🔴 $BTC/USDT – SHORT sellers continue to dominate!
$BTC is maintaining a downtrend on the 1H chart, with the price below the EMA lines. Selling pressure remains strong, but watch out for a technical rebound as the 4H RSI has fallen to 22.4—an oversold level.
📉 SHORT plan:
⟶ Entry: 67,198 – 67,323
• TP1: 66,210
• TP2: 65,509
• TP3: 64,458
⛔ : 68,662
⚠️ Moderate confidence; favor a small position size. Take profit on 50% at TP1, 25% at TP2, and the remainder at TP3. Move the SL to breakeven after TP1.
BTC may continue falling toward 64,458 USD, but don't underestimate the possibility of a strong rebound from oversold territory!
$BTC is maintaining a downtrend on the 1H chart, with the price below the EMA lines. Selling pressure remains strong, but watch out for a technical rebound as the 4H RSI has fallen to 22.4—an oversold level.
📉 SHORT plan:
⟶ Entry: 67,198 – 67,323
• TP1: 66,210
• TP2: 65,509
• TP3: 64,458
⛔ : 68,662
⚠️ Moderate confidence; favor a small position size. Take profit on 50% at TP1, 25% at TP2, and the remainder at TP3. Move the SL to breakeven after TP1.
BTC may continue falling toward 64,458 USD, but don't underestimate the possibility of a strong rebound from oversold territory!
