⚠️⚠️BTC Down⚠️✨️

BTCUSD Trade Alert

1 Market Trend: BTCUSD has been consistently following a downtrend.

2 Sell Opportunity: A selling opportunity is identified at the entry level of 97,380.

3 Technical Confirmation: The price is trading below the EMA50 on the 4H time frame, confirming bearish momentum.

4 Target Levels:

Target 1: 93,670

Target 2: 90,820

5 Market Sentiment: Bears are in control, pushing prices lower.

6 Momentum Analysis: Downward pressure continues as BTC struggles to break resistance.

7 Support & Resistance: Strong resistance near 97,380 and support at 90,820.

8 Risk Management: Always use a stop-loss to minimize risk.

9 Stop-Loss Suggestion: Consider placing a stop-loss above 98,500.

10 Entry Confirmation: Ensure confirmation before entering the trade.