$BTC Bearish Pullback
Price is trading below all major MAs after a sharp rejection from higher levels. Momentum remains negative with expanding red MACD histogram.
Trade Setup (Short)
Entry Zone: 74,200 – 75,200
Take Profit Targets:
TP1: 73,000
TP2: 71,500
TP3: 69,500
Stop Loss: 76,500
Sellers are in control under the declining averages. Further downside is likely if it breaks the recent low with continued volume.
*Disclaimer:This is not financial advice. Cryptocurrency trading involves high risk of loss. Always do your own research and trade responsibly at your own risk.
Sell and Trade $BTC
🔻
Price is trading below all major MAs after a sharp rejection from higher levels. Momentum remains negative with expanding red MACD histogram.
Trade Setup (Short)
Entry Zone: 74,200 – 75,200
Take Profit Targets:
TP1: 73,000
TP2: 71,500
TP3: 69,500
Stop Loss: 76,500
Sellers are in control under the declining averages. Further downside is likely if it breaks the recent low with continued volume.
*Disclaimer:This is not financial advice. Cryptocurrency trading involves high risk of loss. Always do your own research and trade responsibly at your own risk.
Sell and Trade $BTC
🔻
