Don’t rush to use rising volume to confirm the rebound. The volume behind this recovery, $BTC , hasn’t actually provided a confirmation signal. On the four-hour chart, the price is still being held down below the moving averages, so this rebound looks more like a recovery than a reversal.
Let’s look at the key levels. Until the resistance zone above is decisively broken, I’m inclined to look for a pullback on rallies. Trying a small short position and taking profits in stages is steadier than chasing the rebound. Just keep a close eye on volume.
🔴 Trade direction: Short
📍 Entry range: 75877.42 – 75956.46
🛑 Stop loss: 77031.26
🎯 Take profit 1: 75081.20
🎯 Take profit 2: 74524.04
🎯 Take profit 3: 73688.30
There’s no need to chase the wind. The wind will settle in its own time.
Stand alongside Sister Li, and let every moment resonate.
#BTC
Click below to trade 👇
Let’s look at the key levels. Until the resistance zone above is decisively broken, I’m inclined to look for a pullback on rallies. Trying a small short position and taking profits in stages is steadier than chasing the rebound. Just keep a close eye on volume.
🔴 Trade direction: Short
📍 Entry range: 75877.42 – 75956.46
🛑 Stop loss: 77031.26
🎯 Take profit 1: 75081.20
🎯 Take profit 2: 74524.04
🎯 Take profit 3: 73688.30
There’s no need to chase the wind. The wind will settle in its own time.
Stand alongside Sister Li, and let every moment resonate.
#BTC
Click below to trade 👇