$BTC I remain short (countertrend)
The current short-term trend is undoubtedly bullish. However, the price is now approaching the major resistance zone around 78878.
During the recent rally, open interest (OI) remained relatively flat, which is healthy, but may indicate a lack of leveraged momentum to break through major resistance directly without a pullback.
$BTC Short strategy (countertrend)
· Short entry: 78500 - 79000 (resistance zone and previous rejection area)
· Stop loss (SL): Above 79600
· Take profit (TP): 77600 and 76300
Support me by trading here 👇$BTC
The current short-term trend is undoubtedly bullish. However, the price is now approaching the major resistance zone around 78878.
During the recent rally, open interest (OI) remained relatively flat, which is healthy, but may indicate a lack of leveraged momentum to break through major resistance directly without a pullback.
$BTC Short strategy (countertrend)
· Short entry: 78500 - 79000 (resistance zone and previous rejection area)
· Stop loss (SL): Above 79600
· Take profit (TP): 77600 and 76300
Support me by trading here 👇$BTC
