📉 BTCDOM Short Setup in Focus 🔻
Trading Plan:
Bias: Short
Entry: 4,440 - 4,460
SL: 4,510
TP1–TP3: 4,390 / 4,350 / 4,300
Technical Analysis:
The asset exhibits a clear bearish trend on the 4-hour timeframe, with the price trading consistently below the EMA(7), EMA(25), and EMA(99). These moving averages are acting as dynamic resistance. A significant rejection occurred around the 4,500-4,550 resistance zone, leading to the current downward impulse. Confirmation for entry would be a minor pullback into the entry zone followed by a bearish price action reversal, with both RSI and MACD indicators remaining in bearish territory below their median lines.
Invalidation:
Only a break above 4,510 would invalidate this short-term bearish thesis.
BTCDOMUSDT
Perp
4,433.9
-1.38%
METUSDT
Perp
0.317
-1.40%
ZECUSDT
Perp
431.29
+5.01%
