sure thing! let's take a look at what
$BTC #BTCUSDT is doing on the 4h timeframe ๐
- expecting a short-term FALL from current levels, bias is short ๐ฉ
- price is stalling just under resistance at 65,858 and 66,329, with strong supply stacked above
- first target for downside is 64,234, then 62,829, and if momentum builds, 60,755 is next
- ideal entry is a rejection or bearish engulfing around 65,800โ66,300, confirmed by a lower high or reversal wick
- take-profit zones are 64,234 and 62,829; partials at each level is smart
- if price breaks and holds above 66,329 with strong bullish candle, bias flips to long and next upside targets are 69,000 then 72,512
- for short, place stop above swing high at 66,400 or wherever structure flips bullish
- if you see a fakeout above 66,300 followed by sharp rejection, that's your confirmation to enter short
- not investment advice, educational report only
๐ Need more detailed analysis, trade signals?
Try Finora AI Telegram Bot for free -
t.me/FinoraEN_Bot