Price: 107,950
Position: SHORT
Strategy: Retest Sell into Bearish Continuation
Timeframe: 30m
Status: Trade Active
📊 Analysis Summary:
BTC/USD retested the 107,950-108,100 resistance zone, aligning with the 14 EMA on a clear downtrend. Bearish rejection candles confirmed seller dominance, and I executed a short entry near the top of the retest.
🔽 Plan Ahead:
Towards:105,400
Holding this short unless price breaks back above EMA with bullish strength.
💬 “Sell the bounce. Ride the breakdown. Risk managed, conviction high.”
What’s your view? Will BTC hold below 108K or are bulls about to fight back?
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