BTC/USD is showing a potential buy opportunity following a breakout of the downward trend on the 30-minute timeframe. This breakout signals a possible shift in momentum toward the upside.
Trade Setup: 🟢 Buy Entry: 96,000 🔴 Stop Loss: 94,900 (Below key support to manage risk)
Risk Management: ⚠️ Always use a stop loss to protect capital in case of unexpected reversals. 📊 Risk-to-reward should be at least 1:2 or 1:3 for optimal trade setups. 💰 Avoid overleveraging—proper position sizing ensures account sustainability. 👀 Monitor price action closely, and adjust stop-loss levels as the trade moves in profit.
If BTC/USD holds above 96,000, bullish momentum could drive prices toward the targets. However, patience and confirmation from price action are key before entering the trade.