đ My Current Trading Operation
â Asset: BTC/USD
đ Position: Swing Long
đŻ Entry Range: $102,600â$103,000 (recent intraday low)
đ Stop-Loss: $101,500 (below key technical support)
đŻ Profit Target: $106,500â$107,000 (recent intraday and weekly highs)
đ§ Setup & Reasoning:
Price rebounded off the $102.6k level, which coincides with both the intraday low and the 50âday MA around ~$102k .
Onâchain data shows strong accumulation: a 12% increase in wallets holding over 100âŻBTC in the past week .
Despite macro uncertainties, BTC stability and institutional inflows suggest near-term strength .
Technicals: RSI is currently midârange (~58), indicating room to run before overbought territory .