$BTC BTC/USDT – Today’s Trade Plan (based on your 4H chart)
Current price: 69,600
Trend: Short-term bearish / range-bound
RSI(6): 44.6 (weak momentum)
Price is below EMA(15) & EMA(25) → sellers still in control.
✅ Primary Setup: SHORT (Preferred today)
Short Entry (Sell):
69,800 – 70,200
(retest of EMA 15 / EMA 25 zone)
Stop-Loss:
70,700 (clean break above EMA zone)
Take-Profit Targets:
TP1: 68,800
TP2: 67,900
TP3: 66,800 (only if strong breakdown)
📌 Reason:
Lower highs, price rejected near EMAs, volume decreasing → continuation to downside likely.
⚠️ Alternative Setup: LONG (Only if breakout)
Long Entry (Buy):
4H close above 70,800
Stop-Loss:
69,900
Take-Profit Targets:
TP1: 71,800
TP2: 73,000
📌 Reason:
Only valid if price regains EMA 25 & shows strong bullish close.