Direction: Long (buy $BTC )

Entry: Current levels around $62,900 or on any quick wick lower toward $62,500–$62,700
👉Take Profit targets: First partial: $64,000 – $64,500
👉Next: $65,500 – $67,000 (if it reclaims the broken zone)
✋Stop Loss: Below $62,000 – $62,200 (tight — this is key now that support has been tested)
☝️Risk per trade: Max 1% of your capital
☝️Leverage (if futures on Gate): Keep it very low (1x–3x recommended at these levels)

Why this setup?
We’re at a lower support test after the quick drop. If it holds and bounces, the upside to reclaim $64k–$65k is attractive. If it fails, the stop protects you quickly.
Short-term Bearish AlternativeIf price closes decisively below $62,500 with volume, a short (sell) targeting $61,000 – $61,500 could be considered — but only with strict stops above $63k. This is higher risk if we’re actually forming a bottom. #MyGateTradeStory