$BTC has experienced a sharp correction, leading to extreme

$BTC has experienced a sharp correction, leading to extreme volatility. However, indicators suggest Bitcoin is currently oversold, with liquidity noted on the upper side. These factors hint at potential for a relief bounce.A quick scalp long is being considered based on this technical outlook. Traders are advised to exercise caution due to the current market conditions.
Entry Zones (DCA) 👇
Entry 1: 77,800–77,200
Entry 2: 76,400–75,800
Entry 3: 75,500–74,800
SL: 73,800
TP Levels 🎯
TP 1: 79,200
TP 2: 79,800
TP 3: 81,000
TP 4: 81,800
TP 5: 83,000
TP 6: 84,500
🚨 Risk Management Warning 🚨
Bitcoin is highly volatile and prone to sudden price swings that can liquidate positions quickly. It is recommended to allocate no more than 0.5-1% of your portfolio to this trade.
Consider securing 30-40% of profits at TP1, then move your SL to 75,900. Take 40-50% at TP2, and keep a small runner for further TP levels only if strong momentum persists.
Trade responsibly.
$BTC
(BTCUSDT)
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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}$BTC has experienced a sharp correction, leading to extreme volatility. However, indicators suggest Bitcoin is currently oversold, with liquidity noted on the upper side. These factors hint at potential for a relief bounce.

$BTC has experienced a sharp correction, leading to extreme volatility. However, indicators suggest Bitcoin is currently oversold, with liquidity noted on the upper side. These factors hint at potential for a relief bounce.