📉 Market Analysis:
BTC has reached a support area, potentially signaling a relief bounce.
This presents a scalp trading opportunity for BTC and PYR.
🔄 Trading Plan:
Enter a spot long trade in the current $4.50 - $4.65 support area.
Take Profit at the next resistance area between $4.90 - $5.00.
⚠️ Risk Management:
Set a tight stop loss just below $4.40 to mitigate potential losses.
Acknowledge trading against the higher time frame trend and be prepared to exit if the market turns back to the downside.
📣 Stay vigilant for market developments and adjust trade plans accordingly! 📰💹 #BTC #PYR #TradingStrategy 🌐💱
BTC has reached a support area, potentially signaling a relief bounce.
This presents a scalp trading opportunity for BTC and PYR.
🔄 Trading Plan:
Enter a spot long trade in the current $4.50 - $4.65 support area.
Take Profit at the next resistance area between $4.90 - $5.00.
⚠️ Risk Management:
Set a tight stop loss just below $4.40 to mitigate potential losses.
Acknowledge trading against the higher time frame trend and be prepared to exit if the market turns back to the downside.
📣 Stay vigilant for market developments and adjust trade plans accordingly! 📰💹 #BTC #PYR #TradingStrategy 🌐💱