Bitcoin / TetherUS
Singkat

SELL BTCUSDT BELOW 55080

232
Market Analysis:

The current market structure for Bitcoin (BTC) is exhibiting bearish tendencies. The price is approaching a significant high level, and there are potential selling pressures near the Order Block and Point of Interest (POI). Additionally, the Fibonacci Golden Zone is a critical area to watch.

Trade Recommendation:

If the price breaks below 55,100, it could indicate a surge in selling pressure. To capitalize on this potential downtrend, consider a short position.

Trade Details:

Entry: Sell BTCUSDT below 55,080
Target: 54,400 - 54,000 - 53,800
Stop Loss: 300-500 points

Rationale:

Bearish Structure: The overall market structure suggests a bearish trend.
Order Block and POI: These areas often act as resistance levels, and a break below them could trigger a sell-off.
Fibonacci Golden Zone: This zone represents a significant price level that could offer resistance.
Liquidity: The presence of large liquidity levels at 54,400 - 54,188 could provide support for a potential price decline.

Note:
This is a general recommendation based on the current market analysis. Always conduct your own research and consider your risk tolerance before making any trading decisions.

Penafian

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