$BTC SHORT SETUP 🔴
✅Entry: 66,599.99 – 66,720.00
TP1: 66,281.40
TP2:65,945.60
TP3: 65,548.25
🛑SL: 67,288.94
Key Technical Levels:
Immediate Resistance: The EMA(7) at $66,718 is the primary hurdle. Failure to break and hold above this level confirms the bearish continuation.
Support Breakdown: BTC is hovering near the $66,280 local support. A clean break here opens the doors to the recent swing low.
Market Sentiment: The "POW" (Proof of Work) label and decreasing volume on the 4H candles suggest the buying pressure is fading, favoring the bears for another leg down.
Note:Manage your risk carefully👀
BTC
66,678.12
-0.39%