š Trade Setup: $BTC ā Breakdown From Range, Continuation Likely
BTC failed to hold the 4H mid-range (92k area) and broke down on heavy volume. 1H EMAs rolled over sharply, and MACD turned bearish. Liquidity below 89.5ā90k is now exposed.
š» Short Entry: 91.2k ā 91.8k (weak bounce into EMA20 1H)
šÆ Take-Profit Targets:
TP1: 90.0k ā Round-number support + liquidity pocket
TP2: 89.2k ā 4H Bollinger lower band
š Stop-Loss: ā 92.6k ā 92.8k (break above EMA50 1H)
Risk:Reward: 1:2 ā 1:2.5
ā ļø Risk Factors
If BTC quickly reclaims 92.6k, sellers may get trapped.
Volatility is elevated ā use reduced size.
