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Based on the 1H $BTC USDT chart:
Signal: NEUTRAL → Slightly Bearish
Entry (Short): 60,050 – 60,180
Stop Loss: 60,420
Take Profit 1: 59,800
Take Profit 2: 59,450
Take Profit 3: 58,900
Alternative Long Scenario:
Consider longs only if BTC reclaims and holds above 60,350–60,450 with strong volume.
Targets: 60,700 → 61,100
BTC is consolidating below the MA30, while the short-term moving averages remain flat, indicating weak momentum. Unless buyers reclaim the MA30 with convincing volume, the price is more likely to continue ranging or drift lower. Trade with reduced position size and wait for confirmation before committing to larger positions.
Risk: Medium – Expect choppy price action and potential false breakouts.
#Get2SharesOfSKHynixAtZeroCost #BTCProbes60KKeySupportLevel