The $BTC pair is trading at 73,583.67, down slightly by 0.34% over 24 hours. The price is holding near the support low at 73,209.12 and remains below the key moving averages, including MA(7) at 73,821.53, MA(25) at 73,995.23, and MA(99) at 74,586.08, following a slight pullback from higher levels.
🔻 Trend: Short $BTC
* Entry range: $73,300 – $74,000
* SL: $75,200
* TP 1: $72,500
* TP 2: $71,200
* TP 3: $69,800
Price action shows mild selling pressure following rejection from higher consolidation zones, with the price holding below the key moving averages. Weak recovery attempts and overhead resistance support the continuation of the downtrend as long as nearby resistance around 74,500 holds.
🔻 Trend: Short $BTC
* Entry range: $73,300 – $74,000
* SL: $75,200
* TP 1: $72,500
* TP 2: $71,200
* TP 3: $69,800
Price action shows mild selling pressure following rejection from higher consolidation zones, with the price holding below the key moving averages. Weak recovery attempts and overhead resistance support the continuation of the downtrend as long as nearby resistance around 74,500 holds.
