🚀 $BTC USDT Trade Setup (Short-Term)

BTCUSDT
Löpande
78,884.6
+1.23%
🚀 $BTC USDT Trade Setup (Short-Term)
The chart shows Bitcoin struggling to maintain momentum above the $89,000 mark, with a slight retracement forming. This setup looks at a potential "Long" entry if support holds, or a "Short" if it breaks. Given the current green candle building at support:
Trade Direction: LONG 🟢
Entry Price: $88,447.6 (Current Market Price) or a limit order at $88,290 (recent candle low).
Take Profit (TP): $89,800 (Aiming just below the 24h high of $88,983 to ensure execution).
Stop Loss (SL): $87,800 (Placed below the recent consolidation cluster to protect against a trend reversal).
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