#PostonSquaretoEarn$50 💡 Strategy Confirmation and Refinement
Your strategy is sound as it covers the three main scenarios—Range, Breakout, and Breakdown—with explicit stop-loss and take-profit levels.
1. Range Trading (Current Focus)
Action: Light Long at $86,500 – $87,500 (using the bounce from the recent low).
Risk/Reward: The stop-loss at $85,000 is tight and appropriate for a short-term range trade, targeting the first major resistance at $90,000 and a stretch to 93,000.
Confirmation: Wait for a clear sign that the $86,000-$85,500 support is holding (e.g., a strong bullish candle on a 15