trade plan for BTC/USDT (Perpetual) at 62,873.1.



$BTC #BitcoinETFSees7272BTCOutflow

1. Market Context

· Trend: Bearish (price below MA, SuperTrend at 67,333.9, down across 7D/30D).
· Bollinger Bands: Price near lower band (LB: 60,900.7) – oversold zone but can stay there in strong downtrends.
· MACD: DIF below DEA, negative histogram – bearish momentum intact.

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2. Key Levels

· Support: 62,200 (24h low) → 60,900 (Bollinger LB) → 59,222 (recent swing low)
· Resistance: 64,488 (24h high) → 65,761 (Bollinger MB) → 67,334 (SuperTrend)

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3. Trade Scenarios

A) Short (Preferable in current trend)

· Entry zone: 63,200–63,500 (retest of broken support/resistance)
· Stop loss: Above 64,550 (24h high + wick clearance)
· Take profit 1: 62,200
· Take profit 2: 60,900
· Risk/Reward: ~1:2

B) Long (Counter-trend, more risk)

· Entry zone: 60,900–61,400 (only if bullish reversal candle forms near LB)
· Stop loss: Below 60,500
· Take profit 1: 62,800
· Take profit 2: 64,200
· Risk/Reward: ~1:2

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4. Confirmation to watch

· For shorts: Price fails to reclaim 63,800–64,000 zone, MACD stays negative.
· For longs: Bullish divergence on MACD or strong volume rejection at 60,900.

5. Risk Management

· Risk per trade: 1–2% of portfolio.
· Avoid trading if volatility spikes without clear structure.
BTC-3.93%
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