BTC Dip? More Like a Discount! My Scalp Long Play is ON! 🚀

Market Vibes & My Entry Strategy

What's up, KoraFX fam! Dhruv here from Chennai! 👋 Yeah, I know BTC/USD is showing a bearish trend today, currently chilling around 71162, down about 2.6% from yesterday. The day range has been wild from 69738.76 to 72585.24. But guess what? I see opportunity in this dip! ✨ We've got solid support bouncing around 71100 and 71050. For me, this is just a quick shakeout before the next leg up! My entry is set for a scalp long at 70820. Let's get it!

Targets & Risk Management

My trade setup is clear: I'm going long on BTC/USD, targeting 75090. That's right, aiming for those higher highs! 📈 We've got immediate resistance at 71200 and 71250, but once we clear those, the path to 72585.24 and beyond looks promising. My stop loss is tight at 69112 because even though I'm super bullish, gotta manage that aggressive risk! 🛡️ This isn't just a technical play; the overall market sentiment for crypto remains strong, institutionals are piling in