đ $BTC KNOCKS ON SUPPORT DOOR â WILL 63,150 HOLD OR BREAK? đŻ
Short Entry: 63,700â63,950 đ
TP1: 63,300 đŻ
TP2: 62,900 â
TP3: 62,400 đ
Stop Loss: 64,250 đ
Price is hovering near the 24h low at 63,520, down 1.23%, with sellers pressing into the 63,150â63,280 demand zone. This is the liquidity pool institutional players watch closely â a clean break below 63,150 could open the floodgates for another leg lower, while a reclaim of 63,700 would flip short-term structure back in favor of buyers.
The short setup is textbook: wait for a retest into 63,700â63,950 before positioning, rather than chasing the dip directly at support. That patient approach keeps your R:R clean and aligned with the bearish bias. Volume confirmation at the break will separate the real move from a false slide.
Do you think sellers have enough momentum to clear 63,150, or is this support setting up a liquidity grab to the upside before continuation down? đ§
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž $BTC #Bitcoin #CryptoAnalysis #BTCUSDT #SupportLevels
đđĄ
Short Entry: 63,700â63,950 đ
TP1: 63,300 đŻ
TP2: 62,900 â
TP3: 62,400 đ
Stop Loss: 64,250 đ
Price is hovering near the 24h low at 63,520, down 1.23%, with sellers pressing into the 63,150â63,280 demand zone. This is the liquidity pool institutional players watch closely â a clean break below 63,150 could open the floodgates for another leg lower, while a reclaim of 63,700 would flip short-term structure back in favor of buyers.
The short setup is textbook: wait for a retest into 63,700â63,950 before positioning, rather than chasing the dip directly at support. That patient approach keeps your R:R clean and aligned with the bearish bias. Volume confirmation at the break will separate the real move from a false slide.
Do you think sellers have enough momentum to clear 63,150, or is this support setting up a liquidity grab to the upside before continuation down? đ§
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž $BTC #Bitcoin #CryptoAnalysis #BTCUSDT #SupportLevels
đđĄ
