BTC is battling below the 31,200‑31,400 range. Sellers are eyeing the 31,050 support as pressure builds.
🔴
$BTC SHORT 📉 — Trade Plan
• Entry: $83,363.35 – $83,530.25
• Stop: $85,950.20 (-3.0%)
• Target 1: $82,195.10 (+1.5%)
• Target 2: $79,274.46 (+5.0%)
• R/R 1:1.7 | Confidence 65%
A CHoCH on the 4‑hour chart broke the bullish swing, while CVD turned negative confirming the shift. The price is now sitting in a fair‑value gap that aligns with a strong order block, creating a POI where the OB and FVG overlap. That confluence drives a clear short bias.
A 3.0% stop is relatively tight for this swing, so a 5‑10x leverage range keeps risk manageable.
Take partial profit around the first target near 30,300 to lock in early gains.
As always: manage your risk, this is not financial advice 🙏
$BTC #BTCUSDT #AltcoinSeasonIndexHoldsAbove60For5Days #TradingSignals #Write2Earn