📉 While everyone focuses on BTC,
$BILL /USDT continues to quietly slide, trading below the main support level by 3.4%.
🔻
$BILL – Sell order (SHORT)
📍 Entry zone:
0.0230587 – 0.0231413
🛑 Stop Loss (SL):
0.0240218
🎯 Targets:
• TP1: 0.0224086
• TP2: 0.0219477
• TP3: 0.0212563
📊 Why this trade?
• The 4-hour timeframe is bearish with an 85% confidence level, supported by a strong technical signal.
• The RSI on the 15-minute timeframe is at 23.87, reflecting clear control by sellers.
• Even though the daily timeframe move is still within a range, the short-term structure shows increasing weakness, targeting TP1 and TP2 levels.
• Armed status means the trade is now active, and the entry zone 0.0230587 – 0.0231413 is currently being tested.
• The ATR volatility indicator on the 1-hour timeframe rising to 0.000384 suggests increased volatility, while selling pressure remains ongoing with no clear reversal signal yet.
💬 Discussion:
If the RSI stays below 25 during the next four hours, does reaching TP2 become more likely—or could we see a sudden buying surge (Short Squeeze)?
👇 Do you think the drop will continue, or are buyers preparing to bounce back?
⚠️ Not financial advice. Always manage risk.
🏷️
#BILL #Crypto #Short #Technic #USDT