VolumeTrap
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Analysis of BTC/USDT on the 4H frame: The risk of breaking support is increasing – Caution with volume traps
$BTC
📉 Technical status on the 4H frame:
The trend slightly leans towards bearish, weak momentum
The price is hesitating in the Ichimoku cloud – the trend is not clear
Large volume blocking above around the 108.5k–109k zone
MACD cuts down + histogram expands: the downward momentum is prevailing
Stochastic RSI still shows no clear signs of recovery
🔍 Potential trading strategy:
Consider shorting if the price breaks below the 107.5k zone
Targets respectively: 106,000 / 104,500 / 102,000
📉 Technical status on the 4H frame:
The trend slightly leans towards bearish, weak momentum
The price is hesitating in the Ichimoku cloud – the trend is not clear
Large volume blocking above around the 108.5k–109k zone
MACD cuts down + histogram expands: the downward momentum is prevailing
Stochastic RSI still shows no clear signs of recovery
🔍 Potential trading strategy:
Consider shorting if the price breaks below the 107.5k zone
Targets respectively: 106,000 / 104,500 / 102,000
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