BTC is hovering just under the 30k mark, testing the 29,500 resistance line. A fresh CHoCH on the 1h chart signals the next leg may be down.
🔴 $BTC SHORT 📉
Entry → $85,597.62-$85,768.98
Stop → $88,253.80 (-3.0%)
TP1 → $84,398.05 (+1.5%)
TP2 → $81,399.13 (+5.0%)
R/R 1:1.7 • Confidence 64%
The 1h CHoCH broke the prior swing high and the CVD turned negative, confirming sell pressure. An FVG sits right above the broken structure, overlapped by an order block that acted as a liquidity sweep, creating a POI confluence.
A 3.0% stop is relatively tight, so 5x leverage keeps risk manageable.
Take half profit around the first target at 28,800 as price approaches the next resistance.
Not financial advice — trade only what you can afford to lose 🙏
$BTC #BTCUSDT #binancelaunchesbinanceintelligence #TradingSignals #Write2Earn
🔴 $BTC SHORT 📉
Entry → $85,597.62-$85,768.98
Stop → $88,253.80 (-3.0%)
TP1 → $84,398.05 (+1.5%)
TP2 → $81,399.13 (+5.0%)
R/R 1:1.7 • Confidence 64%
The 1h CHoCH broke the prior swing high and the CVD turned negative, confirming sell pressure. An FVG sits right above the broken structure, overlapped by an order block that acted as a liquidity sweep, creating a POI confluence.
A 3.0% stop is relatively tight, so 5x leverage keeps risk manageable.
Take half profit around the first target at 28,800 as price approaches the next resistance.
Not financial advice — trade only what you can afford to lose 🙏
$BTC #BTCUSDT #binancelaunchesbinanceintelligence #TradingSignals #Write2Earn