๐๐ผ Ready Trading Deal (Short) on BTC/USDT โ Binance
๐๐ Current Technical Situation:
๐ป Current Price: 105,140 USDT
๐ General Trend: Bearish on H1 and H4 timeframe
๐งฑ Strong Support Break: 106,200 โ Turned into Resistance
๐ RSI: Below 35 โ Clear Selling Pressure
๐ชซ No Strong Support until: 103,800 then 102,400
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๐โจ Trade Details (Post Trade)
๐ Type: Sell (Short)
๐ Symbol: BTC/USDT
๐ฏ Entry Price: 105,140
โ Stop Loss (SL): 106,100
โ First Target (TP1): 103,800
๐ฏ Second Target (TP2): 102,400
๐ Profit/Loss Ratio (R:R): Approximately 1 : 2.5
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๐ง ๐ Trade Management Plan:
๐ก๏ธ Upon reaching TP1 โ Move Stop Loss to Entry (Break Even)
๐ซ If the price closes a H1 candle above 106,100 โ The bearish pattern is temporarily canceled
โ ๏ธ Do not risk more than 1.5% of your capital
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๐งญ๐ Additional Analytical Notes:
๐ In case the price bounces from 103,800 โ Sideways movement or technical rebound may occur
๐ต Monitor the US Dollar Index (DXY) โ Any increase in it reinforces the continuation of the decline in BTC
