Trading Plan Short $BTC
$BTC broke below 61.5k support after a weak bounce, showing continued weakness.
Entry: $61550-$62500
Stoploss: $63550
Targets: $60600 / $58500 / $54500
Price lost 61.5k support after yesterday's range high rejection. The 1H EMA21/50 are acting as resistance. Taker sell volume dominates on this leg down, pushing price to lower Bollinger Band. Funding is neutral but OI added 1.23% on the move, suggesting real shorts building. Reclaim $63550, short invalid.
Trade $BTC here 👇
$BTC broke below 61.5k support after a weak bounce, showing continued weakness.
Entry: $61550-$62500
Stoploss: $63550
Targets: $60600 / $58500 / $54500
Price lost 61.5k support after yesterday's range high rejection. The 1H EMA21/50 are acting as resistance. Taker sell volume dominates on this leg down, pushing price to lower Bollinger Band. Funding is neutral but OI added 1.23% on the move, suggesting real shorts building. Reclaim $63550, short invalid.
Trade $BTC here 👇