BTC is grinding lower as the market wrestles with waning risk appetite and a tightening funding curve.
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🔴 $BTC SHORT 📉
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📍 Entry Range: $80,142.28 – $80,302.72
🛑 Stop Loss: $82,629.18 (-3.0%)
🎯 TP1: $79,019.16 (+1.5%)
🏆 TP2: $76,211.38 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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The price just broke a higher low, confirming a change of character, while a spike in cumulative volume delta backed the move. A fresh fair‑value gap sits right above the break, intersecting an order block that doubles as a point of interest, giving the short a clean confluence.
A 3 % stop is fairly tight on this swing, so keep leverage at or below 5×.
Take half profit once price reaches the first target around 1.7 % below entry.
Not financial advice — always manage your own risk 🙏
$BTC #BTCUSDT #THORChain #TradingSignals #Write2Earn
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🔴 $BTC SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $80,142.28 – $80,302.72
🛑 Stop Loss: $82,629.18 (-3.0%)
🎯 TP1: $79,019.16 (+1.5%)
🏆 TP2: $76,211.38 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The price just broke a higher low, confirming a change of character, while a spike in cumulative volume delta backed the move. A fresh fair‑value gap sits right above the break, intersecting an order block that doubles as a point of interest, giving the short a clean confluence.
A 3 % stop is fairly tight on this swing, so keep leverage at or below 5×.
Take half profit once price reaches the first target around 1.7 % below entry.
Not financial advice — always manage your own risk 🙏
$BTC #BTCUSDT #THORChain #TradingSignals #Write2Earn