π Therefore, the better strategy is not to chase a SHORT at 63.8K. Instead, stay patient and wait for BTC to rebound into the 64.0Kβ64.3K zone. If we see a clear price rejection or bearish confirmation there, we can consider a SHORT setup.
π Reference SHORT Zone: 64.0Kβ64.3K
π Stop Loss: 64.5Kβ64.6K
π― TP1: 63.6K
π― TP2: 63.3K
π― TP3: 63.0Kβ62.8K
β οΈ Important: If BTC closes a strong H1 candle above 64.5Kβ64.6K, the SHORT scenario should be invalidated. In that case, it's better to stay out and wait for a new market structure before making the next decision.
Post #2811
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