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h4close
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$BTC AT 66.2K – MOMENTUM FADING, REVERSAL POSSIBLE ⚠️
I caught this long from 62.5k and it's been a nice ride up to 66.3k. But at 66.2k I'm starting to feel distribution — price is rising but the buying pressure underneath is weakening.
The key is the H4 close. If it closes weak or shows sell volume, I'll take profit and flip short. If it closes strong above 66.5k, I'll hold. The volume divergence on the 4H is worth watching.
What's your read on this level?
Not financial advice. Always manage your risk.
#BTC #Distribution #H4Close #ReversalSetup
⚡
I caught this long from 62.5k and it's been a nice ride up to 66.3k. But at 66.2k I'm starting to feel distribution — price is rising but the buying pressure underneath is weakening.
The key is the H4 close. If it closes weak or shows sell volume, I'll take profit and flip short. If it closes strong above 66.5k, I'll hold. The volume divergence on the 4H is worth watching.
What's your read on this level?
Not financial advice. Always manage your risk.
#BTC #Distribution #H4Close #ReversalSetup
⚡
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