15 minutes time frame
🔷 BTC/USDT FUTURES 🔷
🟩 CLEAR POSITION: SHORT (Confidence: 75%)
♻️ Recommended Leverage: 10x
👉 Entry Zone: $94,000 - $94,300
🎯 Targets:
• T1: $93,500 (-0.63%)
• T2: $93,000 (-1.16%)
• T3: $92,400 (-1.79%)
• T4: $91,800 (-2.43%)
⛔ Stop Loss: $94,600
IF STOP LOSS TRIGGERS:
🔄 Reversal Strategy
New Entry: $94,700 - $95,000
🎯 New Targets:
• T1: $95,500 (+0.53%)
• T2: $96,200 (+1.12%)
⛔ New Stop Loss: $94,200
📊 Key Technical Points:
1️⃣ RSI: Currently around 65, nearing overbought territory, signaling potential downside.
2️⃣ MACD: Bearish divergence forming, with decreasing momentum on the 15-minute chart.
3️⃣ Volume: Declining, suggesting weakening buying pressure at the current levels.
4️⃣ Fibonacci Level: Testing key resistance at the 0.786 retracement, which often signals reversals.
🔥 Why Take a SHORT Position?
• RSI shows overbought conditions, increasing the probability of a price drop.
• Bearish divergence on MACD aligns with declining volume, confirming weakening bullish momentum.
• Clear risk-to-reward ratio with defined stop-loss and multiple downside targets.