🔥 Shorting Opportunity Alert! 📉 $BTC is primed for a healthy correction.
Entry: $0.1708 - $0.1740TP: $0.1620 - $0.1650SL: $0.1765Entry: $0.1780 - $0.1800TP: $0.1596SL: $0.1830Technical analysis reveals temporary weakness after a rapid push to $0.1820. 📈 While the overall trend remains bullish, the price is currently overextended relative to the Middle Band (MB). This suggests a high probability of a price correction towards $0.162 - $0.165. Selling pressure is building as traders take profits at these local highs.
A pullback to test support at the Middle Band around $0.1596 is crucial for maintaining healthy market structure. Targeting lower profit levels aligns with this short-term technical adjustment, rather than a full trend reversal – maximizing potential for quick scalps. 🚀
#BTC #TradingSignals #Crypto #Correction 🐻
