btc Trade Idea: Long Position
Entry: Buy/Long at current levels (~$87,850) or on dip to $87,500–$87,600 (strong support zone).
Targets:
TP1: $88,000–$88,200 (quick scalp, recent resistance)
TP2: $88,500–$89,000 (if breakout above $88K)
Stretch: $90,000+ (year-end push potential)
Stop Loss: $87,200 (below 24h low and key support) – Risk ~1–1.5% depending on leverage.
Risk/Reward: 1:2 to 1:3+ (conservative scaling out).
Leverage: 5–10x max (or spot for lower risk) – Avoid high leverage in low-volume weekend.
Rationale:
Holding above all key MAs.
Minor rebound from lows, low volume suggests consolidation rather than strong sell-off.
Potential for year-end squeeze if bulls defend $87K.
Risks: Weekend low liquidity – could wick lower. If breaks $87,200 decisively, flip to short targeting $86K.
Not financial advice – DYOR, manage risk! 🚀 #BTC #CryptoTrade