BTC/USDT (1H) Trade Signal 📊

Price: $121,851.6

đŸ”» SHORT Signal

Entry: $122,300 – $122,800

Take Profit (TP): 🎯 $120,500

Stop Loss (SL): 🛑 $123,500

Reason:

Price is below middle Bollinger Band ($122,583.3) → bearish zone đŸ”»

RSI ≈ 34.6 → weak momentum, close to oversold 📉

Failed to hold above $123K resistance; lower highs forming

Volume declining → no strong bullish pressure đŸš«

⚠ Tip: If price breaks above $123,500 with volume, exit short early — trend may reverse 📈

BTC
BTCUSDT
62,934.9
-3.08%