#momentumfail
momentumfail
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$BTC SHOWING SIGNS OF EXHAUSTION โ SHORT SETUP IN PLAY ๐ฏ
Entry: 61,300โ61,450 ๐ฅ
Target: 61,000 ๐
Stop Loss: 61,850 โ ๏ธ
Momentum is fading at these levels after a prolonged push higher. The structure is becoming loose โ consecutive lower wicks on the 1H suggest sellers are absorbing bids. If 61,300 breaks with conviction, the next vacuum is down to 60,700.
A sweep of recent highs before rejection would confirm the liquidity grab. Are you shorting here or waiting for the retest?
Not financial advice. Always manage your risk.
#BTC #ShortSetup #MomentumFail #Crypto
๐ฅ
Entry: 61,300โ61,450 ๐ฅ
Target: 61,000 ๐
Stop Loss: 61,850 โ ๏ธ
Momentum is fading at these levels after a prolonged push higher. The structure is becoming loose โ consecutive lower wicks on the 1H suggest sellers are absorbing bids. If 61,300 breaks with conviction, the next vacuum is down to 60,700.
A sweep of recent highs before rejection would confirm the liquidity grab. Are you shorting here or waiting for the retest?
Not financial advice. Always manage your risk.
#BTC #ShortSetup #MomentumFail #Crypto
๐ฅ
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