$BTC Potential Short Opportunity if $97,000 Fails to Hold! ๐
On the 1h timeframe, $BTC is currently trading at $96,955.10, showing a slight positive movement of +0.09%. The 24h high is $97,732.00, with a trading volume of 20.190 BTC and 1.93B USDT. #BTC is currently near the $97,000 level. Failure to hold this could present a short opportunity.
โ Key Observation:
#BTC is near the $97,000 level. If it fails to hold, a short position could be considered.
Potential Short Entry (if $97,000 fails):
โ๏ธ Below $97,000 (potential entry after confirmed breakdown)
Potential Short Targets:
๐ฏ $96,400 (potential immediate target)
๐ฏ $95,600 (potential next target)
๐ฏ $95,100 (potential further target)
๐ก๏ธImportant Support Level (that could invalidate short idea):
๐ก๏ธ $97,000 (holding this level would negate the short idea)
๐ก๏ธ $97,732 (24h high - break above could signal further bullish momentum)
๐ Stop Loss (for short position):
Consider setting a stop loss above $97,150 to protect against a false breakdown.
Buy and trade here on $BTC