$BTC Short at 81,664 - My live setup
I added a short on BTC around 81,664 today. Three reasons:
1. Strong rejection at 82,000 - double top formed, sellers defending 82k level aggressively.
2. Funding rate turned positive, longs are crowded, which often leads to a pullback.
3. Price is trading below short-term EMA after a sharp bounce, momentum fading.
Target 80,000, Stop 82,000, 30% position. Live trade below, if it works it makes sense, if not, lesson learned. What do you think - will 82k break or hold👇?
#Bitcoin
I added a short on BTC around 81,664 today. Three reasons:
1. Strong rejection at 82,000 - double top formed, sellers defending 82k level aggressively.
2. Funding rate turned positive, longs are crowded, which often leads to a pullback.
3. Price is trading below short-term EMA after a sharp bounce, momentum fading.
Target 80,000, Stop 82,000, 30% position. Live trade below, if it works it makes sense, if not, lesson learned. What do you think - will 82k break or hold👇?
#Bitcoin
