maintains bearish momentum — expecting further decline!
Sell: 94547.0
Stop loss :95027.0
✅ Overview:
➡️ BTCUSDT.P is forming a downtrend after testing the resistance zone.
➡️ Volume Profile suggests that the main liquidity (POC) is positioned above the current price ($96,258.3), indicating volume distribution in favor of sellers.
➡️ A break below $94,830.7 will confirm buyer weakness and open the potential for further decline. ➡️ a break below $94,830.7 will confirm buyer weakness and open the potential for further decline.
➡️ The $94,286.0 and $94,090.0 levels may act as profit-taking zones, while $93,900.0 is a key support level. ➡️ The $94,286.0 and $94,090.0 levels may act as profit-taking zones, while $93,900.0 is a key support level.
⚡️ Plan:
➡️ Short entry upon breaking $94,547.0, confirming further downside.
➡️ Stop-Loss at $95,027.0 - placed above the nearest liquidity level to minimize risk.
➡️ Main targets are in the $94,286.0 - $93,900.0 zone, where a bounce is possible.
🎯 TP Targets:
💎 TP 1: $94,286.0
🔥 TP 2: $94,090.0
⚡️ TP 3: $93,900.0
🚀 BTCUSDT.P maintains bearish momentum—expecting further decline!
📢 BTCUSDT.P continues its downward movement. If the price consolidates below $94,547.0, this will strengthen selling pressure and accelerate movement toward $93,900.0.
📢 However, buying activity may emerge at this level, so partial profit-taking is recommended.
Stop loss :95027.0
✅ Overview:
➡️ BTCUSDT.P is forming a downtrend after testing the resistance zone.
➡️ Volume Profile suggests that the main liquidity (POC) is positioned above the current price ($96,258.3), indicating volume distribution in favor of sellers.
➡️ A break below $94,830.7 will confirm buyer weakness and open the potential for further decline. ➡️ a break below $94,830.7 will confirm buyer weakness and open the potential for further decline.
➡️ The $94,286.0 and $94,090.0 levels may act as profit-taking zones, while $93,900.0 is a key support level. ➡️ The $94,286.0 and $94,090.0 levels may act as profit-taking zones, while $93,900.0 is a key support level.
⚡️ Plan:
➡️ Short entry upon breaking $94,547.0, confirming further downside.
➡️ Stop-Loss at $95,027.0 - placed above the nearest liquidity level to minimize risk.
➡️ Main targets are in the $94,286.0 - $93,900.0 zone, where a bounce is possible.
🎯 TP Targets:
💎 TP 1: $94,286.0
🔥 TP 2: $94,090.0
⚡️ TP 3: $93,900.0
🚀 BTCUSDT.P maintains bearish momentum—expecting further decline!
📢 BTCUSDT.P continues its downward movement. If the price consolidates below $94,547.0, this will strengthen selling pressure and accelerate movement toward $93,900.0.
📢 However, buying activity may emerge at this level, so partial profit-taking is recommended.
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💹In-depth analysis, accurate prediction, grasp the pulse of the gold market, if you like my ideas, please follow and forward
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.