The pancake is currently under joint pressure at a price of 105970!
There are dense sell orders in the 106000-106500 area, with 0.183 BTC at the 106300 position creating a resistance point for an ideal short position!
The trading volume has shrunk to -0.04%, with MACD green bars declining and the oversold indicator reaching -1.1, showing no reversal basis!
Currently, I am deploying a short position at 106300, with a stop loss set at 106800, and the target must look below 105000! Currently, counter-trend bottom fishing is a high-risk behavior, and day trading should only focus on short positions, not long ones.
In the crypto world, opportunities and risks coexist; staying vigilant and finding the right timing is key. I have also discovered a short-term project with huge potential for rapid growth! If you want to keep up, follow me for free sharing of insights!
