Cryptocurrency $BTX reached an important support level around $0.037, which could be a turning point for regaining momentum in the market. This level is a significant zone for observation and a potential entry point for crypto investors and traders.
Optimal buying zone$BTX :
The recommended entry range is between $0.0366 and $0.0373, which is considered the "sweet spot" for opening a position with minimal risk.
Target levels for trading $BTX :
First target: $0.0382
Second target: $0.0394
Third target: $0.0410
These levels can be used for scalping or medium-term trading, depending on the investor's strategy.
Risk management and stop-loss:
To protect capital, it is recommended to set a stop-loss at $0.0360 to limit potential losses in the event of unfavorable price movements.
Monitor the dynamics of BTX and use technical analysis of cryptocurrencies to make informed decisions. Constant monitoring of key levels will help traders and investors maximize profits and minimize risks.
