๐๐ฐ Urgent BTCUSDT Update ๐ฅ
๐ Key Levels to Watch:
Break Above 73k:
๐ If BTCUSDT exceeds 73k, consider opening a long position with a next target at 85k.
Break Below 66k:
๐ If BTCUSDT falls below 66k, consider opening a short position with a next target at 52k.
๐ Important Points:
Rejection at 70k-71k:
โ The market's rejection at the 70k-71k zone confirms a bearish outlook.
Current Consolidation:
๐ Price is consolidating around 66k, serving as temporary support.
Projected Move:
๐ฎ Anticipate a further drop towards the strong demand zone near 52k-53k.
๐ Trading Strategy:
Position Size:
Allocate only 5% of your wallet size.
Leverage:
Utilize a maximum of 20x leverage.
๐ Bearish Trajectory:
The rejection at the 70k-71k resistance zone suggests potential further downside.
Watch for a breakdown of the 66k support level, which could accelerate the drop towards the 52k-53k demand zone.
๐ก Trade Wisely:
๐ Stay alert and ready to react to these key levels.
๐ Manage your risk carefully with proper position sizing and leverage.
๐จ Remember:
Crypto markets are highly volatile. Always trade with caution and have a clear risk management strategy in place. ๐จ
