Shu Qin: Bitcoin


Direction: Short
Entry: Around 62.7k–63.2k
Confidence: Medium
Leverage: 10x
Position: 10%
Take Profit: Point 1: Near 61.6k (play it safe) Point 2: 60.7k Point 3: 59.3k
Stop Loss: Slightly above 63.6k
Reason: The 63.1k resistance is still decent—there’s room to catch a pullback here.
Note: Don’t place orders at round-number levels; they’re hard to fill. Place orders a little below the resistance zone to make filling more likely. Since there are many fake breakdowns and fake breakouts right now, to prevent this, set your stop loss a bit higher, lower the risk-reward ratio, and significantly increase the win rate to trade.
BTC-2.81%
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