#NFPCryptoImpact
BTC 5% DUMP ALERT 🚨🚨
Don’t go LONG on it because: 👇
Perp.
94,758.9
+1.15%
Based on observation:
Divergence: Volume is decreasing while price is rising, suggesting weakening momentum.
Resistance Zone: The red zone around 96,645 aligns with a strong resistance area.
Short Plan:
1. Entry: Consider shorting at the resistance zone (96,600–96,800).
2. Stop Loss (SL): Place above the next significant resistance level at 97,300 to minimize risk.
3. Take Profit (TP):
TP1: Around 93,000 (mid-level support).
TP2: Around 90,600 (major support zone as marked).
Open short position on this.....
If you are going to learn how to trade cryptocurrencies, read my pinned post 📌
BTC 5% DUMP ALERT 🚨🚨
Don’t go LONG on it because: 👇
Perp.
94,758.9
+1.15%
Based on observation:
Divergence: Volume is decreasing while price is rising, suggesting weakening momentum.
Resistance Zone: The red zone around 96,645 aligns with a strong resistance area.
Short Plan:
1. Entry: Consider shorting at the resistance zone (96,600–96,800).
2. Stop Loss (SL): Place above the next significant resistance level at 97,300 to minimize risk.
3. Take Profit (TP):
TP1: Around 93,000 (mid-level support).
TP2: Around 90,600 (major support zone as marked).
Open short position on this.....
If you are going to learn how to trade cryptocurrencies, read my pinned post 📌