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The $BTC /USDT 15 min chart shows a steep sell-off, then the market just drifts sideways on low volume. In technical analysis, when you see this kind of pause after a big drop, it usually means the trend wants to keep going—and right now, that trend is down. This setup is known as a bear flag or bearish consolidation. The idea here is to catch the next leg down by shorting if price breaks below current support. Here is the plan: $BTC Trade Type: Short (Sell). Entry: Below $89,400. Wait for a break and confirmation below the recent low in the consolidation zone. $BTC Take Profit : $88,500 Stop Loss : $89,800. #bitcoin #BTCUSDT #cryptotrading #TechnicalAnalysis #BTC
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$SOL /USDT 1-Hour Chart: Quick Trade Breakdown Right now, $SOL ’s price is stuck in a bit of a rut after a sharp drop. It is hanging out below a stubborn resistance zone. Both the 7 and 25-period moving averages are drifting sideways or slightly down, with the shorter MA7 always under the MA25. That is a clear sign we are either in a mild downtrend or just moving sideways for now. Resistance sits at $138.00, which lines up with both a previous swing high and those moving averages. On the flip side, support hangs around $134.00–$134.50. This is where buyers have been stepping in and where the last bounce happened. Here is the setup: Type: Long (Buy) Entry: $134.80 Take Profit 1: $136.50 (right where the moving averages are clumped together) Take Profit 2: $137.80 (just below that minor resistance from the last consolidation) Stop Loss: $133.70 (under the recent swing low) $SOL #sol #solana #cryptotrading #TechnicalAnalysis #ScalpTrade
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