Trading Strategy ๐Ÿ‘ˆ

Since the chart is showing a strong bearish trend, your strategy should depend on whether you want to trade:

Short (Sell) for more downside

Long (Buy) if a reversal happens

๐Ÿ“‰ Bearish Strategy (Short Trade - Trend Continuation)

๐Ÿ”น Entry:

If price breaks below 94,500 with high volume, enter a short position.

Wait for a small bounce back to 95,000 - 96,000 and enter there for a better risk-reward ratio.

๐Ÿ”น Stop Loss:

Place at 97,000 - 98,000 (above the previous resistance).

๐Ÿ”น Take Profit Targets:

92,000 (First TP)

90,000 (Major support)

๐Ÿ’ก Why?

The trend is clearly down.

Moving averages confirm bearish momentum.

Price is making lower highs & lower lows (downtrend structure).

๐Ÿ“ˆ Bullish Strategy (Long Trade - Reversal Play)

๐Ÿ”น Entry:

ONLY if price bounces from 94,500 and forms a bullish confirmation (e.g., green candle with strong volume).

Wait for a break above 97,000 - 98,000 for safer confirmation.

๐Ÿ”น Stop Loss:

Place below 93,500 (to protect against further downside).

๐Ÿ”น Take Profit Targets:

100,000 (First TP - psychological level)

103,000 - 104,000 (Major resistance)

๐Ÿ’ก Why?

If the price holds 94,500 and makes a higher low, it may trigger a bounce.

Risk is lower if confirmation occurs.

Final Thoughts & Tips

โœ… Shorting has a higher probability of success in this trend.

โœ… Use tight stop losses because crypto is volatile.

โœ… Watch Bitcoin (BTC) movement, as it impacts the entire market.

โœ… Volume mattersโ€”if selling volume is high, expect further downside. #BtcSignals $USUAL