👀💰 Urgent BTCUSDT Update 💥
📈 Key Levels to Watch:
Break Above 73k:
🚀 If BTCUSDT exceeds 73k, consider opening a long position with a next target at 85k.
Break Below 66k:
📉 If BTCUSDT falls below 66k, consider opening a short position with a next target at 52k.
🔑 Important Points:
Rejection at 70k-71k:
❌ The market's rejection at the 70k-71k zone confirms a bearish outlook.
Current Consolidation:
📊 Price is consolidating around 66k, serving as temporary support.
Projected Move:
🔮 Anticipate a further drop towards the strong demand zone near 52k-53k.
🛑 Trading Strategy:
Position Size:
Allocate only 5% of your wallet size.
Leverage:
Utilize a maximum of 20x leverage.
📉 Bearish Trajectory:
The rejection at the 70k-71k resistance zone suggests potential further downside.
Watch for a breakdown of the 66k support level, which could accelerate the drop towards the 52k-53k demand zone.
💡 Trade Wisely:
👉 Stay alert and ready to react to these key levels.
👉 Manage your risk carefully with proper position sizing and leverage.
🚨 Remember:
Crypto markets are highly volatile. Always trade with caution and have a clear risk management strategy in place. 🚨
