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【$BTC】Flat Position, 4H Moving Average Resistance / Volume Divergence / Awaiting Direction Confirmation
$BTC Price testing repeatedly below the 4-hour EMA20, with buying pressure but shrinking volume - typical weak rebound. Bull defense line at 71000, any struggle before volume breakout is invalid. Current risk-reward ratio is unfavorable, patiently waiting for the market to pick a side.
🎯 Direction: Flat Position ⚡ Entry: Awaiting valid breakout at 71085 or breakdown below 69800 🛑 Stop Loss: Reverse confirmation after breakout triggers stop loss 🚀 Target: Upside breakout targets 72800, downside breakdown targets 68500 🛡️ Strategy: Watch from sidelines, follow after key level breakout
Check live market data 👇 $BTC
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