Don't let the giveaway distract you—the main event is still to come. $BTC : This rebound looks lively, but the four-hour moving averages are still bearishly aligned, and the price hasn't even reclaimed the medium-term moving average. We need to recognize this for what it is: a bounce within a downtrend. There's solid resistance overhead, and volume dries up when the price pushes higher, showing that buyers can't sustain the move.
I'm inclined to open short positions within the rebound range, with a stop-loss beyond the swing high. Take half off at the first target and let the rest follow the price structure. Keep your position size small and don't rush. The closer the rebound gets to resistance, the calmer you need to be.
🔴 Trade direction: Short
📍 Entry range: 75980.20 – 76021.08
🛑 Stop-loss: 76802.95
🎯 Take-profit 1: 75398.91
🎯 Take-profit 2: 74997.75
🎯 Take-profit 3: 74396.01
No need to chase the prevailing winds; they will settle in their own time.
Stand alongside Sister Li, and let every moment leave an echo.
#BTC
Tap below to trade 👇
I'm inclined to open short positions within the rebound range, with a stop-loss beyond the swing high. Take half off at the first target and let the rest follow the price structure. Keep your position size small and don't rush. The closer the rebound gets to resistance, the calmer you need to be.
🔴 Trade direction: Short
📍 Entry range: 75980.20 – 76021.08
🛑 Stop-loss: 76802.95
🎯 Take-profit 1: 75398.91
🎯 Take-profit 2: 74997.75
🎯 Take-profit 3: 74396.01
No need to chase the prevailing winds; they will settle in their own time.
Stand alongside Sister Li, and let every moment leave an echo.
#BTC
Tap below to trade 👇