$BTC SHORT Setup - Bears Are Back 🔴📉
$BTC / USDT Perp - $74,007
4H structure has flipped bearish. EMA stack is pointing down, momentum is with sellers.
My Plan:
Short Entry: $73,939 - $74,037
Target 1: $73,027
Target 2: $72,387
Target 3: $71,426
Stop Loss: $75,269
Reason: RSI 4H at 41.7, still below 45. No bullish reversal yet.
This is NOT a high conviction trade. Keep risk small and size light.
Smart Exit: Book 50% at TP1, 25% at TP2, 25% at TP3. Move SL to breakeven after TP1.
If $BTC reclaims $75,269, this short idea is INVALID.
Are you SHORT or waiting for LONG?
Drop your view 👇
#BTCUSDT #Bitcoin #Crypto #BinanceSquare
$BTC / USDT Perp - $74,007
4H structure has flipped bearish. EMA stack is pointing down, momentum is with sellers.
My Plan:
Short Entry: $73,939 - $74,037
Target 1: $73,027
Target 2: $72,387
Target 3: $71,426
Stop Loss: $75,269
Reason: RSI 4H at 41.7, still below 45. No bullish reversal yet.
This is NOT a high conviction trade. Keep risk small and size light.
Smart Exit: Book 50% at TP1, 25% at TP2, 25% at TP3. Move SL to breakeven after TP1.
If $BTC reclaims $75,269, this short idea is INVALID.
Are you SHORT or waiting for LONG?
Drop your view 👇
#BTCUSDT #Bitcoin #Crypto #BinanceSquare