You can check previous posts to verify strength. Current price: BTCUSDT 88021.30
Direction: Short
Entry price: Around 89232
Replenishment price: 90150, 90800
Replenishment rules: Use pyramid scaling, with the first replenishment point adding 50% of the initial position, and the second replenishment point adding 30%. The total position risk exposure should not exceed 5% of the total account funds. The triggering condition is when the price reaches the replenishment point and the 1-hour RSI rebounds above 60 or a bearish Pin Bar pattern is confirmed.
Position management: It is recommended that the initial position risk be 1% of the total account funds (for example, a $10,000 account corresponds to a potential loss of $100), using no more than 5x leverage. The total margin for positions should not exceed 10% of the account equity.
Take profit price:
TP1: Around 87000 (corresponding to 40% of the initial position)
TP2: Around 86000 (corresponding to 40% of the remaining position)
TP3: Around 84000 (corresponding to the last 20% of the position)
Stop loss price: 91500. Personal advice is for reference only.
