🚨 BINANCE BTCUSDT PERP UPDATE 🔥
$BTC Reached the Blue Target Zone ✅
Current Price: ~$71,476
Chart Analysis (15M):
• Price successfully hit the projected blue target zone today
• Short-term downside objective achieved
• Currently trading near key Fibonacci levels (50% & 61.8%)
• Momentum remains bearish on higher timeframes after the channel breakdown
Updated Trade Setup:
Short Bias (Continuation):
• Entry: Current levels or retest of $72K – $73K
• Target 1: $70,000 – $70,500
• Target 2: $68,500 – $69,000
• Target 3: $67,000 – $65,000
Long / Bounce Play (Scalp):
• Entry: Strong bounce from $70K – $70,500 zone
• Target: $73K – $74K (retest)
Stop Loss: $73,800 (above recent swing)
Recommended Leverage: 10-15x
The blue target has been hit cleanly. Now watch how price reacts around $70K–$71K. A rejection here keeps the bearish structure intact.
DYOR | Always use proper risk management | Trade responsibly!
