$BTC USD BULLISH BREAKOUT SETUP
๐The $BTCUSD pair is showing a strong bullish momentum after consolidating near๐ key support levels๐ง๐ด.$BTC๐ฆ๐น Price is approaching a resistance breakout zone, suggesting a potential upward move. Key indicators confirm buyers are in control, with RSI trending above 50 and MACD showing bullish crossovers.
Trade Setup:
Long Entry: Above recent consolidation high
Target 1 (TP1): Next resistance level
Target 2 (TP2): Higher swing high
Stop Loss (SL): Below key support level
Risk Management:
Maintain a risk-reward ratio of at least 1:2. Only risk 1-2% of trading capital per trade. Monitor price action closely around breakout levels.
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