$BTC Looking for shorting opportunities
It is worth noting that open interest (OI) is declining across all timeframes, suggesting that the recent rebound was likely driven by short covering rather than new spot buying, as positions are currently being closed.
The current trend remains under pressure, with sellers dominating the 69,000 resistance zone.
$BTC Shorting strategy
· Short entry: 69,300–69,800
· Stop-loss: Above 70,500
· Take-profit: 68,000 and 67,500
Support me just Trade here👇 $BTC
It is worth noting that open interest (OI) is declining across all timeframes, suggesting that the recent rebound was likely driven by short covering rather than new spot buying, as positions are currently being closed.
The current trend remains under pressure, with sellers dominating the 69,000 resistance zone.
$BTC Shorting strategy
· Short entry: 69,300–69,800
· Stop-loss: Above 70,500
· Take-profit: 68,000 and 67,500
Support me just Trade here👇 $BTC
