
Bearish Strategy (Conservative, ~30%):
Entry: Short < $843.
Target: $836-800.
Stop-Loss: $849.
Rationale: Only if MACD deepens; contrary to bull market.