BTC/usdt
Trading plan
1. Entry Point:
Buy Bitcoin (BTC) if it breaks above $91,100.
Alternatively, buy if it dips and shows signs of recovery around $90,000.
2. Stop-Loss (SL):
Set a stop-loss at $89,000 to limit potential losses.
3. Take-Profit (TP):
First take-profit at $92,500 to secure gains.
If momentum continues, aim for $93,500 or higher.
4. Leverage:
Use low leverage, like 3x-5x, to manage risk and prevent quick losses.
5. Risk Management:
Only use a small portion (1-2%) of your total trading funds for this trade to minimize risk.
Keep an eye on market updates to react quickly if needed.