🎯 LOT Newcomer Limited-Time Airdrop is Live!
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Sell/Short BTC :(
Trade Setup: Short BTCUSDT (Bitcoin)
Entry Point: 104,200 – 104,400 USDT
Stop Loss: 106,000 USDT
Take Profit: 100,500 USDT
Risk-Reward Ratio: ~1.9:1
Rationale:
RSI (60min) at 39.37 indicates weak momentum; price is trending below the VWAP.
ADX remains low (26.6), suggesting a weak trend but bearish momentum is intensifying.
Momentum (Mom) and AO on both daily and hourly are deeply negative.
Price is now under EMA20, EMA50, and converging with EMA100, implying increasing downside pressure.
High-volume selloffs visible recently.
#Bitcoin#
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