BTC/USD Bounce Play: Waiting for the Dip Before the Rip!
BTC/USDLongIntraday3h ago3 views
Trade Setup
Entry Price
73494.00
Stop Loss
69932.00
Take Profit
78837.00
Risk : Reward
1 : 1.50
RiskReward
Hey legends, Hudson here from Brissy! Checking in on BTC/USD today. It's been a bit of a choppy one, hey? We're currently sitting around 74206, down about 1.81% in the last 24 hours, so the overall vibe is definitely a bit bearish right now. That said, I'm looking at a potential intraday long setup if we get the right conditions.
Technical Read: Looking for the Sweet Spot
While the trend is currently bearish, I'm not chasing the dip. I'm looking for a solid bounce play. We've seen the day range hit a low of 72721.88, and there are some interesting support levels around 74150 and 74100. My plan is to wait for a deeper pullback, aiming for an entry around 73494. This gives us a chance to buy into a stronger support zone, rather than jumping in too early. It's all about patience, especially
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