BTC/usdt
Short (Sell) Trade Setup
1. Entry Point:
Enter a short trade if the price drops below 90,500 or market price.
2. Stop Loss (SL):
Set your stop loss at 92,000 to limit potential losses.
3. Take Profit (TP):
First TP level: 88,400.
Second TP level: 87,500 if the price keeps dropping.
Hedge Strategy
If the price moves up and hits 92,000, consider opening a small long position to reduce losses.
DCA Strategy
If the price moves higher but still shows signs of weakness, consider adding to your short position near 91,500 or 92,000.
Keep it simple and stick to your plan. Always be ready to adjust based on how the market behaves.