Shorting BTC around 91600 right now. The setup looks solid with a stop loss placed above the recent fake-out high—that level just can't hold. Target is the yearly open sitting at 87500. It's a solid risk-reward if the broader trend aligns with this downside move. The key is watching whether resistance breaks convincingly or if we bounce back up. Position management will be crucial here given the volatility in the current market cycle.
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SigmaValidator
· 01-12 13:48
91600 short? That's a bit greedy at this level, I think the rebound probability is quite high...
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quietly_staking
· 01-12 13:45
Bro, are you confident about this deal? I think the target at 87,500 is a bit risky.
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SignatureLiquidator
· 01-12 13:44
91600 short position? You're really bold. There's a bunch of false breakouts at this level.
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0xOverleveraged
· 01-12 13:39
91,600 short positions? Bro, how do you see this move? Can it really reach 87,500?
Shorting BTC around 91600 right now. The setup looks solid with a stop loss placed above the recent fake-out high—that level just can't hold. Target is the yearly open sitting at 87500. It's a solid risk-reward if the broader trend aligns with this downside move. The key is watching whether resistance breaks convincingly or if we bounce back up. Position management will be crucial here given the volatility in the current market cycle.