đŻ BITCOIN AT $73,700 â THE NEXT MOVE COULD CREATE A TRADING OPPORTUNITY!
Donât rush into a BTC trade. Watch these two important levels first.
đ BINANCE BTCUSDT PERPETUAL FUTURES
Current reference price: $73,718
24H Futures Volume: $12.1B
Open Interest: $7.2B
Funding Rate: +0.0100% (8H)
đ MY TRADE PLAN
đą LONG SETUP
Entry: Above $74,220 after breakout and successful retest.
Targets:
TP1: $74,800
TP2: $75,400
TP3: $76,000
Stop Loss: Below $73,850.
đŽ SHORT SETUP
Entry: Below $73,590 after breakdown and failed retest.
Targets:
TP1: $73,000
TP2: $72,500
TP3: $71,850
Stop Loss: Above $73,950.
đ§ WHY WATCH THESE LEVELS?
BTC perpetual futures open interest is around $7.2B, while funding remains positive. This means longs are paying shorts, but it does not guarantee a bullish move.
My strategy: Let price confirm the direction. Never chase a candle.
đŹ YOUR TRADE:
Would you wait for a LONG breakout or a SHORT breakdown?
Comment LONG or SHORT and explain your reason.
#Bitcoin #BTCUSDT #BinanceFutures
â ïž Educational trading analysis, not a guaranteed signal. Wait for confirmation, use appropriate position sizing and manage risk.
Donât rush into a BTC trade. Watch these two important levels first.
đ BINANCE BTCUSDT PERPETUAL FUTURES
Current reference price: $73,718
24H Futures Volume: $12.1B
Open Interest: $7.2B
Funding Rate: +0.0100% (8H)
đ MY TRADE PLAN
đą LONG SETUP
Entry: Above $74,220 after breakout and successful retest.
Targets:
TP1: $74,800
TP2: $75,400
TP3: $76,000
Stop Loss: Below $73,850.
đŽ SHORT SETUP
Entry: Below $73,590 after breakdown and failed retest.
Targets:
TP1: $73,000
TP2: $72,500
TP3: $71,850
Stop Loss: Above $73,950.
đ§ WHY WATCH THESE LEVELS?
BTC perpetual futures open interest is around $7.2B, while funding remains positive. This means longs are paying shorts, but it does not guarantee a bullish move.
My strategy: Let price confirm the direction. Never chase a candle.
đŹ YOUR TRADE:
Would you wait for a LONG breakout or a SHORT breakdown?
Comment LONG or SHORT and explain your reason.
#Bitcoin #BTCUSDT #BinanceFutures
â ïž Educational trading analysis, not a guaranteed signal. Wait for confirmation, use appropriate position sizing and manage risk.