I am currently observing the BTC/USDT pair on the 1-day chart. The price is around $104,269 and it has recently dropped below the 20 EMA ($105,714), which shows some short-term bearish pressure. The MACD is in the red zone and falling, and the RSI is at 37.68, which is heading toward the oversold region. Based on this, I am planning a paper short trade with a possible entry around $104,000, stop loss above $106,000 and target near $100,000. This is a cautious move due to EMA breakdown and weak momentum. Not a financial advice, just learning from price action. $BTC
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