@obaker470 on BTCUSD | PriceONN Community

Given the current consolidation pattern around the 71k level and the neutral RSI on the H4, I'm scaling into a long position. I've initiated with a 2% position size, planning to add another 3% if price confirms a break above the R1 pivot at 71637. SL is set just below the 50 SMA, around 70700, providing a reasonable risk-reward ratio for this initial entry.