Looking at your BTC/USDT 4H chart, here's a clear breakdown to guide your trading decision:
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📉 Current Price: $114,163.49
Down 0.76%, sitting just below equilibrium and between PDH/PDL.
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🧠 Technical Analysis:
🔺 Bearish Signals:
CHoCH and BOS (Break of Structure) to the downside = Trend shift bearish.
Price got rejected from premium zone and strong supply area (~$120,000).
Lower High (LH) formed = weak bullish pressure.
🟦 Key Levels:
Equilibrium: Currently acting as resistance.
PDH: Nearby, but price failed to reclaim it.
PDL & PWL: Untapped liquidity below (likely target if sell pressure increases).
Discount Zone: Price was recently there – if revisited, it might act as support.
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📌 Strategy Decision:
📉 Bias: SELL (Short-Term)
Entry Idea: If price rejects from equilibrium/PDH again.
Target: PDL → PWL (~$112,000–$111,000).
Stop Loss: Above PDH and equilibrium (~$115,000+).
✅ BUY only if:
Price closes above equilibrium + breaks PDH, targeting $118k–$120k zone.
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Would you like a scalp-level entry with exact stop loss and TP, or a swing plan?
