$BTC
HOODUSDT – Sharp Dump After Rejection ⚠️
Hello guys, stay focused and listen carefully 👀
HOOD made a strong move up to $93, but that was a clear distribution zone, and now we’re seeing a heavy rejection with a sharp dump.
Right now price is around $73, and the structure has shifted to bearish — forming lower highs and strong selling pressure. That big red candle confirms panic selling or profit booking.
My view for you:
If price holds $68–70 support, we may see a short-term bounce toward $78–82 📈
But if this zone breaks, next downside could be $63–65 area ⚠️
Trade Setup: 👉 Long Entry: $68–70 (only if strong support holds)
👉 Target: $78 / $82
👉 Stop Loss: Below $65
OR
👉 Short Entry: On pullback to $78–80
👉 Target: $70 / $65
👉 Stop Loss: Above $83
My dear followers, don’t catch falling knives blindly ❌
Wait for confirmation and trade with proper risk management — this market is volatile 🔥