$BTC The limit entry has been hit on this position.



We hit 2RR, but saw a huge bounce off $63.2k.

If price action continues and we get stopped out, I’ll be looking for the 0.5 fib level to get tested before trying to catch another move lower.

The risk-reward simply isn’t there to try and catch the local top here.
BTC0.45%
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FeeSwitchLobbyist
· 5h ago
Getting 2RR into your pocket first, now chasing the short position, the profit and loss ratio indeed doesn't look good.
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GateUser-665eb149
· 5h ago
63.2k This support is truly strong—waiting for a 0.5 fib retracement to pull back before getting in will be more stable.
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