$BTC
Short Trade Signal (Liquidation Hunting)
• Pair: $BTC/USDT (Binance)
• Entry: $103,500 - $103,800
• Stop Loss: $105,500
• Take Profit Targets:
• TP1: $101,500
• TP2: $99,500
• TP3: $98,200 (High liquidation level)
• Reasoning:
• The liquidation heatmap shows a high liquidation cluster around $98,200, meaning a potential price magnet for market movements.
• The price is currently at a local high with a strong liquidity area above, making it a good shorting opportunity.
• A possible liquidity grab before a correction is expected.
Risk Management:
• Use proper risk-to-reward ratio (at least 1:2).
• Monitor BTC dominance for confluence.
• Avoid overleveraging.
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