Market Alert: $BTC /DAI - 30 Minute Chart (Binance)
Current Sentiment: Bearish Dominance with Potential Bounce
The $BTC /DAI 30m chart clearly shows a strong downtrend, characterized by lower highs and lower lows, placing the current short-term trend in a Bearish phase. Price is trading near the 24h low of \approx 110,361.
Pro Trade Signal (Short-Term - 30m)
LONG ENTRY (Counter-Trend/Bounce): Look for a reversal confirmation only if the price holds above 110,360. A safe aggressive entry could be a break and hold above the immediate overhead cluster (e.g., around 111,200 - 111,500).
Target 1: \approx 112,000
Target 2: \approx 112,800 (Near previous wick/resistance)
Invalidation/Stop-Loss: A decisive 30m candle close below \mathbf{110,300}.
SHORT ENTRY (Trend Continuation): Enter on a clean break and retest failure of the current support. Aggressive entry on a clear 30m candle close below the 24h low.
Entry: Below \mathbf{110,360}
Target 1: \approx 109,500
Target 2: \approx 108,600
Invalidation/Stop-Loss: A decisive 30m candle close above \mathbf{111,500}.
⚠️ Risk Management is Key: Utilize tight stop-losses given the volatility and clear bearish momentum. Always confirm the move with volume and your preferred indicators.