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Raja_Muneebi7
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$TRADOOR SHORT OR LONG?
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What is the Next target 🎯 of btc?
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⚠️ Market Trend (Short-Term):* The price is currently trading *below the 7, 25, and 99 MA*, indicating *short-term bearish pressure*. There was a lower high and lower low formation, which confirms *a downtrend continuation* unless strong support holds. Trade Setup (Short Position): -Entry (Sell): 116,930 – 116,950 - Stop Loss (SL): 117,500 (Above recent high/resistance) - Take Profit (TP): - TP1: 116,300 (previous support) - TP2: 115,800 (extended target if breakdown continues) Reasoning: - MA crossover suggests weakness. - Volume is decreasing slightly – no strong reversal signal yet. - Price failed to reclaim above 117,500 – indicating resistance. Note:If BTC breaks above 117,500 with volume, exit the short — it might flip bullish. Let me know if you want a *long setup* instead.
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Can get Profit ?
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Thank you #Binance
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