$BTC
$BTC /USDT · Bias: SHORT
BTC price below bearish EMA stacks on 4h and 1h, so sellers should keep controlling.
Entry: 69331.02 – 69466.38
TP1: 68227.03 (-1.7%)
TP2: 67445.92 (-2.8%)
TP3: 66274.25 (-4.5%)
SL: 70960.93 (+2.3%)
Note: moderate conviction only, keep size light.
Why: The 4h trend shows price below EMA50 under EMA200, a bearish stack meaning the swing trend is down.
Risk: Price is washed out, bounces are common from here (4h RSI 16.7, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
What is your view on this short setup?
⚠️ Personal market analysis only. NFA — manage risk and DOYR.
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#BTC