$BTC Approaching Support โ Opportunity for Bounce ๐
Trade Signal (Day Trade โ Long Setup):
Buy Range: 90,300โ90,600 (current price 90,518)
TP1: 91,000
TP2: 91,850
TP3: 93,000
SL: 89,400
Leverage: 20โ50x (risk 1โ2%)
{future}(BTCUSDT)
Spot Buyers: Open Trade in Spot๐๐ป
$BTC between $90,200โ$90,500 offers accumulation opportunity. Avoid chasing if breakout happens without retest.
Why This Trade:
Bitcoin is currently testing a key support area after pulling back from $93,082. Price is still holding above EMA200 (89,876) and sitting around the lower Bollinger band (LB 90,396), suggesting potential for rebound. Though recent candles show selling pressure, buyers have consistently stepped in near $90,200โ$90,400. Price is attempting to stabilize around EMA14 and EMA25, indicating short-term recovery chances if $90,500 holds. Momentum is still intact as long as price stays above SL. If TP1 hits, move SL to entry and trail. Volume profile suggests controlled selling rather than panic breakdown. If youโre still not following Token Talk daily trades, youโre making a mistake โ $BTC could bounce faster than expected.
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