$BTC has pulled back below the 94500 resistance zone. Currently watching for a short entry around this level with targets pegged at the yearly open range of 87500-88000. Tight stop loss positioned at 95500 to manage downside risk. The setup offers a favorable risk-reward structure for swing traders looking to capitalize on the pullback momentum.
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CodeAuditQueen
· 7h ago
The risk-reward ratio looks good, but this stop-loss setting is a bit loose... 94500-95500 only has a 1000-point buffer, making it easy to be wiped out. Just like the boundary condition checks in smart contracts are not strict enough, details determine success or failure.
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SerLiquidated
· 7h ago
I am bearish on the 94500 breakdown, but can 88000 really be reached... feels a bit optimistic.
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TokenomicsTinfoilHat
· 7h ago
94500 broke? Hmm, this pullback looks a bit comfortable.
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BlockchainRetirementHome
· 7h ago
Hi, really? If it can't break 94,500, it might drop down to 87,500. That's quite a gap... But on the other hand, I have to admit, tightening the stop-loss at 95,500 is commendable; at least there's no YOLO attitude.
$BTC has pulled back below the 94500 resistance zone. Currently watching for a short entry around this level with targets pegged at the yearly open range of 87500-88000. Tight stop loss positioned at 95500 to manage downside risk. The setup offers a favorable risk-reward structure for swing traders looking to capitalize on the pullback momentum.