🔴 BTC/USDT SHORT SETUP
📉 Direction: Sell BTC at Market Price
Bitcoin is currently trading within a consolidation zone, having touched both my support and resistance levels. As long as price remains within this range, we could see continued sideways movement, creating a potential short-term trading opportunity.
🎯 Take Profit (TP): $82,160.15
🛑 Stop Loss (SL): $83,438.43
The plan is to target a move toward the lower price level while managing risk with a defined stop loss. Remember, consolidation can break in either direction, so wait for confirmation and manage your position carefully.
⚠️ Trading involves risk. This setup is not guaranteed financial advice.
$BTC #bitcoin #TechnicalAnalysis $ETH
📉 Direction: Sell BTC at Market Price
Bitcoin is currently trading within a consolidation zone, having touched both my support and resistance levels. As long as price remains within this range, we could see continued sideways movement, creating a potential short-term trading opportunity.
🎯 Take Profit (TP): $82,160.15
🛑 Stop Loss (SL): $83,438.43
The plan is to target a move toward the lower price level while managing risk with a defined stop loss. Remember, consolidation can break in either direction, so wait for confirmation and manage your position carefully.
⚠️ Trading involves risk. This setup is not guaranteed financial advice.
$BTC #bitcoin #TechnicalAnalysis $ETH