$LAB This isn't a trap—it's free money talking. BTC is in a bearish alignment from the daily chart down to the 1-hour chart, with price below both the EMA50 and EMA200. In this setup, any bounce just clears the way for short positions. The 4-hour RSI is hovering around 42, selling momentum remains intact, and the ADX reading also suggests the trend is still continuing.
That little bit of upside looks more like a bull trap than a reversal. I’m watching for signs of stalling after a bounce into the resistance zone. As long as volume doesn’t pick up, a retest of the previous low is the most likely outcome. Keep positions small and follow through if support breaks.
🔴 Trade direction: Short
📍 Entry range: 0.0498063 – 0.0499547
🛑 Stop loss: 0.0512707
🎯 Take profit 1: 0.0488378
🎯 Take profit 2: 0.0481427
🎯 Take profit 3: 0.0471001
No need to chase the trend—the trend will come to you.
Stand alongside Sister Li, and let every moment leave an echo.
#LAB
Click below to trade 👇
That little bit of upside looks more like a bull trap than a reversal. I’m watching for signs of stalling after a bounce into the resistance zone. As long as volume doesn’t pick up, a retest of the previous low is the most likely outcome. Keep positions small and follow through if support breaks.
🔴 Trade direction: Short
📍 Entry range: 0.0498063 – 0.0499547
🛑 Stop loss: 0.0512707
🎯 Take profit 1: 0.0488378
🎯 Take profit 2: 0.0481427
🎯 Take profit 3: 0.0471001
No need to chase the trend—the trend will come to you.
Stand alongside Sister Li, and let every moment leave an echo.
#LAB
Click below to trade 👇