$BTC Short Setup Brewing? š²š°(high risk)
On the 4H timeframe, $BTC is currently trading at 94149 USDT, showing a slight decrease of -0.52%. The 24h high is 95369 USDT and the 24h low is 93655 USDT, with a trading volume of 11.182K BTC and 1.06B USDT. The price has wicked above a potential resistance trendline but is currently trading below it, hinting at a possible short-term bearish opportunity if the resistance holds.
Potential Entry Zone: 94150 - 94400 USDT (Consider entering within this range if bearish confirmation is seen)
Potential Short Targets:
šÆ First Target: 93650 USDT (Near-term support)
šÆ Second Target: 93000 USDT
šÆ Ultimate Target: 92200 USDT
Potential Stop Loss:
š”ļø 94700 USDT (Consider as a stop loss level above the recent high and resistance trendline)
Trade and buy here on $BTC