$BTC - SHORT momentum in focus (x75)
Quick lesson from $BTC on reading a cool RSI.
TRADE PLAN
Entry zone: 81275.83 - 81328.97 (ref 81310.372)
TP1: 81000 (+0.38%)
TP2: 80784 (+0.65%)
TP3: 80553 (+0.93%)
Stop loss: 81590.29 (-0.34%)
Under 50 means sellers hold the wheel, but above 30 means they have not wrung everyone out. That middle ground is why I treat this as a short that is still forming, not a finished one.
What would make you ignore a cool RSI like this one?
⚠️ Personal market insight, not investment advice. DYOR.
Quick lesson from $BTC on reading a cool RSI.
TRADE PLAN
Entry zone: 81275.83 - 81328.97 (ref 81310.372)
TP1: 81000 (+0.38%)
TP2: 80784 (+0.65%)
TP3: 80553 (+0.93%)
Stop loss: 81590.29 (-0.34%)
Under 50 means sellers hold the wheel, but above 30 means they have not wrung everyone out. That middle ground is why I treat this as a short that is still forming, not a finished one.
What would make you ignore a cool RSI like this one?
⚠️ Personal market insight, not investment advice. DYOR.