🔥 Trade Setup:
📍 Asset: BTCUSDT Perpetual
⏱️ Timeframe: 4H (1D for context)
📊 Trend: Bearish – Price below MA30 (78,343.7) & MA60 (94,728.5). MA5/10 stacking lower but still below current price — weak bounce.
📊 Key Levels:
Support: 77,150 (24h low) / 74,280 (MA5)
Resistance: 78,343 (MA30) / 79,200 (liquidity grab zone)
💰 Entry: 78,500 – 78,700 (fake reclaim of MA30 + liquidity sweep above 78,322)
🛑 Stop Loss: 79,350 (above structure high + wick clearance)
🎯 Targets:
T1: 77,200
T2: 74,300
T3: 72,000
🧠 Reason:
Price rejected from MA30 after a low-volume pullback. No bullish divergence on visible VOL. Current move looks like a trap to absorb retail longs before continuation down.
⚡ Confidence: High (clean level rejection, bearish moving average alignment)
📌 Bonus Tip:
Watch for a wick above 78,322 — if it happens on low volume, it’s a stop hunt before dump. Don’t chase the break.