📉 Trade Setup
· Direction: Short (EMA structure bearish; price below key EMAs & declining)
· Entry Zone: 431–435
(Near current price 431.65, below EMA(7) & EMA(25))
· Stop Loss: 450.00
(Above EMA(25) and recent consolidation high)
· Take Profit 1: 415.00
(Near EMA(150) & prior support)
· Take Profit 2: 405.00
(Below EMA(200) and next support zone)
· Take Profit 3: 390.00
(Psychological extension & strong swing low)
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📊 Key Levels
Resistances:
1. 435.15 – EMA(7) immediate resistance
2. 440.35 – EMA(25) strong resistance
3. 450.00 – Key swing high & stop-loss zone
Supports:
1. 429.95 – EMA(150) initial support
2. 426.65 – EMA(200) stronger support
3. 415.00–410.00 – Next major support zone
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📉 Indicators & Reasoning
· EMA Alignment: Price < EMA(7) < EMA(25) → Bearish short-term trend
· RSI Oversold: RSI(6) at 31.03, RSI(14) at 38.47 → Oversold but not reversing yet
· Volume: Volume below MA(5) & MA(10) → Selling pressure dominant
· News Context: “Significant Bitcoin, ZEC, and HYPE Long Positions Ob...” → possible long liquidation risk reinforcing downside
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⚠️ Risk & Catalyst
· Risk: Oversold RSI could lead to a short-term bounce → tight stop-loss recommended
· Catalyst: Continued long position unwinding could accelerate decline
· Market Sentiment: Bearish EMA, low RSI → favor downside continuation
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✅ Final Plan
· Entry: 431.65 area
· SL: 450.00
· TP1: 415.00
· TP2: 405.00
· TP3: 390.00
· Risk/Reward: ~1:4 on first TP
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🔄 Alternative Scenario
If price reclaims EMA(25) at 440.35, reconsider short bias. A break above 450 invalidates bearish structure.$BTC $ETH $BNB #CPIWatch #WriteToEarnUpgrade #BinanceBlockchainWeek #TrumpTariffs #BTCVSGOLD


