📊 Market Structure Update & Trade Decision
✅ BTC Current Price: $92,593.74
✅ Previous Short Entry: $85,474 (20x Leverage)
📉 Market Trend Analysis
🔹 Strong Bullish Breakout: BTC has broken through previous resistance and surged past $90,000.
🔹 High Buying Volume: The green candles show strong buying pressure.
🔹 Short Squeeze Potential: Since many traders may have been shorting at lower levels, forced liquidations could drive BTC even higher.
❌ Short Trade Danger - What to Do Now?
Since BTC has already broken through key resistance zones, your short position is in serious risk. Holding onto a losing short trade at this stage could lead to liquidation.
📌 Suggested Actions:
✅ Cut Loss & Exit: If you haven’t closed the short yet, consider cutting the loss around $92,500 - $93,000 to avoid liquidation.
✅ Switch to Long: Since the breakout is strong, buying (Long) could be a better move instead of trying to fight the trend.
📈 Long Trade Setup (If Switching to Buy)
🔹 Entry: $92,500 - $93,500
🔹 Stop Loss (SL): $90,000 (Below recent breakout level)
🔹 Take Profit (TP1): $95,000
🔹 Take Profit (TP2): $97,500
🔹 Take Profit (TP3): $100,000+ (Psychological Level)
🔎 Final Decision
🚨 If still holding the short, cut the loss now!
🚀 Switch to a long trade & ride the uptrend.
📌 Key Resistance Levels: $95,000 - $100,000
📌 Key Support Levels: $90,000 - $88,500
➡ Safe Trading! Don’t fight the trend—trade smart.$BTC #TradingAnalysis #safetrading
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