#CEXvsDEX101
BTC is breaking below the rising parallel channel on the 4H chart â a bearish signal suggesting potential downside pressure.
đ¸ Price: $93,821
đ¸ Channel Support Broken: ~ $94,500
đ¸ Immediate Downside Target: $89,992
đ¸ Stop Loss for Shorts: Above $95,715
â ď¸ Warning: Avoid aggressive long entries unless BTC reclaims the channel support. Momentum is currently favoring the bears.
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