$BTC
This is the moment where most traders freeze.
#Bitcoin just got rejected hard from the highs and we are seeing a massive blood candle. The market is dumping, emotions are high, and panic selling is kicking in.
Right now, the price is sitting at 73,121 after breaking down. The direction is clearly Bearish for the short term. We are hunting for a quick bounce to grab a short position before the next leg down.
Direction: Bearish (Short)
Entry Zone: 74,200 – 74,600
Stop Loss: 75,500
TP1: 72,800
TP2: 71,500
Stay sharp. Don't try to catch a falling knife, wait for the retest. Let the market come to you.
This is the moment where most traders freeze.
#Bitcoin just got rejected hard from the highs and we are seeing a massive blood candle. The market is dumping, emotions are high, and panic selling is kicking in.
Right now, the price is sitting at 73,121 after breaking down. The direction is clearly Bearish for the short term. We are hunting for a quick bounce to grab a short position before the next leg down.
Direction: Bearish (Short)
Entry Zone: 74,200 – 74,600
Stop Loss: 75,500
TP1: 72,800
TP2: 71,500
Stay sharp. Don't try to catch a falling knife, wait for the retest. Let the market come to you.
