$BTC DUMPED 4% — NOW I'M WATCHING THIS SHORT ZONE 🎯
Entry: 63,050 - 63,250 🔥
Target: 62,700 / 62,350 / 61,900 🚀
Stop Loss: 63,800 ⚠️
Semiconductor weakness hit BTC hard — chip index dropped 4.3% and the Nasdaq followed. Lower PPI and jobless claims trapped a ton of leveraged longs, fueling the dump. BTC is now at a demand zone around 62,500–62,700, but the intraday structure is bearish with lower highs and lower lows.
My plan: only short if we get a clean bounce into that entry zone and see a 15-minute rejection. No chasing — that's how traps happen. Are you waiting for the bounce or staying on the sidelines?
Not financial advice. Always manage your risk.
#BTC #ShortSetup #Scalp #TradingPlan #Crypto
🎯
Entry: 63,050 - 63,250 🔥
Target: 62,700 / 62,350 / 61,900 🚀
Stop Loss: 63,800 ⚠️
Semiconductor weakness hit BTC hard — chip index dropped 4.3% and the Nasdaq followed. Lower PPI and jobless claims trapped a ton of leveraged longs, fueling the dump. BTC is now at a demand zone around 62,500–62,700, but the intraday structure is bearish with lower highs and lower lows.
My plan: only short if we get a clean bounce into that entry zone and see a 15-minute rejection. No chasing — that's how traps happen. Are you waiting for the bounce or staying on the sidelines?
Not financial advice. Always manage your risk.
#BTC #ShortSetup #Scalp #TradingPlan #Crypto
🎯