📊 Strategic Considerations
Short Position Strategy:
• Entry Point: Consider entering a short position if BTC approaches the $95,400–$95,700 range, as this aligns with recent resistance levels and liquidation clusters.
• Confirmation: Look for signs of price rejection or bearish candlestick patterns in this zone to confirm entry.
• Stop-Loss: Place a stop-loss above $96,000 to manage risk in case of unexpected upward movements.
• Take-Profit Targets: Initial target at $93,800, with a secondary target around $92,500, considering the support zones and potential for long liquidations below $9